Park National Corporation(NYSE MKT:PRK) 
Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in small and medium population areas. It offers deposits for demand, savings, and time accounts; trust and wealth management services; cash management services; s...
Website: http://www.parknationalcorp.com
Founded: 1908
Full Time Employees: 1,907
Sector: Financial Services
Industry: Banks-Regional
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At a glance:
Bull Thesis:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2012-06-30 | 2007-06-30 | 2006-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
other expense: | ||||||||||||||||||||||||||||||||
salaries | 45,577,000 | 39,315,000 | 38,644,000 | 38,560,000 | 36,216,000 | 37,254,000 | 38,370,000 | 35,954,000 | 35,733,000 | 36,192,000 | 34,525,000 | 33,649,000 | 34,871,000 | 33,837,000 | 37,889,000 | 31,052,000 | 30,521,000 | 35,953,000 | 29,433,000 | 30,303,000 | 29,896,000 | 37,280,000 | 31,632,000 | 30,699,000 | 28,429,000 | 30,903,000 | 30,713,000 | 32,093,000 | 25,805,000 | |||
employee benefits | 11,692,000 | 10,846,000 | 9,892,000 | 9,108,000 | 10,516,000 | 10,129,000 | 10,162,000 | 9,873,000 | 11,560,000 | 10,088,000 | 10,822,000 | 10,538,000 | 10,816,000 | 9,895,000 | 9,897,000 | 10,199,000 | 10,499,000 | 10,706,000 | 10,640,000 | 10,056,000 | 10,201,000 | 7,316,000 | 10,676,000 | 9,080,000 | 10,043,000 | 8,973,000 | 10,389,000 | 9,014,000 | 8,430,000 | |||
occupancy expense | 4,572,000 | 3,349,000 | 3,242,000 | 3,269,000 | 3,519,000 | 2,929,000 | 3,731,000 | 2,975,000 | 3,181,000 | 3,344,000 | 3,203,000 | 3,214,000 | 3,353,000 | 4,157,000 | 3,455,000 | 3,040,000 | 3,214,000 | 3,161,000 | 3,211,000 | 3,027,000 | 3,640,000 | 3,231,000 | 3,835,000 | 3,256,000 | 3,480,000 | 3,355,000 | 3,226,000 | 3,223,000 | 3,011,000 | 2,249,000 | 2,775,000 | |
furniture and equipment expense | 2,517,000 | 2,007,000 | 2,219,000 | 2,234,000 | 2,301,000 | 2,375,000 | 2,571,000 | 2,454,000 | 2,583,000 | 2,824,000 | 3,060,000 | 3,103,000 | 3,246,000 | 3,118,000 | 2,912,000 | 2,934,000 | 2,937,000 | 2,724,000 | 2,797,000 | 2,756,000 | 2,610,000 | 4,949,000 | 4,687,000 | 4,850,000 | 4,319,000 | 4,319,000 | 4,177,000 | 4,386,000 | 4,150,000 | 2,727,000 | 1,524,000 | |
data processing fees | 13,141,000 | 12,188,000 | 11,531,000 | 11,021,000 | 10,529,000 | 10,450,000 | 11,764,000 | 9,542,000 | 8,808,000 | 9,605,000 | 9,700,000 | 9,582,000 | 8,750,000 | 8,537,000 | 8,170,000 | 8,416,000 | 7,504,000 | 7,860,000 | 7,817,000 | 7,150,000 | 7,712,000 | 3,315,000 | 3,275,000 | 2,577,000 | 2,492,000 | 2,777,000 | 2,935,000 | 2,905,000 | 2,133,000 | 899,000 | ||
