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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks, including interest-bearing deposits of $175,606 and $160,802 at December 31, 2024 and December 31, 2023 $ 244,820 $ 233,612
Securities available for sale, at fair value 987,591 970,391
Loans held for sale 0 153
Portfolio loans, net of unearned income 7,742,958 7,653,341
Allowance for credit losses (101,494) (107,966)
Portfolio loans, net 7,641,464 7,545,375
Bank owned life insurance 85,012 84,008
Premises and equipment, net 45,033 49,006
Federal Home Loan Bank and other restricted stock, at cost 15,231 25,082
Goodwill 373,424 373,424
Other intangible assets, net 3,055 4,059
Other assets 262,342 266,416
Total Assets 9,657,972 9,551,526
Deposits:    
Noninterest-bearing demand 2,185,242 2,221,942
Interest-bearing demand 812,768 825,787
Money market 2,040,285 1,941,842
Savings 877,859 950,546
Certificates of deposit 1,866,963 1,581,652
Total Deposits 7,783,117 7,521,769
Short-term borrowings 150,000 415,000
Long-term borrowings 50,896 39,277
Junior subordinated debt securities 49,418 49,358
Other liabilities 244,247 242,677
Total Liabilities 8,277,678 8,268,081
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—$50,000,000 shares
Issued—41,449,444 shares at December 31, 2024 and December 31, 2023
Outstanding—38,259,449 shares at December 31, 2024 and 38232806 shares at December 31, 2023 103,623 103,623
Additional paid-in capital 411,785 409,034
Retained earnings 1,039,035 959,604
Accumulated other comprehensive loss (76,992) (90,901)
Treasury stock — 3,189,995 shares at December 31, 2024 and 3216638 shares at December 31, 2023, at cost (97,157) (97,915)
Total Shareholders’ Equity 1,380,294 1,283,445
Total Liabilities and Shareholders’ Equity $ 9,657,972 $ 9,551,526