v3.25.2
Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Cash and due from banks $ 147,917 $ 122,363
Money market instruments 45,202 38,203
Cash and cash equivalents 193,119 160,566
Marketable Securities [Abstract]    
Debt Securities, Available-for-sale, Current 954,510 996,624
Other Investments and Securities, at Cost 108,016 104,237
Total investment securities 1,062,526 1,100,861
Loan balance 7,963,221 7,817,128
Financing Receivable, Allowance for Credit Loss (89,785) (87,966)
Net loans 7,873,436 7,729,162
Bank owned life insurance 240,370 236,872
Prepaid assets 193,999 190,119
Goodwill 159,595 159,595
Other intangible assets 2,890 3,437
Premises and equipment, net 64,205 69,522
Affordable housing tax credit investments 72,526 66,077
Other real estate owned 638 938
Interest Receivable 36,105 36,280
Operating Lease, Right-of-Use Asset 16,146 15,745
Servicing Asset 13,729 13,918
Other 20,294 22,258
Total assets 9,949,578 9,805,350
Liabilities and Shareholders' Equity:    
Noninterest bearing 2,620,106 2,612,708
Interest bearing 5,617,660 5,530,818
Total deposits 8,237,766 8,143,526
Short-term borrowings 95,670 90,432
Subordinated debentures and notes 189,912 189,651
Unfunded commitments in affordable housing tax credit investments 33,281 29,677
Operating Lease, Liability 17,519 16,505
Off-Balance Sheet, Credit Loss, Liability 5,064 5,865
Accrued interest payable 7,885 7,859
Other 68,001 77,987
Total liabilities 8,655,098 8,561,502
Shareholders' equity:    
Preferred shares (No par value; 200,000 shares authorized; No shares issued) 0 0
Common shares (No par value; 40,000,000 shares authorized at June 30, 2025 and 20,000,000 shares at December 31, 2024; 17,623,104 common shares issued at June 30, 2025 and at December 31, 2024) 461,266 463,706
Retained earnings 1,032,793 977,599
Treasury shares (1,551,757 common shares at June 30, 2025 and 1,464,122 common shares at December 31, 2024) (168,072) (151,282)
Accumulated other comprehensive loss, net of taxes (31,507) (46,175)
Total shareholders' equity 1,294,480 1,243,848
Total liabilities and shareholders' equity $ 9,949,578 $ 9,805,350