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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks, including interest-bearing deposits of $160,802 and $138,149 at December 31, 2023 and December 31, 2022 $ 233,612 $ 210,009
Securities available for sale, at fair value 970,391 1,002,778
Loans held for sale 153 16
Portfolio loans, net of unearned income 7,653,341 7,183,969
Allowance for credit losses (107,966) (101,340)
Portfolio loans, net 7,545,375 7,082,629
Bank owned life insurance 84,008 85,185
Premises and equipment, net 49,006 49,285
Federal Home Loan Bank and other restricted stock, at cost 25,082 23,035
Goodwill 373,424 373,424
Other intangible assets, net 4,059 5,378
Other assets 266,416 278,828
Total Assets 9,551,526 9,110,567
Deposits:    
Noninterest-bearing demand 2,221,942 2,588,692
Interest-bearing demand 825,787 846,653
Money market 1,941,842 1,731,521
Savings 950,546 1,118,511
Certificates of deposit 1,581,652 934,593
Total Deposits 7,521,769 7,219,970
Short-term borrowings 415,000 370,000
Long-term borrowings 39,277 14,741
Junior subordinated debt securities 49,358 54,453
Other liabilities 242,677 266,744
Total Liabilities 8,268,081 7,925,908
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at December 31, 2023 and December 31, 2022
Outstanding—38,232,806 shares at December 31, 2023 and 38,999,733 shares at December 31, 2022 103,623 103,623
Additional paid-in capital 409,034 406,283
Retained earnings 959,604 863,948
Accumulated other comprehensive loss (90,901) (112,125)
Treasury stock — 3,216,638 shares at December 31, 2023 and 2,449,711 shares at December 31, 2022, at cost (97,915) (77,070)
Total Shareholders’ Equity 1,283,445 1,184,659
Total Liabilities and Shareholders’ Equity $ 9,551,526 $ 9,110,567