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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and Due from Banks $ 102,758 $ 57,972
Federal Funds Sold and Other Short-term Investments 290,486 287,776
Cash and Cash Equivalents 393,244 345,748
Interest-bearing Time Deposits with Banks 1,241 1,241
Securities Available-for-Sale, at Fair Value (Amortized Cost $1,367,856 for March 31, 2021; Amortized Cost $1,172,175 for December 31 2020; No Allowance for Credit Losses) 1,385,873 1,217,852
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 18,493 16,904
Loans 3,120,981 3,091,998
Less: Unearned Income (3,778) (3,926)
Allowance for Credit Losses (45,099) (46,859)
Loans, Net 3,072,104 3,041,213
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 13,048 13,168
Premises, Furniture and Equipment, Net 92,044 96,593
Other Real Estate 325 325
Goodwill 121,956 121,956
Intangible Assets 8,130 8,984
Company Owned Life Insurance 69,606 69,250
Accrued Interest Receivable and Other Assets 43,417 43,990
TOTAL ASSETS 5,219,834 4,977,577
LIABILITIES    
Non-interest-bearing Demand Deposits 1,383,888 1,183,442
Interest-bearing Demand, Savings, and Money Market Accounts 2,548,015 2,428,636
Time Deposits 446,770 494,452
Total Deposits 4,378,673 4,106,530
FHLB Advances and Other Borrowings 173,547 194,529
Accrued Interest Payable and Other Liabilities 50,401 51,809
TOTAL LIABILITIES 4,602,621 4,352,868
SHAREHOLDERS’ EQUITY    
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized 26,546 26,502
Additional Paid-in Capital 274,670 274,385
Retained Earnings 302,450 288,447
Accumulated Other Comprehensive Income 13,547 35,375
TOTAL SHAREHOLDERS’ EQUITY 617,213 624,709
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 5,219,834 $ 4,977,577
End of period shares issued (in shares) 26,546,280 26,502,157
End of period shares outstanding (in shares) 26,546,280 26,502,157