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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 77,474 $ 84,703
Federal funds sold and interest bearing deposits with other banks 52,194 38,094
Investment securities available-for-sale 1,622,600 1,775,128
Other investments 25,075 25,293
Mortgages held for sale 1,442 3,914
Loans and leases, net of unearned discount:    
Total loans and leases 6,518,505 6,011,162
Allowance for loan and lease losses (147,552) (139,268)
Net loans and leases 6,370,953 5,871,894
Equipment owned under operating leases, net 20,366 31,700
Net premises and equipment 46,159 44,773
Goodwill and intangible assets 83,916 83,907
Accrued income and other assets 427,779 380,010
Total assets 8,727,958 8,339,416
Deposits:    
Noninterest-bearing demand 1,655,728 1,998,151
Interest-bearing demand 2,430,833 2,591,464
Savings 1,213,334 1,198,191
Time 1,738,686 1,140,459
Total interest-bearing deposits 5,382,853 4,930,114
Total deposits 7,038,581 6,928,265
Short-term borrowings:    
Federal funds purchased and securities sold under agreements to repurchase 55,809 141,432
Other short-term borrowings 256,550 74,097
Total short-term borrowings 312,359 215,529
Long-term debt and mandatorily redeemable securities 47,911 46,555
Subordinated notes 58,764 58,764
Accrued expenses and other liabilities 202,080 166,537
Total liabilities 7,659,695 7,415,650
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, 2023 and 2022 436,538 436,538
Retained earnings 789,842 694,862
Cost of common stock in treasury (3,771,070 shares at December 31, 2023 and 3,543,388 shares at December 31, 2022) (130,489) (119,642)
Accumulated other comprehensive loss (106,323) (147,690)
Total shareholders’ equity 989,568 864,068
Noncontrolling interests 78,695 59,698
Total equity 1,068,263 923,766
Total liabilities and equity $ 8,727,958 $ 8,339,416
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
Treasury Stock, Common, Shares 3,771,070 3,543,388
Commercial and agricultural    
Loans and leases, net of unearned discount:    
Total loans and leases $ 766,223 $ 812,031
Allowance for loan and lease losses (17,385) (14,635)
Renewable energy    
Loans and leases, net of unearned discount:    
Total loans and leases 399,708 381,163
Allowance for loan and lease losses (6,610) (7,217)
Auto and light truck    
Loans and leases, net of unearned discount:    
Total loans and leases 966,912 808,117
Allowance for loan and lease losses (16,858) (18,634)
Medium and heavy duty truck    
Loans and leases, net of unearned discount:    
Total loans and leases 311,947 313,862
Allowance for loan and lease losses (8,965) (7,566)
Aircraft    
Loans and leases, net of unearned discount:    
Total loans and leases 1,078,172 1,077,722
Allowance for loan and lease losses (37,653) (41,093)
Construction equipment    
Loans and leases, net of unearned discount:    
Total loans and leases 1,084,752 938,503
Allowance for loan and lease losses (26,510) (24,039)
Commercial real estate    
Loans and leases, net of unearned discount:    
Total loans and leases 1,129,861 943,745
Allowance for loan and lease losses (23,690) (17,431)
Residential real estate and home equity    
Loans and leases, net of unearned discount:    
Total loans and leases 637,973 584,737
Allowance for loan and lease losses (7,698) (6,478)
Consumer    
Loans and leases, net of unearned discount:    
Total loans and leases 142,957 151,282
Allowance for loan and lease losses $ (2,183) $ (2,175)