December 31
| Assets (In Thousands) | 2022 | 2021 |
|---|
|
Cash and Deposits Due from Banks
|
$129,706
|
$101,809
|
|
Excess Deposits with Federal Reserve and Federal Funds Sold
|
910,720 |
1,568,444
|
|
Investment Securities
|
|
U.S. Government and Agency Securities
|
348,909
|
338,937
|
|
Other Securities
|
79,446
|
98,055
|
|
Total Investment Securities
|
427,355 |
436,992
|
|
Loans
|
|
Commercial loans
|
5,445,509
|
4,518,220
|
|
Installment loans
|
1,052,300
|
840,011
|
|
Mortgage loans
|
278,506
|
238,253
|
|
Other loans
|
10,417
|
6,447
|
|
Subtotal
|
6,786,732 |
5,602,931
|
|
Less: Allowance for Loan Losses
|
(81,824)
|
(69,198)
|
|
Total Loans, Net
|
6,704,908
|
5,533,733
|
|
Bank Premises and Equipment
|
97,045
|
88,493
|
|
Other Assets
|
185,156
|
143,336
|
|
Total Assets
|
$8,454,890
|
$7,872,807
|
| Liabilities (In Thousands) |
|---|
|
Demand deposits
|
$2,058,927
|
$2,093,255
|
|
Interest-bearing deposits
|
5,406,715
|
4,836,437
|
|
Total deposits
|
7,465,642
|
6,929,692
|
|
Federal funds purchased
|
62,902
|
80,225
|
|
Repurchase agreements
|
60,280
|
70,560
|
|
Other borrowed money
|
6,000
|
6,000
|
|
Accrued expenses and other liabilities
|
54,650
|
34,999
|
| Total Liabilities |
7,649,474
|
7,121,476
|
|
Stockholders' Equity (In Thousands)
|
|---|
|
Capital stock
|
5,000
|
5,000
|
|
Surplus
|
50,000
|
50,000
|
|
Undivided profits
|
787,353
|
701,145
|
|
Accumulated other comprehensive income
|
(36,937)
|
(4,814)
|
|
Total Stockholders' Equity
|
805,416
|
751,331
|
|
Total Liabilities and Equity
|
$8,454,890
|
$7,872,807
|
|