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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 116,915 $ 54,420
Federal funds sold and interest bearing deposits with other banks 164,848 470,767
Investment securities available-for-sale 1,836,389 1,863,041
Other investments 25,538 27,189
Mortgages held for sale 5,525 13,284
Loans and leases - net of unearned discount    
Loans and leases 5,551,216 5,346,214
Allowance for loan and lease losses (132,865) (127,492)
Net loans and leases 5,418,351 5,218,722
Equipment owned under operating leases, net 36,579 48,433
Net premises and equipment 45,250 47,038
Goodwill and intangible assets 83,916 83,926
Accrued income and other assets 296,048 269,469
Total assets 8,029,359 8,096,289
Deposits:    
Noninterest-bearing demand 2,032,566 2,052,981
Interest-bearing deposits:    
Interest-bearing demand 2,644,590 2,455,580
Savings 1,282,791 1,286,367
Time 784,949 884,137
Total interest-bearing deposits 4,712,330 4,626,084
Total deposits 6,744,896 6,679,065
Short-term borrowings:    
Federal funds purchased and securities sold under agreements to repurchase 162,649 194,727
Other short-term borrowings 5,190 5,300
Total short-term borrowings 167,839 200,027
Long-term debt and mandatorily redeemable securities 48,459 71,251
Subordinated notes 58,764 58,764
Accrued expenses and other liabilities 98,734 117,718
Total liabilities 7,118,692 7,126,825
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 at March 31, 2022 and December 31, 2021 436,538 436,538
Retained earnings 646,600 603,787
Cost of common stock in treasury (3,555,267 shares at June 30, 2022 and 3,466,162 shares at December 31, 2021) (119,876) (114,209)
Accumulated other comprehensive loss (107,011) (9,861)
Total shareholders’ equity 856,251 916,255
Noncontrolling interests 54,416 53,209
Total equity 910,667 969,464
Total liabilities and equity $ 8,029,359 $ 8,096,289
Preferred stock; no par value (in dollars per share) $ 0 $ 0
Preferred stock, Authorized shares 10,000,000 10,000,000
Preferred stock, issued shares 0 0
Preferred stock, outstanding shares 0 0
Common stock; no par value (in dollars 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 3,555,267 3,466,162
Commercial and agricultural    
Loans and leases - net of unearned discount    
Loans and leases $ 842,618 $ 918,712
Allowance for loan and lease losses (16,110) (15,409)
Solar    
Loans and leases - net of unearned discount    
Loans and leases 350,472 348,302
Allowance for loan and lease losses (6,652) (6,585)
Auto and light truck    
Loans and leases - net of unearned discount    
Loans and leases 708,720 603,775
Allowance for loan and lease losses (19,057) (19,624)
Medium and heavy duty truck    
Loans and leases - net of unearned discount    
Loans and leases 278,334 259,740
Allowance for loan and lease losses (6,709) (6,015)
Aircraft    
Loans and leases - net of unearned discount    
Loans and leases 959,876 898,401
Allowance for loan and lease losses (36,987) (33,628)
Construction equipment    
Loans and leases - net of unearned discount    
Loans and leases 803,734 754,273
Allowance for loan and lease losses (21,171) (19,673)
Commercial real estate    
Loans and leases - net of unearned discount    
Loans and leases 931,058 929,341
Allowance for loan and lease losses (18,416) (19,691)
Residential real estate and home equity    
Loans and leases - net of unearned discount    
Loans and leases 535,589 500,590
Allowance for loan and lease losses (5,779) (5,084)
Consumer    
Loans and leases - net of unearned discount    
Loans and leases 140,815 133,080
Allowance for loan and lease losses $ (1,984) $ (1,783)