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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 97,060 $ 102,346
Interest-bearing bank deposits 283,037 19,510
Securities available for sale, at fair value 908,236 902,292
Securities held to maturity, at amortized cost (Fair value of $276,988 and $338,718 at September 30, 2020 and December 31,2019, respectively) 268,638 337,123
Other investments 12,966 16,761
Loans held for sale 37,998 15,989
Loans:    
Portfolio loans 6,949,716 6,189,148
Allowance for credit losses (88,307) (51,637)
Net loans 6,861,409 6,137,511
Premises and equipment, net 128,041 137,268
Other real estate owned 1,079 2,228
Goodwill 303,328 303,328
Amortizing intangibles, net 14,095 16,366
Bank owned life insurance 224,660 220,723
Other assets 148,819 97,328
Total assets 9,289,366 8,308,773
Deposits (all domestic):    
Noninterest-bearing 2,301,821 1,690,247
Interest-bearing 5,402,086 4,987,368
Total deposits 7,703,907 6,677,615
Short-term borrowings 122,356 201,853
Subordinated debentures 170,572 170,450
Other long-term debt 56,424 56,917
Capital Lease Obligations 6,494 6,815
Total long-term debt 233,490 234,182
Other liabilities 156,782 139,458
Total liabilities 8,216,535 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 September 30, 2020 and December 31, 2019, and 96,924,781 and 98,311,840 shares outstanding at September 30, 2020 and December 31, 2019, respectively 113,915 113,915
Additional paid-in capital 494,682 493,737
Retained earnings 592,704 577,348
Accumulated other comprehensive income, net 19,111 5,579
Treasury stock (16,990,121 and 15,603,062 shares at September 30, 2020 and December 31, 2019, respectively) (147,581) (134,914)
Total shareholders’ equity 1,072,831 1,055,665
Total liabilities and shareholders’ equity $ 9,289,366 $ 8,308,773