Overview Financials News + Filings Key Docs Charts Ownership Insiders
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In millions, except per share items | Jun-30-23 | Mar-31-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 |
| 10-Q | 10-Q | 10-K | 8-K | 10-Q | 10-Q | 10-K | 8-K |
ASSETS | | | | | | | | |
Cash and due from banks | 70.8 | 51.2 | 53.4 | 76.0 | 64.4 | 55.0 | 41.1 | 40.1 |
Interest-bearing balances with other financial institutions | 13.3 | 5.0 | 4.4 | | 4.9 | 3.2 | 146.0 | |
Federal funds sold | 9.7 | 6.0 | 3.1 | | 167.4 | 700.3 | 726.6 | |
Total cash and cash equivalents | 93.9 | 62.2 | 60.9 | 76.0 | 236.8 | 758.4 | 913.8 | 40.1 |
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Investment securities: | | | | | | | | |
HTM, at amortized cost (fair value $355,789 and $348,505) | 404.8 | | | | | | | |
AFS, at fair value | 228.8 | 236.6 | | | | | | |
Equity securities available for sale, at fair value | 0.4 | 0.4 | 0.4 | | 0.5 | 0.5 | 0.5 | |
Loans held for sale, at fair value | 7.3 | 2.7 | 2.5 | | 9.6 | 7.5 | 11.5 | |
Loans, net of unearned interest | 4,034.5 | 3,611.3 | 3,514.1 | | | | 3,104.4 | |
Less: ACL - Loans | -32.6 | -31.3 | | | | | | |
Net loans | 4,001.9 | 3,580.1 | 3,495.2 | | | | 3,089.8 | |
Premises and equipment, net | 39.2 | 34.2 | 34.5 | 33.9 | 33.7 | 33.6 | 33.2 | |
Operating lease right of use asset | 9.1 | 8.4 | 8.8 | | 8.3 | 8.8 | 9.1 | |
Finance lease right of use asset | 2.8 | 2.9 | 2.9 | | 3.0 | 3.0 | 3.1 | |
Cash surrender value of life insurance | 53.9 | 50.9 | 50.7 | | 50.2 | 49.9 | 49.7 | |
Restricted investment in bank stocks | 11.6 | 8.0 | 8.3 | | 4.2 | 7.6 | 9.1 | |
Accrued interest receivable | 19.6 | 19.2 | 18.4 | | 12.9 | 11.6 | 11.3 | |
Deferred income taxes | 24.3 | 15.5 | 13.7 | 16.1 | 13.8 | 12.0 | 10.8 | |
Goodwill | 129.4 | 114.2 | 114.2 | 113.9 | 113.8 | 113.8 | 113.8 | 62.8 |
Core deposit and other intangibles, net | 7.5 | 6.9 | 7.3 | | 7.7 | 8.3 | 9.4 | |
Foreclosed assets held for sale | 0.5 | 0.2 | 0.0 | | 0.1 | 0.1 | | |
Other assets | 53.7 | 44.1 | 41.6 | 31.2 | 32.1 | 34.4 | 28.3 | 16.1 |
Total Assets | 5,088.8 | 4,583.5 | 4,498.0 | 4,333.9 | 4,310.2 | 4,667.2 | 4,689.4 | 3,453.2 |
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LIABILITIES & SHAREHOLDERS’ EQUITY | | | | | | | | |
Deposits: | | | | | | | | |
Noninterest-bearing demand | 830.5 | 797.0 | 793.9 | | 850.2 | 867.0 | 850.4 | |
Interest-bearing transaction accounts | 2,180.3 | 2,197.2 | 339.2 | | 354.7 | 358.2 | 381.5 | 205.8 |
Time | 1,275.9 | 883.8 | 658.5 | 452.3 | 475.1 | 553.2 | 626.7 | 442.6 |
Total Deposits | 4,286.7 | 3,878.1 | 3,778.3 | 1,315.3 | 3,702.6 | 3,989.0 | 4,002.0 | 2,216.0 |
Short-term borrowings | 112.4 | 88.0 | 102.6 | | | | 0.2 | |
Long-term debt | 59.0 | 4.3 | 4.4 | | 4.6 | 74.7 | 81.3 | |
Subordinated debt | 46.6 | 56.8 | | | | | | |
Operating lease liability | 9.9 | 9.3 | 9.7 | | 10.3 | 10.9 | 11.4 | |
Accrued interest payable | 11.1 | 5.8 | 2.3 | 1.8 | 1.5 | 2.1 | 1.8 | 1.9 |
Other liabilities | 37.2 | 30.4 | 31.5 | 22.2 | 21.3 | 22.2 | 28.6 | 9.7 |
Total Liabilities | 4,562.9 | 4,072.7 | 3,985.9 | 3,834.8 | 3,814.3 | 4,173.0 | 4,199.3 | 3,103.9 |
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Shareholders' Equity: | | | | | | | | |
Common stock | 17.0 | 16.1 | 16.1 | 16.1 | 16.1 | 16.1 | 16.1 | 11.5 |
Additional paid-in capital | 404.9 | 387.3 | 387.0 | 386.5 | 386.1 | 385.8 | 384.7 | 246.8 |
Retained earnings | 131.3 | 129.6 | 133.1 | 120.6 | 108.3 | 99.2 | 91.0 | 92.7 |
Accumulated other comprehensive loss | -17.8 | -17.4 | -19.2 | -19.1 | -20.6 | -11.0 | 0.2 | 0.1 |
Treasury stock, at cost; 412,722 shares at June 30, 2023 and 208,343 shares at December 31, 2022 | -9.5 | -4.9 | -4.9 | -4.9 | -4.9 | -1.9 | -1.9 | -1.9 |
Total Shareholders’ Equity | 525.9 | 510.8 | 512.1 | 499.1 | 495.8 | 494.2 | 490.1 | 349.3 |
Total Liabilities and Shareholders' Equity | 5,088.8 | 4,583.5 | 4,498.0 | 4,333.9 | 4,310.2 | 4,667.2 | 4,689.4 | 3,453.2 |
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