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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks, including interest-bearing deposits of $172,549 and $160,802 at June 30, 2024 and December 31, 2023 $ 246,310 $ 233,612
Securities available for sale, at fair value 977,958 970,391
Loans held for sale 188 153
Portfolio loans, net of unearned income 7,713,570 7,653,341
Allowance for credit losses (106,150) (107,966)
Portfolio loans, net 7,607,420 7,545,375
Bank owned life insurance 84,187 84,008
Premises and equipment, net 46,959 49,006
Federal Home Loan Bank and other restricted stock, at cost 12,056 25,082
Goodwill 373,424 373,424
Other assets 286,960 270,475
Total Assets 9,635,462 9,551,526
Deposits:    
Noninterest-bearing demand 2,206,589 2,221,942
Interest-bearing demand 789,317 825,787
Money market 2,008,486 1,941,842
Savings 906,794 950,546
Certificates of deposit 1,769,150 1,581,652
Total Deposits 7,680,336 7,521,769
Short-term borrowings 275,000 415,000
Long-term borrowings 39,034 39,277
Junior subordinated debt securities 49,388 49,358
Other liabilities 270,261 242,677
Total Liabilities 8,314,019 8,268,081
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—$50,000,000 shares
Issued—41,449,444 shares at June 30, 2024 and December 31, 2023
Outstanding—38,256,204 shares at June 30, 2024 and 38232806 shares at December 31, 2023 103,623 103,623
Additional paid-in capital 409,874 409,034
Retained earnings 999,115 959,604
Accumulated other comprehensive loss (93,934) (90,901)
Treasury stock — 3,193,240 shares at June 30, 2024 and 3216638 shares at December 31, 2023, at cost (97,235) (97,915)
Total Shareholders’ Equity 1,321,443 1,283,445
Total Liabilities and Shareholders’ Equity $ 9,635,462 $ 9,551,526