v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and Due from Banks $ 79,646 $ 71,428
Federal Funds Sold and Other Short-term Investments 14,512 46,954
Cash and Cash Equivalents 94,158 118,382
Interest-bearing Time Deposits with Banks 500 500
Securities Available-for-Sale, at Fair Value (Amortized Cost $1,892,688 for June 30, 2026; Amortized Cost $1,865,732 for December 31, 2025; No Allowance for Credit Losses) 1,684,036 1,657,394
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 5,839 7,817
Loans 5,941,410 5,884,448
Less: Unearned Income (9,175) (9,351)
Allowance for Credit Losses (79,374) (77,694)
Loans, Net 5,852,861 5,797,403
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 17,415 17,688
Premises, Furniture and Equipment, Net 137,599 139,001
Other Real Estate 0 68
Goodwill 375,470 375,470
Intangible Assets 28,894 33,790
Company Owned Life Insurance 110,865 109,585
Accrued Interest Receivable and Other Assets 132,008 131,329
TOTAL ASSETS 8,439,998 8,388,780
LIABILITIES    
Non-interest-bearing Demand Deposits 1,967,770 1,944,831
Interest-bearing Demand, Savings, and Money Market Accounts 3,676,343 3,755,374
Time Deposits 1,351,650 1,289,537
Total Deposits 6,995,763 6,989,742
FHLB Advances and Other Borrowings 169,037 182,683
Accrued Interest Payable and Other Liabilities 63,638 54,030
TOTAL LIABILITIES 7,228,438 7,226,455
SHAREHOLDERS’ EQUITY    
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized 37,577 37,496
Additional Paid-in Capital 708,055 706,818
Retained Earnings 631,097 582,945
Accumulated Other Comprehensive Income (Loss) (165,169) (164,934)
TOTAL SHAREHOLDERS’ EQUITY 1,211,560 1,162,325
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 8,439,998 $ 8,388,780
End of period shares issued (in shares) 37,576,750 37,495,679
End of period shares outstanding (in shares) 37,576,750 37,495,679