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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 82,621 $ 222,517
Federal funds sold 12,931 9,374
Securities available-for-sale 1,340,781 1,330,481
Loans 3,072,517 3,060,263
(Less) plus: Net deferred loan (fees)/costs 7,527 7,175
Allowance for credit losses (39,620) (39,779)
Loans, net 3,040,424 3,027,659
Restricted stock 15,384 15,378
Accrued interest receivable 20,402 21,288
Premises and equipment, net 68,158 66,147
Bank-owned life insurance 116,117 115,704
Goodwill 86,985 86,985
Other intangible assets 6,396 6,714
Other real estate owned 336 337
Other assets 76,286 86,697
TOTAL ASSETS 4,866,821 4,989,281
Deposits:    
Non-interest-bearing 830,233 857,920
Interest-bearing:    
Certificates of deposit exceeding the FDIC insurance limits 58,476 50,608
Other interest-bearing deposits 3,276,689 3,460,343
Total Deposits 4,165,398 4,368,871
Short-term borrowings 108,584 70,875
Other borrowings 34,585 9,589
Other liabilities 52,755 64,653
TOTAL LIABILITIES 4,361,322 4,513,988
Shareholders' equity    
Common stock, $0.125 stated value per share; Authorized shares-40,000,000 Issued shares-16,137,220 in 2023 and 16,114,992 in 2022 Outstanding shares-12,065,888 in 2023 and 12,051,964 in 2022 2,012 2,012
Additional paid-in capital 143,408 143,185
Retained earnings 630,809 614,829
Accumulated other comprehensive loss (125,589) (139,974)
Less: Treasury shares at cost-4,071,332 in 2023 and 4,063,028 in 2022 (145,141) (144,759)
TOTAL SHAREHOLDERS' EQUITY 505,499 475,293
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 4,866,821 4,989,281
Commercial    
ASSETS    
Loans 1,798,240 1,798,260
Residential    
ASSETS    
Loans 675,978 673,464
Consumer    
ASSETS    
Loans $ 598,299 $ 588,539