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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 118,413 $ 102,346
Interest-bearing bank deposits 15,762 19,510
Securities available for sale, at fair value 972,626 902,292
Securities held to maturity, at amortized cost (Fair value of $327,592 and $338,718 at March 31, 2020 and December 31,2019, respectively) 318,256 337,123
Other investments 19,415 16,761
Loans held for sale 25,783 15,989
Loans:    
Portfolio loans 6,313,944 6,189,148
Allowance for credit losses (79,075) (51,637)
Net loans 6,234,869 6,137,511
Premises and equipment, net 136,896 137,268
Other real estate owned 2,697 2,228
Goodwill 303,328 303,328
Amortizing intangibles, net 15,563 16,366
Bank owned life insurance 222,132 220,723
Other assets 129,365 97,328
Total assets 8,515,105 8,308,773
Deposits (all domestic):    
Noninterest-bearing 1,751,524 1,690,247
Interest-bearing 5,171,564 4,987,368
Total deposits 6,923,088 6,677,615
Short-term borrowings 146,971 201,853
Subordinated debentures 170,490 170,450
Other long-term debt 56,755 56,917
Capital Lease Obligations 6,710 6,815
Total long-term debt 233,955 234,182
Other liabilities 153,167 139,458
Total liabilities 7,457,181 7,253,108
Shareholders’ Equity    
Preferred stock, $1 par value per share, 3,000,000 shares authorized, none issued 0 0
Common stock, $1 par value per share, 200,000,000 shares authorized; 113,914,902 shares issued at March 31, 2020 and December 31, 2019, and 98,015,396 and 98,311,840 shares outstanding at March 31, 2020 and December 31, 2019, respectively 113,915 113,915
Additional paid-in capital 494,181 493,737
Retained earnings 571,256 577,348
Accumulated other comprehensive income, net 17,352 5,579
Treasury stock (15,899,506 and 15,603,062 shares at March 31, 2020 and December 31, 2019, respectively) (138,780) (134,914)
Total shareholders’ equity 1,057,924 1,055,665
Total liabilities and shareholders’ equity $ 8,515,105 $ 8,308,773