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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and balances due from banks $ 114,073 $ 74,354
Interest-bearing deposits in other banks 291,606 341,373
Total cash and cash equivalents 405,679 415,727
Available-for-sale investment securities, at fair value (amortized cost of $1,381,259 at March 31, 2022 and $1,283,146 at December 31, 2021) [1] 1,301,839 1,275,493
Held-to-maturity investment securities, at amortized cost (fair value of $347,978 at March 31, 2022 and $369,955 at December 31, 2021) [1] 384,656 374,129
Other investment securities 41,840 33,987
Total investment securities [1] 1,728,335 1,683,609
Loans and leases, net of deferred fees and costs [2] 4,547,153 4,481,600
Allowance for credit losses (54,768) (63,967)
Net loans and leases [3] 4,492,385 4,417,633
Loans held for sale 1,460 3,791
Bank premises and equipment, net of accumulated depreciation 89,886 89,260
Bank owned life insurance 73,789 73,358
Goodwill 303,651 264,193
Other intangible assets 38,214 26,816
Other assets 105,862 89,134
Total assets 7,239,261 7,063,521
Liabilities    
Non-interest-bearing 1,666,668 1,641,422
Interest-bearing 4,336,258 4,221,130
Deposits 6,002,926 5,862,552
Short-term borrowings 144,275 166,482
Long-term borrowings 201,610 99,475
Accrued expenses and other liabilities 82,110 89,987
Total liabilities 6,430,921 6,218,496
Stockholders’ equity    
Preferred shares, no par value, 50,000 shares authorized, no shares issued at March 31, 2022 and at December 31, 2021 0 0
Common stock, no par value, 50,000,000 shares authorized, 29,824,684 shares issued at March 31, 2022 and 29,814,401 shares issued at December 31, 2021, including at each date shares held in treasury 684,243 686,282
Retained earnings 220,477 207,076
Accumulated other comprehensive loss, net of deferred income taxes (62,667) (11,619)
Treasury stock, at cost, 1,434,441 shares at March 31, 2022 and 1,577,359 shares at December 31, 2021 (33,713) (36,714)
Total stockholders’ equity 808,340 845,025
Total liabilities and stockholders’ equity $ 7,239,261 $ 7,063,521
[1]     Available-for-sale investment securities and held-to-maturity investment securities are presented net of allowance for credit losses of $0 and $286, respectively, at March 31, 2022 and $0 and $286, respectively, at December 31, 2021.
[2] Also referred to throughout this document as "total loans" and "loans held for investment."
[3] Also referred to throughout this documents as "net loans"