2nd Quarter 2024
June 30
| Assets (In Thousands) | 2024 | 2023 |
|---|---|---|
| Cash and Deposits Due from Banks | $ 110,739 | $ 129,953 |
| Excess Deposits with Federal Reserve and Federal Funds Sold |
1,108,811 | 666,200 |
| Investment Securities | ||
| U.S. Government and Agency Securities | 348,702 | 348,586 |
| Other Securities | 77,588 | 84,670 |
| Total Investment Securities | 426,290 | 433,256 |
| Loans | ||
| Commercial loans | 5,776,312 | 5,733,727 |
| Installment loans | 1,125,524 | 1,076,489 |
| Mortgage loans | 406,649 | 309,735 |
| Other loans | 6,644 | 4,488 |
| Subtotal | 7,315,129 | 7,124,439 |
| Less: Allowance for Loan Losses | (89,815) | (88,260) |
| Total Loans, Net | 7,225,314 | 7,036,179 |
| Bank Premises and Equipment | 123,771 | 106,249 |
| Other Assets | 202,174 | 194,928 |
| TOTAL ASSETS | $ 9,197,099 | $ 8,566,765 |
| Liabilities (In Thousands) | 2024 | 2023 |
|---|---|---|
| Demand deposits | $ 1,348,473 | $ 1,752,756 |
| Interest-bearing deposits | 6,764,935 | 5,753,485 |
| Total deposits | 8,113,408 | 7,506,241 |
| Federal funds purchased | 44,203 | 61,178 |
| Repurchase agreements | 36,315 | 57,295 |
| Other borrowed money | 6,000 | 6,000 |
| Accrued expenses and other liabilities | 80,667 | 70,977 |
| Total Liabilities | 8,280,593 | 7,701,691 |
| Stockholders' Equity (In Thousands) | 2024 | 2023 |
|---|---|---|
| Capital stock | 5,000 | 5,000 |
| Surplus | 50,000 | 50,000 |
| Undivided profits | 882,920 | 842,229 |
| Accumulated other comprehensive income | (21,414) | (32,155) |
| Total Stockholders' Equity | 916,506 | 865,074 |
| TOTAL LIABILITIES AND EQUITY | $ 9,197,099 |
$ 8,566,765 |
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2024 Statement of Condition
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2023 Statement of Condition
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