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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 41,533 $ 77,474
Federal funds sold and interest bearing deposits with other banks 39,381 52,194
Investment securities available-for-sale 1,583,244 1,622,600
Other investments 25,075 25,075
Mortgages held for sale 2,881 1,442
Loans and leases - net of unearned discount    
Loans and leases 6,562,772 6,518,505
Allowance for loan and lease losses (148,024) (147,552)
Net loans and leases 6,414,748 6,370,953
Equipment owned under operating leases, net 16,691 20,366
Net premises and equipment 45,689 46,159
Goodwill and intangible assets 83,912 83,916
Accrued income and other assets 414,683 427,779
Total assets 8,667,837 8,727,958
Deposits:    
Noninterest-bearing demand 1,618,498 1,655,728
Interest-bearing deposits:    
Interest-bearing demand 2,364,751 2,430,833
Savings 1,270,401 1,213,334
Time 1,801,661 1,738,686
Total interest-bearing deposits 5,436,813 5,382,853
Total deposits 7,055,311 7,038,581
Short-term borrowings:    
Federal funds purchased and securities sold under agreements to repurchase 82,591 55,809
Other short-term borrowings 166,989 256,550
Total short-term borrowings 249,580 312,359
Long-term debt and mandatorily redeemable securities 39,406 47,911
Subordinated notes 58,764 58,764
Accrued expenses and other liabilities 183,227 202,080
Total liabilities 7,586,288 7,659,695
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, 2024 and December 31, 2023 436,538 436,538
Retained earnings 812,413 789,842
Cost of common stock in treasury (3,728,016 shares at March 31, 2024 and 3,771,070 shares at December 31, 2023) (129,790) (130,489)
Accumulated other comprehensive loss (109,275) (106,323)
Total shareholders’ equity 1,009,886 989,568
Noncontrolling interests 71,663 78,695
Total equity 1,081,549 1,068,263
Total liabilities and equity $ 8,667,837 $ 8,727,958
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
Treasury Stock, Common, Shares 3,728,016 3,771,070
Commercial and agricultural    
Loans and leases - net of unearned discount    
Loans and leases $ 731,527 $ 766,223
Allowance for loan and lease losses (17,263) (17,385)
Renewable energy    
Loans and leases - net of unearned discount    
Loans and leases 413,662 399,708
Allowance for loan and lease losses (6,858) (6,610)
Auto and light truck    
Loans and leases - net of unearned discount    
Loans and leases 997,465 966,912
Allowance for loan and lease losses (17,584) (16,858)
Medium and heavy duty truck    
Loans and leases - net of unearned discount    
Loans and leases 303,799 311,947
Allowance for loan and lease losses (8,788) (8,965)
Aircraft    
Loans and leases - net of unearned discount    
Loans and leases 1,104,058 1,078,172
Allowance for loan and lease losses (36,924) (37,653)
Construction equipment    
Loans and leases - net of unearned discount    
Loans and leases 1,092,585 1,084,752
Allowance for loan and lease losses (26,804) (26,510)
Commercial real estate    
Loans and leases - net of unearned discount    
Loans and leases 1,135,595 1,129,861
Allowance for loan and lease losses (23,844) (23,690)
Residential real estate and home equity    
Loans and leases - net of unearned discount    
Loans and leases 643,856 637,973
Allowance for loan and lease losses (7,808) (7,698)
Consumer    
Loans and leases - net of unearned discount    
Loans and leases 140,225 142,957
Allowance for loan and lease losses $ (2,151) $ (2,183)