CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands |
Mar. 31, 2016 |
Dec. 31, 2015 |
| ASSETS |
|
|
| Cash and due from banks |
$ 52,373
|
$ 65,171
|
| Federal funds sold and interest bearing deposits with other banks |
32,854
|
14,550
|
| Investment securities available-for-sale (amortized cost of $787,062 and $781,232 at March 31, 2016 and December 31, 2015, respectively) |
801,950
|
791,727
|
| Other investments |
21,973
|
21,973
|
| Mortgages held for sale |
11,999
|
9,825
|
| Loans and leases - net of unearned discount |
|
|
| Loans and leases |
4,031,975
|
3,994,692
|
| Reserve for loan and lease losses |
(89,296)
|
(88,112)
|
| Net loans and leases |
3,942,679
|
3,906,580
|
| Equipment owned under operating leases, net |
110,412
|
110,371
|
| Net premises and equipment |
54,139
|
53,191
|
| Goodwill and intangible assets |
84,530
|
84,676
|
| Accrued income and other assets |
132,701
|
129,852
|
| Total assets |
5,245,610
|
5,187,916
|
| Deposits: |
|
|
| Noninterest bearing |
926,379
|
902,364
|
| Interest bearing |
3,298,769
|
3,236,822
|
| Total deposits |
4,225,148
|
4,139,186
|
| Short-term borrowings: |
|
|
| Federal funds purchased and securities sold under agreements to repurchase |
169,820
|
130,662
|
| Other short-term borrowings |
12,094
|
102,567
|
| Total short-term borrowings |
181,914
|
233,229
|
| Long-term debt and mandatorily redeemable securities |
68,837
|
57,379
|
| Subordinated notes |
58,764
|
58,764
|
| Accrued expenses and other liabilities |
60,974
|
55,305
|
| Total liabilities |
4,595,637
|
4,543,863
|
| SHAREHOLDERS' EQUITY |
|
|
| Preferred stock; no par value Authorized 10,000,000 shares; none issued or outstanding |
0
|
0
|
| Common stock; no par value Authorized 40,000,000 shares; issued 28,205,674 at March 31, 2016 and December 31, 2015 |
436,538
|
436,538
|
| Retained earnings |
260,813
|
251,812
|
| Cost of common stock in treasury (2,356,417 shares at March 31, 2016 and 2,178,090 shares at December 31, 2015) |
(56,677)
|
(50,852)
|
| Accumulated other comprehensive income |
9,299
|
6,555
|
| Total shareholders' equity |
649,973
|
644,053
|
| Total liabilities and shareholders' equity |
5,245,610
|
5,187,916
|
| Commercial and agricultural |
|
|
| Loans and leases - net of unearned discount |
|
|
| Loans and leases |
749,024
|
744,749
|
| Reserve for loan and lease losses |
(14,735)
|
(15,456)
|
| Auto and light truck |
|
|
| Loans and leases - net of unearned discount |
|
|
| Loans and leases |
428,455
|
425,236
|
| Reserve for loan and lease losses |
(9,582)
|
(9,269)
|
| Medium and heavy duty truck |
|
|
| Loans and leases - net of unearned discount |
|
|
| Loans and leases |
272,917
|
278,254
|
| Reserve for loan and lease losses |
(4,511)
|
(4,699)
|
| Aircraft financing |
|
|
| Loans and leases - net of unearned discount |
|
|
| Loans and leases |
783,844
|
778,012
|
| Reserve for loan and lease losses |
(34,240)
|
(32,373)
|
| Construction equipment financing |
|
|
| Loans and leases - net of unearned discount |
|
|
| Loans and leases |
467,782
|
455,565
|
| Reserve for loan and lease losses |
(7,462)
|
(7,592)
|
| Commercial real estate |
|
|
| Loans and leases - net of unearned discount |
|
|
| Loans and leases |
716,610
|
700,268
|
| Reserve for loan and lease losses |
(13,835)
|
(13,762)
|
| Residential real estate and home equity |
|
|
| Loans and leases - net of unearned discount |
|
|
| Loans and leases |
466,450
|
464,129
|
| Reserve for loan and lease losses |
(3,379)
|
(3,382)
|
| Consumer |
|
|
| Loans and leases - net of unearned discount |
|
|
| Loans and leases |
146,893
|
148,479
|
| Reserve for loan and lease losses |
$ (1,552)
|
$ (1,579)
|