XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks, including interest-bearing deposits of $139,618 and $160,802 at September 30, 2024 and December 31, 2023 $ 228,090 $ 233,612
Securities available for sale, at fair value 1,011,312 970,391
Loans held for sale 307 153
Portfolio loans, net of unearned income 7,689,054 7,653,341
Allowance for credit losses (104,321) (107,966)
Portfolio loans, net 7,584,733 7,545,375
Bank owned life insurance 84,690 84,008
Premises and equipment, net 45,917 49,006
Federal Home Loan Bank and other restricted stock, at cost 11,484 25,082
Goodwill 373,424 373,424
Other intangible assets, net 3,173 4,059
Other assets 240,817 266,416
Total Assets 9,583,947 9,551,526
Deposits:    
Noninterest-bearing demand 2,157,537 2,221,942
Interest-bearing demand 773,224 825,787
Money market 2,074,095 1,941,842
Savings 879,653 950,546
Certificates of deposit 1,770,332 1,581,652
Total Deposits 7,654,841 7,521,769
Short-term borrowings 225,000 415,000
Long-term borrowings 64,015 39,277
Junior subordinated debt securities 49,403 49,358
Other liabilities 214,934 242,677
Total Liabilities 8,208,193 8,268,081
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—$50,000,000 shares
Issued—41,449,444 shares at September 30, 2024 and December 31, 2023
Outstanding—38,259,730 shares at September 30, 2024 and 38232806 shares at December 31, 2023 103,623 103,623
Additional paid-in capital 410,752 409,034
Retained earnings 1,019,033 959,604
Accumulated other comprehensive loss (60,508) (90,901)
Treasury stock — 3,189,714 shares at September 30, 2024 and 3216638 shares at December 31, 2023, at cost (97,146) (97,915)
Total Shareholders’ Equity 1,375,754 1,283,445
Total Liabilities and Shareholders’ Equity $ 9,583,947 $ 9,551,526