XML 15 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 54,420 $ 74,186
Federal funds sold and interest bearing deposits with other banks 470,767 168,861
Investment securities available-for-sale 1,863,041 1,197,467
Other investments 27,189 27,429
Mortgages held for sale 13,284 12,885
Loans and leases, net of unearned discount:    
Total loans and leases 5,346,214 5,489,301
Allowance for loan and lease losses (127,492) (140,654)
Net loans and leases 5,218,722 5,348,647
Equipment owned under operating leases, net 48,433 65,040
Net premises and equipment 47,038 49,373
Goodwill and intangible assets 83,926 83,948
Accrued income and other assets 269,469 288,575
Total assets 8,096,289 7,316,411
Deposits:    
Noninterest-bearing demand 2,052,981 1,636,684
Interest-bearing demand 2,455,580 2,059,139
Savings 1,286,367 1,082,848
Time 884,137 1,167,357
Total interest-bearing deposits 4,626,084 4,309,344
Total deposits 6,679,065 5,946,028
Short-term borrowings:    
Federal funds purchased and securities sold under agreements to repurchase 194,727 143,564
Other short-term borrowings 5,300 7,077
Total short-term borrowings 200,027 150,641
Long-term debt and mandatorily redeemable securities 71,251 81,864
Subordinated notes 58,764 58,764
Accrued expenses and other liabilities 117,718 148,444
Total liabilities 7,126,825 6,385,741
SHAREHOLDERS’ EQUITY    
Preferred stock; no par value Authorized 10,000,000 shares; none issued or outstanding 0 0
Common stock; no par value Authorized 40,000,000 shares; issued 28,205,674 shares at December 31, 2021 and 2020 436,538 436,538
Retained earnings 603,787 514,176
Cost of common stock in treasury (3,466,162 shares at December 31, 2021 and 2,816,557 shares at December 31, 2020) (114,209) (82,240)
Accumulated other comprehensive (loss) income (9,861) 18,371
Total shareholders’ equity 916,255 886,845
Noncontrolling interests 53,209 43,825
Total equity 969,464 930,670
Total liabilities and equity $ 8,096,289 $ 7,316,411
Preferred Stock, Par or Stated Value Per Share $ 0 $ 0
Preferred stock, Authorized shares 10,000,000 10,000,000
Preferred stock, issued shares 0 0
Common Stock, Par or Stated Value Per Share $ 0 $ 0
Common stock, Authorized shares 40,000,000 40,000,000
Common stock, issued shares 28,205,674 28,205,674
Cost of common stock in treasury, shares 3,466,162 2,816,557
Commercial and agricultural    
Loans and leases, net of unearned discount:    
Total loans and leases $ 918,712 $ 1,186,118
Allowance for loan and lease losses (15,409) (16,680)
Solar    
Loans and leases, net of unearned discount:    
Total loans and leases 348,302 292,604
Allowance for loan and lease losses (6,585) (5,549)
Auto and light truck    
Loans and leases, net of unearned discount:    
Total loans and leases 603,775 542,369
Allowance for loan and lease losses (19,624) (28,926)
Medium and heavy duty truck    
Loans and leases, net of unearned discount:    
Total loans and leases 259,740 279,172
Allowance for loan and lease losses (6,015) (6,400)
Aircraft    
Loans and leases, net of unearned discount:    
Total loans and leases 898,401 861,460
Allowance for loan and lease losses (33,628) (34,053)
Construction equipment    
Loans and leases, net of unearned discount:    
Total loans and leases 754,273 714,888
Allowance for loan and lease losses (19,673) (19,166)
Commercial real estate    
Loans and leases, net of unearned discount:    
Total loans and leases 929,341 969,864
Allowance for loan and lease losses (19,691) (22,758)
Residential real estate and home equity    
Loans and leases, net of unearned discount:    
Total loans and leases 500,590 511,379
Allowance for loan and lease losses (5,084) (5,374)
Consumer    
Loans and leases, net of unearned discount:    
Total loans and leases 133,080 131,447
Allowance for loan and lease losses $ (1,783) $ (1,748)