v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 135,816 $ 152,111
Interest-bearing deposits in depository institutions 163,201 39,808
Cash and Cash Equivalents 299,017 191,919
Investment securities available for sale, at fair value (amortized cost $1,546,565 and $1,602,721, net of allowance for credit losses of $0 at March 31, 2026 and December 31, 2025, respectively) 1,441,098 1,503,358
Other securities 29,462 29,474
Total Investment Securities 1,470,560 1,532,832
Gross loans 4,495,698 4,507,005
Allowance for credit losses (19,713) (19,862)
Net Loans 4,475,985 4,487,143
Bank owned life insurance 124,976 124,370
Premises and equipment, net 68,740 69,133
Accrued interest receivable 21,645 20,718
Deferred tax assets, net 31,652 30,005
Goodwill and other intangible assets, net 157,383 157,871
Other assets 110,311 108,027
Total Assets 6,760,269 6,722,018
Deposits:    
Noninterest-bearing 1,410,861 1,413,621
Interest-bearing:    
Demand deposits 1,345,723 1,339,435
Savings deposits 1,276,884 1,244,571
Time deposits 1,310,136 1,303,361
Total Deposits 5,343,604 5,300,988
Customer repurchase agreements 374,825 367,674
FHLB long-term advances 150,000 150,000
Other liabilities 97,450 93,676
Total Liabilities 5,965,879 5,912,338
Commitments and contingencies - see Note I
Shareholders’ Equity    
Preferred stock, par value $25 per share: 500,000 shares authorized; none issued 0 0
Common stock, par value $2.50 per share: 50,000,000 shares authorized; 19,047,548 shares issued at March 31, 2026 and December 31, 2025, less 4,936,082 and 4,693,613 shares in treasury, respectively 47,619 47,619
Capital surplus 173,130 174,598
Retained earnings 954,407 935,046
Treasury Stock (299,503) (270,967)
Accumulated other comprehensive loss:    
Unrealized loss on securities available-for-sale (80,388) (75,741)
Underfunded pension liability (875) (875)
Total Accumulated Other Comprehensive Loss (81,263) (76,616)
Total Shareholders’ Equity 794,390 809,680
Total Liabilities and Shareholders’ Equity $ 6,760,269 $ 6,722,018