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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and Due from Banks $ 54,617 $ 57,972
Federal Funds Sold and Other Short-term Investments 394,126 287,776
Cash and Cash Equivalents 448,743 345,748
Interest-bearing Time Deposits with Banks 745 1,241
Securities Available-for-Sale, at Fair Value (Amortized Cost $1,681,122 for September 30, 2021; Amortized Cost $1,172,175 for December 31, 2020; No Allowance for Credit Losses) 1,696,225 1,217,852
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 15,361 16,904
Loans 3,012,989 3,091,998
Less: Unearned Income (3,729) (3,926)
Allowance for Credit Losses (37,798) (46,859)
Loans, Net 2,971,462 3,041,213
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 13,048 13,168
Premises, Furniture and Equipment, Net 89,649 96,593
Other Real Estate 112 325
Goodwill 121,761 121,956
Intangible Assets 6,514 8,984
Company Owned Life Insurance 69,895 69,250
Accrued Interest Receivable and Other Assets 41,882 43,990
TOTAL ASSETS 5,475,750 4,977,577
LIABILITIES    
Non-interest-bearing Demand Deposits 1,453,197 1,183,442
Interest-bearing Demand, Savings, and Money Market Accounts 2,762,328 2,428,636
Time Deposits 377,426 494,452
Total Deposits 4,592,951 4,106,530
FHLB Advances and Other Borrowings 186,389 194,529
Accrued Interest Payable and Other Liabilities 46,271 51,809
TOTAL LIABILITIES 4,825,611 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 275,682 274,385
Retained Earnings 336,647 288,447
Accumulated Other Comprehensive Income 11,264 35,375
TOTAL SHAREHOLDERS’ EQUITY 650,139 624,709
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 5,475,750 $ 4,977,577
End of period shares issued (in shares) 26,546,100 26,502,157
End of period shares outstanding (in shares) 26,546,100 26,502,157