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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks, including interest-bearing deposits of $235,953 and $124,491 at September 30, 2020 and December 31, 2019 $ 308,489 $ 197,823
Securities, at fair value 718,169 784,283
Loans held for sale 16,724 5,256
Portfolio loans, net of unearned income 7,394,868 7,137,152
Allowance for credit losses on loans (120,998) (62,224)
Portfolio loans, net 7,273,870 7,074,928
Bank owned life insurance 81,873 80,473
Premises and equipment, net 56,254 56,940
Federal Home Loan Bank and other restricted stock, at cost 15,777 22,977
Goodwill 373,417 371,621
Other intangible assets, net 9,265 10,919
Other assets 336,734 159,429
Total Assets 9,190,572 8,764,649
Deposits:    
Noninterest-bearing demand 2,232,706 1,698,082
Interest-bearing demand 982,956 962,331
Money market 2,033,585 1,949,811
Savings 938,475 830,919
Certificates of deposit 1,446,096 1,595,433
Total Deposits 7,633,818 7,036,576
Securities sold under repurchase agreements   19,888
Short-term borrowings   281,319
Long-term borrowings   50,868
Junior subordinated debt securities   64,277
Other liabilities 175,789 119,723
Total Liabilities 8,048,457 7,572,651
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at September 30, 2020 and December 31, 2019
Outstanding— 39,251,638 shares at September 30, 2020 and 39,560,304 shares at December 31, 2019 103,623 103,623
Additional paid-in capital 400,789 399,944
Retained earnings 698,351 761,083
Accumulated other comprehensive income (loss) 9,453 (11,670)
Treasury stock (2,197,806 shares at September 30, 2020 and 1,889,140 shares at December 31, 2019, at cost) (70,101) (60,982)
Total Shareholders’ Equity 1,142,115 1,191,998
Total Liabilities and Shareholders’ Equity $ 9,190,572 $ 8,764,649