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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 160,106 $ 170,595
Short-term interest bearing accounts 123,254 46,248
Equity securities, at fair value 26,378 27,771
Securities available for sale, at fair value 1,000,980 975,340
Securities held to maturity (fair value $642,325 and $641,262, respectively) 621,359 630,074
Federal Reserve and Federal Home Loan Bank stock 41,018 44,620
Loans held for sale 6,475 11,731
Loans 7,247,383 7,136,098
Less allowance for loan losses [1] 100,000  
Less allowance for loan losses [1]   72,965
Net loans 7,147,383 7,063,133
Premises and equipment, net 76,502 75,631
Goodwill 274,769 274,769
Intangible assets, net 11,186 12,020
Bank owned life insurance 183,122 181,748
Other assets 281,011 202,245
Total assets 9,953,543 9,715,925
Liabilities    
Demand (noninterest bearing) 2,423,077 2,414,383
Savings, NOW and money market 4,598,282 4,312,244
Time 843,279 861,193
Total deposits 7,864,638 7,587,820
Short-term borrowings 548,904 655,275
Long-term debt 64,183 64,211
Junior subordinated debt 101,196 101,196
Other liabilities 262,443 187,026
Total liabilities 8,841,364 8,595,528
Stockholders' equity    
Preferred stock, $0.01 par value; authorized 2,500,000 shares at March 31, 2020 and December 31, 2019 0 0
Common stock, $0.01 par value; authorized 100,000,000 shares at March 31, 2020 and December 31, 2019; issued 49,651,493 at March 31, 2020 and December 31, 2019 497 497
Additional paid-in-capital 577,080 576,708
Retained earnings 678,611 696,214
Accumulated other comprehensive loss (2,792) (19,026)
Common stock in treasury, at cost, 6,064,048 and 5,854,882 shares at March 31, 2020 and December 31, 2019, respectively (141,217) (133,996)
Total stockholders' equity 1,112,179 1,120,397
Total liabilities and stockholders' equity $ 9,953,543 $ 9,715,925
[1] Beginning January 1, 2020, calculation is based on current expected loss methodology. Prior to January 1, 2020, calculation was based on incurred loss methodology.