v3.25.1
Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 216,698 $ 205,083
Short-term interest-bearing accounts 37,385 78,973
Equity securities, at fair value 41,561 42,372
Securities available for sale, at fair value 1,704,677 1,574,664
Securities held to maturity (fair value $756,404 and $749,945, respectively) 836,833 842,921
Federal Reserve and Federal Home Loan Bank stock 32,117 33,957
Loans held for sale 13,628 9,744
Loans 9,980,267 9,969,910
Less allowance for loan losses 117,000 116,000
Net loans 9,863,267 9,853,910
Premises and equipment, net 81,598 80,840
Goodwill 362,663 362,663
Intangible assets, net 34,249 36,360
Bank owned life insurance 271,723 272,657
Other assets 367,852 392,522
Total assets 13,864,251 13,786,666
Liabilities    
Demand (noninterest bearing) 3,399,393 3,446,068
Savings, NOW and money market 6,858,372 6,658,188
Time 1,450,746 1,442,505
Total deposits 11,708,511 11,546,761
Short-term borrowings 85,597 162,942
Long-term debt 4,605 29,644
Subordinated debt, net 121,579 121,201
Junior subordinated debt 101,196 101,196
Other liabilities 276,988 298,781
Total liabilities 12,298,476 12,260,525
Stockholders' equity    
Preferred stock, $0.01 par value, 2,500,000 shares authorized 0 0
Common stock, $0.01 par value, 100,000,000 shares authorized; 53,974,492 shares issued 540 540
Additional paid-in-capital 740,865 742,810
Retained earnings 1,120,887 1,100,209
Accumulated other comprehensive loss (121,813) (142,098)
Common stock in treasury, at cost, 6,719,086 and 6,779,975 shares, respectively (174,704) (175,320)
Total stockholders' equity 1,565,775 1,526,141
Total liabilities and stockholders' equity $ 13,864,251 $ 13,786,666