v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Cash and cash equivalents:    
Cash and balances due from banks $ 112,276 $ 107,864
Interest-bearing deposits in other banks 78,115 81,087
Total cash and cash equivalents 190,391 188,951
Available-for-sale investment securities, at fair value (amortized cost of $$1,107,248 at March 31, 2026 and $$1,076,980 at December 31, 2025) [1] 1,007,944 984,367
Held-to-maturity investment securities, at amortized cost (fair value of $$820,850 at March 31, 2026 and $$867,714 at December 31, 2025) [1] 883,675 922,837
Other investments 69,903 68,656
Total investment securities [1] 1,961,522 1,975,860
Loans and leases, net of deferred fees and costs [2] 6,770,208 6,756,907
Allowance for credit losses (78,392) (75,676)
Net loans and leases [3] 6,691,816 6,681,231
Loans held for sale 4,043 2,667
Bank premises and equipment, net of accumulated depreciation 99,313 100,508
Bank owned life insurance 149,426 148,264
Goodwill 363,199 363,199
Other intangible assets 28,402 30,120
Other assets 159,975 158,830
Total assets 9,648,087 9,649,630
Deposits:    
Non-interest-bearing 1,586,514 1,545,428
Interest-bearing 6,061,923 6,064,796
Total deposits 7,648,437 7,610,224
Short-term borrowings 505,862 530,285
Long-term borrowings 185,430 204,138
Accrued expenses and other liabilities 92,318 98,381
Total liabilities 8,432,047 8,443,028
Stockholders’ equity    
Preferred shares, no par value, $50,000 shares authorized, no shares issued at March 31, 2026 or at December 31, 2025 0 0
Common shares, no par value, $50,000,000 shares authorized, $36,848,602 shares issued at March 31, 2026 and $36,836,943 shares issued at December 31, 2025, including at each date shares held in treasury 867,464 871,571
Retained earnings 451,107 436,748
Accumulated other comprehensive loss, net of deferred income taxes (76,042) (70,628)
Treasury stock, at cost, $1,017,603 shares at March 31, 2026 and $1,215,120 shares at December 31, 2025 (26,489) (31,089)
Total stockholders’ equity 1,216,040 1,206,602
Total liabilities and stockholders’ equity $ 9,648,087 $ 9,649,630
[1]     Available-for-sale investment securities and held-to-maturity investment securities are presented net of allowance for credit losses of $0 and $233, respectively, at March 31, 2026, and $0 and $236, respectively, at December 31, 2025.
[2] Also referred to throughout this Quarterly Report on Form 10-Q as "total loans" or "loans held for investment."
[3] Also referred to throughout this Quarterly Report on Form 10-Q as "net loans."