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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Cash and cash equivalents:    
Cash and balances due from banks $ 139,244 $ 111,680
Interest-bearing deposits in other banks 144,463 315,042
Total cash and cash equivalents 283,707 426,722
Available-for-sale investment securities, at fair value (amortized cost of $$1,189,792 at September 30, 2024 and $$1,184,288 at December 31, 2023) [1] 1,080,667 1,048,322
Held-to-maturity investment securities, at amortized cost (fair value of $$636,529 at September 30, 2024 and $$612,022 at December 31, 2023) [1] 693,637 683,657
Other investment securities 55,691 63,421
Total investment securities [1] 1,829,995 1,795,400
Loans and leases, net of deferred fees and costs [2] 6,271,839 6,159,196
Allowance for credit losses (66,639) (62,011)
Net loans and leases [3] 6,205,200 6,097,185
Loans held for sale 3,246 1,866
Bank premises and equipment, net of accumulated depreciation 105,202 103,856
Bank owned life insurance 143,065 140,554
Goodwill 362,414 362,169
Other intangible assets 41,508 50,003
Other assets 166,134 179,627
Total assets 9,140,471 9,157,382
Deposits:    
Non-interest-bearing 1,453,441 1,567,649
Interest-bearing 6,029,716 5,584,648
Total deposits 7,483,157 7,152,297
Short-term borrowings 175,945 601,121
Long-term borrowings 236,824 216,241
Accrued expenses and other liabilities 119,573 134,189
Total liabilities 8,015,499 8,103,848
Stockholders’ equity    
Preferred shares, no par value, $50,000 shares authorized, no shares issued at September 30, 2024 or at December 31, 2023 0 0
Common shares, no par value, $50,000,000 shares authorized, $36,772,459 shares issued at September 30, 2024 and $36,736,041 shares issued at December 31, 2023, including at each date shares held in treasury 865,326 865,227
Retained earnings 375,396 327,237
Accumulated other comprehensive loss, net of deferred income taxes (82,496) (101,590)
Treasury stock, at cost, $1,323,075 shares at September 30, 2024 and $1,511,348 shares at December 31, 2023 (33,254) (37,340)
Total stockholders’ equity 1,124,972 1,053,534
Total liabilities and stockholders’ equity $ 9,140,471 $ 9,157,382
[1]     Available-for-sale investment securities and held-to-maturity investment securities are presented net of allowance for credit losses of $0 and $236, respectively, at September 30, 2024, and $0 and $238, respectively, at December 31, 2023.
[2] Also referred to throughout this Quarterly Report on Form 10-Q as "total loans" and "loans held for investment."
[3] Also referred to throughout this Quarterly Report on Form 10-Q as "net loans."