March 31
| Assets (In Thousands) | 2023 | 2022 |
|---|
|
Cash and Deposits Due from Banks
|
$118,462
|
$117,731
|
|
Excess Deposits with Federal Reserve and Federal Funds Sold
|
911,415 |
1,670,943
|
|
Investment Securities
|
|
U.S. Government and Agency Securities
|
348,151
|
352,846
|
|
Other Securities
|
86,022
|
92,504
|
|
Total Investment Securities
|
434,173 |
445,350
|
|
Loans
|
|
Commercial loans
|
5,439,550
|
4,342,025
|
|
Installment loans
|
1,045,028
|
922,366
|
|
Mortgage loans
|
292,413
|
247,618
|
|
Other loans
|
11,277
|
5,751
|
|
Subtotal
|
6,788,268 |
5,517,760
|
|
Less: Allowance for Loan Losses
|
(84,984)
|
(71,020)
|
|
Total Loans, Net
|
6,703,284
|
5,446,740
|
|
Bank Premises and Equipment
|
102,144
|
89,437
|
|
Other Assets
|
181,729
|
149,191
|
|
Total Assets
|
$8,451,207
|
$7,919,392
|
| Liabilities (In Thousands) |
|---|
|
Demand deposits
|
$1,861,208
|
$2,023,422
|
|
Interest-bearing deposits
|
5,545,485
|
4,908,998
|
|
Total deposits
|
7,406,693
|
6,932,420
|
|
Federal funds purchased
|
67,801
|
109,651
|
|
Repurchase agreements
|
58,055
|
66,685
|
|
Other borrowed money
|
6,000
|
6,000
|
|
Accrued expenses and other liabilities
|
75,460
|
39,833
|
| Total Liabilities |
7,614,009
|
7,154,589
|
|
Stockholders' Equity (In Thousands)
|
|---|
|
Capital stock
|
5,000
|
5,000
|
|
Surplus
|
50,000
|
50,000
|
|
Undivided profits
|
814,580
|
719,397
|
|
Accumulated other comprehensive income
|
(32,382)
|
(9,594)
|
|
Total Stockholders' Equity
|
837,198
|
764,803
|
|
Total Liabilities and Equity
|
$8,451,207
|
$7,919,392
|
|