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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks, including interest-bearing deposits of $277,670 and $124,491 at June 30, 2020 and December 31, 2019 $ 351,365 $ 197,823
Securities, at fair value 804,366 784,283
Loans held for sale 14,259 5,256
Portfolio loans, net of unearned income 7,548,558 7,137,152
Allowance for credit losses on loans 114,609 62,224
Portfolio loans, net 7,433,949 7,074,928
Bank owned life insurance 81,443 80,473
Premises and equipment, net 56,441 56,940
Federal Home Loan Bank and other restricted stock, at cost 15,151 22,977
Goodwill 373,289 371,621
Other intangible assets, net 9,743 10,919
Other assets 334,290 159,429
Total Assets 9,474,296 8,764,649
Deposits:    
Noninterest-bearing demand 2,250,958 1,698,082
Interest-bearing demand 1,055,261 962,331
Money market 2,121,588 1,949,811
Savings 916,268 830,919
Certificates of deposit 1,523,841 1,595,433
Total Deposits 7,867,916 7,036,576
Securities sold under repurchase agreements 92,159 19,888
Short-term borrowings 84,541 281,319
Long-term borrowings 49,489 50,868
Junior subordinated debt securities 64,053 64,277
Other liabilities 180,361 119,723
Total Liabilities 8,338,519 7,572,651
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at June 30, 2020 and December 31, 2019
Outstanding— 39,263,460 shares at June 30, 2020 and 39,560,304 shares at December 31, 2019 103,623 103,623
Additional paid-in capital 400,417 399,944
Retained earnings 692,240 761,083
Accumulated other comprehensive income (loss) 9,232 (11,670)
Treasury stock (2,185,984 shares at June 30, 2020 and 1,889,140 shares at December 31, 2019, at cost) (69,735) (60,982)
Total Shareholders’ Equity 1,135,777 1,191,998
Total Liabilities and Shareholders’ Equity $ 9,474,296 $ 8,764,649