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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and Due from Banks $ 55,491 $ 57,972
Federal Funds Sold and Other Short-term Investments 314,592 287,776
Cash and Cash Equivalents 370,083 345,748
Interest-bearing Time Deposits with Banks 993 1,241
Securities Available-for-Sale, at Fair Value (Amortized Cost $1,551,044 for June 30, 2021; Amortized Cost $1,172,175 for December 31, 2020; No Allowance for Credit Losses) 1,585,348 1,217,852
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 17,459 16,904
Loans 3,074,523 3,091,998
Less: Unearned Income (3,833) (3,926)
Allowance for Credit Losses (39,995) (46,859)
Loans, Net 3,030,695 3,041,213
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 13,048 13,168
Premises, Furniture and Equipment, Net 90,113 96,593
Other Real Estate 925 325
Goodwill 121,956 121,956
Intangible Assets 7,349 8,984
Company Owned Life Insurance 69,851 69,250
Accrued Interest Receivable and Other Assets 40,396 43,990
TOTAL ASSETS 5,348,569 4,977,577
LIABILITIES    
Non-interest-bearing Demand Deposits 1,350,399 1,183,442
Interest-bearing Demand, Savings, and Money Market Accounts 2,688,611 2,428,636
Time Deposits 410,735 494,452
Total Deposits 4,449,745 4,106,530
FHLB Advances and Other Borrowings 205,506 194,529
Accrued Interest Payable and Other Liabilities 44,321 51,809
TOTAL LIABILITIES 4,699,572 4,352,868
SHAREHOLDERS’ EQUITY    
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized 26,546 26,502
Additional Paid-in Capital 275,309 274,385
Retained Earnings 320,717 288,447
Accumulated Other Comprehensive Income 26,425 35,375
TOTAL SHAREHOLDERS’ EQUITY 648,997 624,709
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 5,348,569 $ 4,977,577
End of period shares issued (in shares) 26,545,704 26,502,157
End of period shares outstanding (in shares) 26,545,704 26,502,157