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4th Quarter 2023
December 31

Assets (In Thousands) 2023 2022
Cash and Deposits Due from Banks $  135,885 $  129,706
Excess Deposits with Federal Reserve
and Federal Funds Sold
1,190,184 910,720
Investment Securities    
    U.S. Government and Agency Securities 355,234 348,909
    Other Securities 82,645 78,446
    Total Investment Securities 437,879 427,355
Loans    
    Commercial loans 5,664,573 5,445,509
    Installment loans 1,113,153 1,052,300
    Mortgage loans 384,096 278,506
    Other loans 12,771 10,417
    Subtotal 7,174,593 6,786,732
    Less: Allowance for Loan Losses (88,703) (81,824)
    Total Loans, Net  7,085,890 6,704,908
Bank Premises and Equipment 111,491 97,045
Other Assets 203,310 185,156
TOTAL ASSETS $ 9,164,639 $ 8,454,890
Liabilities (In Thousands) 2023 2022
    Demand deposits $ 1,614,307 $ 2,058,927
    Interest-bearing deposits 6,427,841 5,406,715
    Total deposits 8,042,148 7,465,642
    Federal funds purchased 130,234 62,902
    Repurchase agreements 43,395 60,280
    Other borrowed money 6,000 6,000
    Accrued expenses and other liabilities 64,836 54,650
    Total Liabilities 8,286,613 7,649,474
Stockholders' Equity (In Thousands) 2023 2022
    Capital stock 5,000 5,000
    Surplus 50,000 50,000
    Undivided profits 846,118 787,353
    Accumulated other comprehensive income (23,092) (36,937)
    Total Stockholders' Equity 878,026 805,416
TOTAL LIABILITIES AND EQUITY $ 9,164,639
$ 8,454,890

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2023 Statement of Condition

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