XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 139,974 $ 130,466
Securities available for sale, at fair value (amortized cost of $1,103,851 and $1,127,057, respectively) 945,442 954,371
Securities held to maturity, at amortized cost (net of allowance for credit losses of $5 as of each period) (fair value of $167,812 and $174,188, respectively) 180,052 188,975
Loans held for sale 682 550
Loans (net of allowance for credit losses of $47,528 and $45,413, respectively) 4,195,804 4,005,036
Company owned life insurance 140,488 139,482
Premises and equipment, net 41,609 41,986
Goodwill and other intangible assets, net 73,180 73,414
Other assets 249,761 262,992
Total assets 5,966,992 5,797,272
Deposits:    
Noninterest-bearing demand 1,067,011 1,139,214
Interest-bearing demand 901,251 863,822
Savings and money market 1,701,663 1,643,516
Time deposits 1,471,382 1,282,872
Total deposits 5,141,307 4,929,424
Short-term borrowings 116,000 205,000
Long-term borrowings, net of issuance costs of $701 and $778, respectively 124,299 74,222
Other liabilities 162,563 183,021
Total liabilities 5,544,169 5,391,667
Shareholders’ equity:    
Total preferred equity 17,292 17,292
Common stock, $0.01 par value; 50,000,000 shares authorized; 16,099,556 shares issued 161 161
Additional paid-in capital 125,476 126,636
Retained earnings 428,453 421,340
Accumulated other comprehensive loss (127,372) (137,487)
Treasury stock, at cost - 724,077 and 759,555 shares, respectively (21,187) (22,337)
Total shareholders’ equity 422,823 405,605
Total liabilities and shareholders’ equity 5,966,992 5,797,272
Series A 3% Preferred Stock [Member]    
Shareholders’ equity:    
Total preferred equity 143 143
Series B-1 8.48% Preferred Stock [Member]    
Shareholders’ equity:    
Total preferred equity $ 17,149 $ 17,149