v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Cash and cash equivalents:    
Cash and balances due from banks $ 92,955 $ 107,864
Interest-bearing deposits in other banks 207,820 81,087
Total cash and cash equivalents 300,775 188,951
Available-for-sale investment securities, at fair value (amortized cost of $934,740 at September 30, 2026 and $1,076,980 at December 31, 2025) [1] 805,119 984,367
Held-to-maturity investment securities, at amortized cost (fair value of $766,426 at September 30, 2026 and $867,714 at December 31, 2025) [1] 878,076 922,837
Other investments 81,529 68,656
Total investment securities [1] 1,764,724 1,975,860
Loans and leases, net of deferred fees and costs [2] 6,840,809 6,756,907
Allowance for credit losses (75,727) (75,676)
Net loans and leases [3] 6,765,082 6,681,231
Loans held for sale 3,251 2,667
Bank premises and equipment, net of accumulated depreciation 96,721 100,508
Bank owned life insurance 151,820 148,264
Goodwill 363,199 363,199
Other intangible assets 25,106 30,120
Other assets 181,417 158,830
Total assets 9,652,095 9,649,630
Deposits:    
Non-interest-bearing 1,560,184 1,545,428
Interest-bearing 5,881,910 6,159,155
Total deposits 7,442,094 7,704,583
Short-term borrowings 704,120 435,926
Long-term borrowings 155,054 204,138
Accrued expenses and other liabilities 122,924 98,381
Total liabilities 8,424,192 8,443,028
Stockholders’ equity    
Preferred shares, no par value, $50,000 shares authorized, no shares issued at September 30, 2026 or at December 31, 2025 0 0
Common shares, no par value, $50,000,000 shares authorized, $36,868,595 shares issued at September 30, 2026 and $36,836,943 shares issued at December 31, 2025, including at each date shares held in treasury 871,896 871,571
Retained earnings 481,443 436,748
Accumulated other comprehensive loss, net of deferred income taxes (99,385) (70,628)
Treasury stock, at cost, $996,472 shares at September 30, 2026 and $1,215,120 shares at December 31, 2025 (26,051) (31,089)
Total stockholders’ equity 1,227,903 1,206,602
Total liabilities and stockholders’ equity $ 9,652,095 $ 9,649,630
[1]     Available-for-sale investment securities and held-to-maturity investment securities are presented net of allowance for credit losses of $0 and $233, respectively, at September 30, 2026, and $0 and $236, respectively, at December 31, 2025.
[2] Also referred to throughout this Quarterly Report on Form 10-Q as "total loans" or "loans held for investment."
[3] Also referred to throughout this Quarterly Report on Form 10-Q as "net loans."