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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks, including interest-bearing deposits of $143,927 and $160,802 at March 31, 2024 and December 31, 2023 $ 207,462 $ 233,612
Securities available for sale, at fair value 970,728 970,391
Loans held for sale 0 153
Portfolio loans, net of unearned income 7,656,034 7,653,341
Allowance for credit losses (104,802) (107,966)
Portfolio loans, net 7,551,232 7,545,375
Bank owned life insurance 83,900 84,008
Premises and equipment, net 47,956 49,006
Federal Home Loan Bank and other restricted stock, at cost 13,703 25,082
Goodwill 373,424 373,424
Other assets 290,698 270,475
Total Assets 9,539,103 9,551,526
Deposits:    
Noninterest-bearing demand 2,188,927 2,221,942
Interest-bearing demand 848,729 825,787
Money market 1,882,157 1,941,842
Savings 936,056 950,546
Certificates of deposit 1,744,478 1,581,652
Total Deposits 7,600,347 7,521,769
Short-term borrowings 285,000 415,000
Long-term borrowings 39,156 39,277
Junior subordinated debt securities 49,373 49,358
Other liabilities 270,153 242,677
Total Liabilities 8,244,029 8,268,081
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at March 31, 2024 and December 31, 2023
Outstanding—38,233,280 shares at March 31, 2024 and 38232806 shares at December 31, 2023 103,623 103,623
Additional paid-in capital 409,857 409,034
Retained earnings 977,195 959,604
Accumulated other comprehensive loss (97,697) (90,901)
Treasury stock — 3,216,164 shares at March 31, 2024 and 3216638 shares at December 31, 2023, at cost (97,904) (97,915)
Total Shareholders’ Equity 1,295,074 1,283,445
Total Liabilities and Shareholders’ Equity $ 9,539,103 $ 9,551,526