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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 90,519 $ 91,409
Interest earning deposits 365,263 281,945
Federal funds sold 11,130 52,807
Total cash and cash equivalents 466,912 426,161
Securities AFS, at estimated fair value (amortized cost of $1,307,864 and $1,587,416, respectively) 1,292,431 1,533,894
Securities HTM (estimated fair value of $1,106,186 and $1,113,482, respectively) 1,263,401 1,279,234
FHLB stock, at cost 9,359 33,818
Equity investments 9,552 9,467
Loans held for sale 497 1,946
Loans:    
Loans 4,765,289 4,661,597
Less: Allowance for loan losses (45,294) (44,884)
Net loans 4,719,995 4,616,713
Premises and equipment, net 147,187 141,648
Operating lease ROU assets 12,734 13,860
Goodwill 201,116 201,116
Other intangible assets, net 1,161 1,754
Interest receivable 35,413 46,724
Deferred tax asset, net 30,573 34,492
Unsettled trades to sell securities 9,093 0
BOLI 139,697 138,313
Other assets 44,039 38,308
Total assets 8,383,160 8,517,448
Deposits:    
Noninterest bearing 1,411,764 1,357,152
Interest bearing 5,549,823 5,297,096
Total deposits 6,961,587 6,654,248
Other borrowings 99,374 76,443
FHLB borrowings 101,332 731,909
Subordinated notes, net of unamortized debt issuance costs [1] 239,601 92,042
Trust preferred subordinated debentures, net of unamortized debt issuance costs 60,278 60,274
Operating lease liabilities 14,670 15,779
Other liabilities 71,468 74,811
Total liabilities 7,548,310 7,705,506
Off-balance-sheet arrangements, commitments and contingencies (Note 12)
Shareholders’ equity:    
Common stock:  ($1.25 par value, 80,000,000 shares authorized, 38,103,037 shares issued at September 30, 2025 and 38,077,992 shares issued at December 31, 2024) 47,629 47,598
Paid-in capital 795,346 793,586
Retained earnings 342,023 326,793
Treasury stock: (shares at cost, 8,037,536 at September 30, 2025 and 7,699,182 at December 31, 2024) (242,044) (231,137)
AOCI (108,104) (124,898)
Total shareholders’ equity 834,850 811,942
Total liabilities and shareholders’ equity $ 8,383,160 $ 8,517,448
[1] This debt consists of subordinated notes with a remaining maturity greater than one year that qualify under the risk-based capital guidelines as Tier 2 capital, subject to certain limitations.