v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 53,940 $ 53,497
Interest-earning deposits with banks 15,652 235,630
Cash and cash equivalents 69,592 289,127
Securities available-for-sale, at fair value 1,826,037 1,615,954
Restricted stock, at cost 45,811 42,187
Loans held-for-sale 0 365
Loans 5,404,667 5,387,676
Allowance for credit losses (67,955) (67,823)
Net loans 5,336,712 5,319,853
Other real estate owned, net 3,106 2,689
Premises and equipment, net 136,806 136,809
Accrued interest receivable 37,625 35,442
Intangible assets 38,063 41,747
Goodwill 36,253 34,149
Company-owned life insurance 214,606 213,200
Other assets 183,100 189,104
Total Assets 7,927,711 7,920,626
Liabilities    
Non-interest-bearing deposits 1,367,050 1,336,380
Interest-bearing deposits 4,965,215 5,067,561
Total deposits 6,332,265 6,403,941
Short-term borrowings 525,000 450,000
Subordinated debentures, net 71,510 70,222
Subordinated debentures owed to unconsolidated subsidiary trusts 17,331 17,268
Accrued interest and other liabilities 117,101 124,546
Total Liabilities 7,063,207 7,065,977
Commitments and contingent liabilities (see Note 10)
Shareholders’ Equity    
Preferred stock and related surplus, $1.00 par value per share; 2,000,000 shares authorized; 1,500 shares issued and outstanding at March 31, 2026; 1,500 shares issued and outstanding at December 31, 2025 10,413 10,413
Common Stock $0.50 par value; 40,000,000 shares authorized, 15,617,231 shares issued and 15,045,941 shares outstanding at March 31, 2026; 40,000,000 shares authorized, 15,599,814 shares issued and 15,028,524 shares outstanding at December 31, 2025 7,809 7,800
Common stock, additional paid-in capital 407,070 405,922
Retained earnings 535,798 517,058
Accumulated other comprehensive income (loss) (69,002) (58,960)
Treasury stock 571,290 shares, at cost, at March 31, 2026, and 571,290 shares, at cost, at December 31, 2025 (27,584) (27,584)
Total Shareholders’ Equity 864,504 854,649
Total Liabilities and Shareholders’ Equity $ 7,927,711 $ 7,920,626