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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and Due from Banks $ 111,904 $ 47,173
Federal Funds Sold and Other Short-term Investments 414,141 349,717
Cash and Cash Equivalents 526,045 396,890
Interest-bearing Time Deposits with Banks 995 745
Securities Available-for-Sale, at Fair Value (Amortized Cost $2,088,464 for June 30, 2022; Amortized Cost $1,869,198 for December 31, 2021; No Allowance for Credit Losses) 1,821,735 1,889,617
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 9,171 10,585
Loans 3,652,743 3,007,926
Less: Unearned Income (3,374) (3,662)
Allowance for Credit Losses (45,031) (37,017)
Loans, Net 3,604,338 2,967,247
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 15,259 13,048
Premises, Furniture and Equipment, Net 111,341 88,863
Other Real Estate 0 0
Goodwill 180,308 121,761
Intangible Assets 11,303 5,845
Company Owned Life Insurance 83,086 70,070
Accrued Interest Receivable and Other Assets 107,769 43,515
TOTAL ASSETS 6,471,703 5,608,539
LIABILITIES    
Non-interest-bearing Demand Deposits 1,745,067 1,529,223
Interest-bearing Demand, Savings, and Money Market Accounts 3,503,789 2,867,994
Time Deposits 464,752 347,099
Total Deposits 5,713,608 4,744,316
FHLB Advances and Other Borrowings 144,885 152,183
Accrued Interest Payable and Other Liabilities 38,781 43,581
TOTAL LIABILITIES 5,897,274 4,940,080
SHAREHOLDERS’ EQUITY    
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized 29,483 26,554
Additional Paid-in Capital 386,368 276,057
Retained Earnings 369,673 350,364
Accumulated Other Comprehensive Income (Loss) (211,095) 15,484
TOTAL SHAREHOLDERS’ EQUITY 574,429 668,459
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 6,471,703 $ 5,608,539
End of period shares issued (in shares) 29,483,045 26,553,508
End of period shares outstanding (in shares) 29,483,045 26,553,508