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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and Due from Banks $ 60,477 $ 47,173
Federal Funds Sold and Other Short-term Investments 610,115 349,717
Cash and Cash Equivalents 670,592 396,890
Interest-bearing Time Deposits with Banks 995 745
Securities Available-for-Sale, at Fair Value (Amortized Cost $2,072,913 for March 31, 2022; Amortized Cost $1,869,198 for December 31, 2021; No Allowance for Credit Losses) 1,923,620 1,889,617
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 12,675 10,585
Loans 3,656,034 3,007,926
Less: Unearned Income (3,582) (3,662)
Allowance for Credit Losses (45,078) (37,017)
Loans, Net 3,607,374 2,967,247
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 15,455 13,048
Premises, Furniture and Equipment, Net 111,815 88,863
Other Real Estate 30 0
Goodwill 178,619 121,761
Intangible Assets 12,330 5,845
Company Owned Life Insurance 83,182 70,070
Accrued Interest Receivable and Other Assets 80,589 43,515
TOTAL ASSETS 6,697,629 5,608,539
LIABILITIES    
Non-interest-bearing Demand Deposits 1,789,353 1,529,223
Interest-bearing Demand, Savings, and Money Market Accounts 3,527,373 2,867,994
Time Deposits 512,884 347,099
Total Deposits 5,829,610 4,744,316
FHLB Advances and Other Borrowings 156,124 152,183
Accrued Interest Payable and Other Liabilities 62,859 43,581
TOTAL LIABILITIES 6,048,593 4,940,080
SHAREHOLDERS’ EQUITY    
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized 29,486 26,554
Additional Paid-in Capital 385,272 276,057
Retained Earnings 352,679 350,364
Accumulated Other Comprehensive Income (Loss) (118,401) 15,484
TOTAL SHAREHOLDERS’ EQUITY 649,036 668,459
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 6,697,629 $ 5,608,539
End of period shares issued (in shares) 29,485,683 26,553,508
End of period shares outstanding (in shares) 29,485,683 26,553,508