v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks, including interest-bearing deposits of $125,457 and $175,606 at March 31, 2025 and December 31, 2024 $ 211,836 $ 244,820
Securities available for sale, at fair value 1,011,111 987,591
Portfolio loans, net of unearned income 7,836,349 7,742,958
Allowance for credit losses (99,010) (101,494)
Portfolio loans, net 7,737,339 7,641,464
Bank owned life insurance 85,267 85,012
Premises and equipment, net 45,319 45,033
Federal Home Loan Bank and other restricted stock, at cost 13,445 15,231
Goodwill 373,424 373,424
Other intangible assets, net 2,813 3,055
Other assets 237,722 262,342
Total Assets 9,718,276 9,657,972
Deposits:    
Noninterest-bearing demand 2,164,491 2,185,242
Interest-bearing demand 809,722 812,768
Money market 2,210,081 2,040,285
Savings 886,007 877,859
Certificates of deposit 1,822,632 1,866,963
Total Deposits 7,892,933 7,783,117
Short-term borrowings 95,000 150,000
Long-term borrowings 50,876 50,896
Junior subordinated debt securities 49,433 49,418
Other liabilities 212,000 244,247
Total Liabilities 8,300,242 8,277,678
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—$50,000,000 shares
Issued—41,449,444 shares at March 31, 2025 and December 31, 2024
Outstanding—38,261,299 shares at March 31, 2025 and 38259449 shares at December 31, 2024 103,623 103,623
Additional paid-in capital 412,787 411,785
Retained earnings 1,059,367 1,039,035
Accumulated other comprehensive loss (60,635) (76,992)
Treasury stock — 3,188,145 shares at March 31, 2025 and 3189995 shares at December 31, 2024, at cost (97,108) (97,157)
Total Shareholders’ Equity 1,418,034 1,380,294
Total Liabilities and Shareholders’ Equity $ 9,718,276 $ 9,657,972