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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 223,291,000 $ 229,770,000
Interest-earning deposits with banks 505,687,000 542,132,000
Securities    
Trading 5,525,000 4,720,000
Equity 21,518,000 21,581,000
Debt Securities, Available-for-Sale, Excluding Accrued Interest 2,088,365,000 2,004,247,000
Held to maturity (fair value $1,166,302 and $1,190,733) 1,256,566,000 1,279,027,000
Total securities 3,371,974,000 3,309,575,000
Loans held for sale (at fair value) 16,758,000 35,909,000
Loans    
Total loans [1],[2] 18,425,478,000 18,503,777,000
Less: allowance for credit losses (190,560,000) [3] (189,877,000)
Net loans 18,234,918,000 18,313,900,000
Federal Home Loan Bank stock 17,752,000 21,835,000
Bank premises and equipment, net 217,695,000 218,190,000
Goodwill 1,090,610,000 1,090,610,000
Other intangible assets 126,687,000 133,576,000
Cash surrender value of life insurance policies 380,423,000 378,576,000
Other assets 597,785,000 638,823,000
Total assets 24,783,580,000 24,912,896,000
Deposits    
Non-interest-bearing demand deposits 5,633,079,000 5,600,955,000
Savings and interest checking accounts 6,310,870,000 6,482,970,000
Money market 4,898,267,000 4,774,645,000
Time certificates of deposit 3,255,294,000 3,268,220,000
Total deposits 20,097,510,000 20,126,790,000
Borrowings    
Federal Home Loan Bank and other borrowings 316,734,000 416,549,000
Long-Term Line of Credit 99,969,000 49,953,000
Junior Subordinated Notes 62,863,000 62,862,000
Subordinated Debt 296,690,000 296,483,000
Total borrowings 776,256,000 825,847,000
Other liabilities 367,773,000 394,531,000
Total liabilities 21,241,539,000 21,347,168,000
Commitments and contingencies 0 0
Stockholders' equity    
Preferred stock, $0.01 par value, authorized: 1,000,000 shares, outstanding: none 0 0
Common stock, $0.01 par value, authorized: 75,000,000 shares, issued and outstanding: 48,572,237 shares at March 31, 2026 and 49,243,813 shares at December 31, 2025 (includes 297,143 and 254,359 shares of unvested participating restricted stock awards, respectively) 483,000 490,000
Value of shares held in rabbi trust at cost: 77,307 shares at March 31, 2026 and 75,247 shares at December 31, 2025 (3,622,000) (3,452,000)
Deferred compensation and other retirement benefit obligations 3,622,000 3,452,000
Additional paid in capital 2,272,910,000 2,335,879,000
Retained earnings 1,317,946,000 1,269,113,000
Accumulated other comprehensive loss, net of tax (49,298,000) (39,754,000)
Total stockholders’ equity 3,542,041,000 3,565,728,000
Total liabilities and stockholders’ equity 24,783,580,000 24,912,896,000
Commercial And Industrial [Member]    
Loans    
Total loans [1],[2],[4] 4,651,453,000 4,611,789,000
Less: allowance for credit losses (49,282,000) [3] (47,976,000)
Commercial Real Estate [Member]    
Loans    
Total loans [1],[2],[4] 8,181,340,000 8,275,408,000
Less: allowance for credit losses (82,992,000) [3] (84,916,000)
Construction Loans [Member]    
Loans    
Total loans [1],[2] 1,403,613,000 1,399,193,000
Less: allowance for credit losses (14,212,000) [3] (14,254,000)
Residential Real Estate [Member]    
Loans    
Total loans [1],[2] 2,842,144,000 2,873,443,000
Less: allowance for credit losses (29,900,000) [3] (29,254,000)
Home Equity Loan [Member]    
Loans    
Total loans [1],[2] 1,307,746,000 1,297,662,000
Less: allowance for credit losses (13,268,000) [3] (12,376,000)
Consumer Portfolio Segment [Member]    
Loans    
Total loans [2],[5] 39,182,000 46,282,000
Less: allowance for credit losses $ (906,000) [3] $ (1,101,000)
[1]
(2)Loan origination dates in the tables above reflect the original origination date, or the date of a material modification of a previously originated loan.
[2] The amount of net deferred fees/costs on originated loans included in the ending balance was $7.9 million and $7.7 million at March 31, 2026 and December 31, 2025, respectively. Net unamortized discounts on acquired loans included in the ending balance were $147.8 million and $157.0 million at March 31, 2026 and December 31, 2025, respectively.
[3] Balances of accrued interest receivable excluded from amortized cost and the calculation of allowance for credit losses amounted to $69.1 million and $53.7 million as of March 31, 2026 and March 31, 2025, respectively.
[4]
[5] Other consumer portfolio is inclusive of deposit account overdrafts recorded as loan balances. (2)The amount of net deferred fees/costs on originated loans included in the ending balance was $7.9 million and $7.7 million at March 31, 2026 and December 31, 2025, respectively. Net unamortized discounts on acquired loans included in the ending balance were $147.8 million and $157.0 million at March 31, 2026 and December 31, 2025, respectively.