1st Quarter 2024
March 31
| Assets (In Thousands) | 2024 | 2023 |
|---|---|---|
| Cash and Deposits Due from Banks | $ 90,662 | $ 118,462 |
| Excess Deposits with Federal Reserve and Federal Funds Sold |
1,292,459 | 911,415 |
| Investment Securities | ||
| U.S. Government and Agency Securities | 354,714 | 348,151 |
| Other Securities | 79,507 | 86,022 |
| Total Investment Securities | 434,221 | 434,173 |
| Loans | ||
| Commercial loans | 5,704,432 | 5,439,550 |
| Installment loans | 1,111,620 | 1,045,028 |
| Mortgage loans | 404,254 | 292,413 |
| Other loans | 6,562 | 11,277 |
| Subtotal | 7,226,868 | 6,788,268 |
| Less: Allowance for Loan Losses | (88,885) | (84,984) |
| Total Loans, Net | 7,137,983 | 6,703,284 |
| Bank Premises and Equipment | 119,677 | 102,144 |
| Other Assets | 210,260 | 181,730 |
| TOTAL ASSETS | $ 9,285,262 | $ 8,451,208 |
| Liabilities (In Thousands) | 2024 | 2023 |
|---|---|---|
| Demand deposits | $ 1,414,024 | $ 1,861,208 |
| Interest-bearing deposits | 6,752,456 | 5,545,485 |
| Total deposits | 8,166,480 | 7,406,693 |
| Federal funds purchased | 102,558 | 67,801 |
| Repurchase agreements | 38,460 | 58,055 |
| Other borrowed money | 6,000 | 6,000 |
| Accrued expenses and other liabilities | 75,885 | 75,460 |
| Total Liabilities | 8,389,383 | 7,614,009 |
| Stockholders' Equity (In Thousands) | 2024 | 2023 |
|---|---|---|
| Capital stock | 5,000 | 5,000 |
| Surplus | 50,000 | 50,000 |
| Undivided profits | 863,970 | 814,580 |
| Accumulated other comprehensive income | (23,091) | (32,381) |
| Total Stockholders' Equity | 895,879 | 837,199 |
| TOTAL LIABILITIES AND EQUITY | $ 9,285,262 |
$ 8,451,208 |
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2024 Statement of Condition
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2023 Statement of Condition
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