professional fees and services | 16,828,000 | 9,275,000 | 7,475,000 | 7,395,000 | 7,307,000 | 10,465,000 | 7,842,000 | 6,022,000 | 6,817,000 | 7,015,000 | 7,572,000 | 7,365,000 | 7,221,000 | 9,845,000 | 8,359,000 | 6,775,000 | 5,858,000 | 7,840,000 | 6,973,000 | 6,973,000 | 5,664,000 | 9,359,000 | 7,977,000 | 6,901,000 | 7,066,000 | 10,503,000 | 6,702,000 | 10,106,000 | 6,006,000 | 5,800,000 | ||
marketing | 1,556,000 | 1,744,000 | 1,507,000 | 1,295,000 | 1,528,000 | 1,949,000 | 1,464,000 | 1,164,000 | 1,741,000 | 1,716,000 | 1,197,000 | 1,239,000 | 1,319,000 | 1,404,000 | 1,595,000 | 1,019,000 | 1,317,000 | 1,718,000 | 1,574,000 | 1,290,000 | 1,491,000 | 1,752,000 | 1,454,000 | 1,136,000 | 1,486,000 | 1,468,000 | 1,604,000 | 1,455,000 | 1,226,000 | 705,000 | ||
insurance | 2,074,000 | 1,534,000 | 1,468,000 | 1,667,000 | 1,686,000 | 1,600,000 | 1,640,000 | 1,777,000 | 1,718,000 | 1,708,000 | 2,158,000 | 1,960,000 | 1,814,000 | 1,526,000 | 1,237,000 | 1,245,000 | 1,405,000 | 1,547,000 | 1,403,000 | 1,276,000 | 1,691,000 | 1,855,000 | 1,541,000 | 1,477,000 | 1,550,000 | 317,000 | 276,000 | 1,381,000 | 1,156,000 | 1,400,000 | ||
communication | 1,425,000 | 1,137,000 | 1,239,000 | 941,000 | 1,202,000 | 1,104,000 | 955,000 | 1,002,000 | 1,036,000 | 993,000 | 1,135,000 | 1,045,000 | 1,037,000 | 968,000 | 1,098,000 | 935,000 | 890,000 | 851,000 | 796,000 | 770,000 | 1,122,000 | 1,097,000 | 958,000 | 874,000 | 1,155,000 | 1,256,000 | 1,387,000 | 1,375,000 | 1,333,000 | 1,494,000 | ||
state tax expense | 1,367,000 | 1,181,000 | 1,182,000 | 1,350,000 | 1,186,000 | 1,145,000 | 1,116,000 | 1,129,000 | 1,110,000 | 1,158,000 | 1,125,000 | 1,096,000 | 1,278,000 | 1,040,000 | 1,186,000 | 1,167,000 | 1,192,000 | 931,000 | 1,113,000 | 1,103,000 | 1,108,000 | 605,000 | 1,125,000 | 1,116,000 | 1,145,000 | 1,024,000 | 746,000 | 1,054,000 | 1,005,000 | |||
amortization of intangible assets | 1,279,000 | 247,000 | 248,000 | 273,000 | 274,000 | 288,000 | 287,000 | 320,000 | 320,000 | 334,000 | 334,000 | 328,000 | 327,000 | 341,000 | 341,000 | 403,000 | 402,000 | 420,000 | 420,000 | 479,000 | 479,000 | 525,000 | 525,000 | 607,000 | 606,000 | 623,000 | 741,000 | 702,000 | ||||
miscellaneous | 3,131,000 | 3,954,000 | 816,000 | 1,864,000 | 1,900,000 | 3,553,000 | 3,779,000 | 2,977,000 | 2,621,000 | 3,066,000 | 2,977,000 | 2,766,000 | 2,471,000 | 2,986,000 | 2,764,000 | 2,863,000 | 1,634,000 | 2,053,000 | 2,312,000 | 2,217,000 | 2,251,000 | 848,000 | 2,174,000 | 1,395,000 | 4,505,000 | 5,713,000 | 2,842,000 | 2,498,000 | 2,283,000 | |||
total other expense | 105,159,000 | 87,777,000 | 79,463,000 | 78,977,000 | 78,164,000 | 83,241,000 | 85,681,000 | 75,189,000 | 77,228,000 | 79,043,000 | 77,808,000 | 75,885,000 | 76,503,000 | 77,654,000 | 82,903,000 | 70,048,000 | 67,373,000 | 75,764,000 | 68,489,000 | 71,400,000 | 67,865,000 | 85,661,000 | 69,859,000 | 66,276,000 | 71,231,000 | 65,738,000 | 70,192,000 | 56,827,000 | ||||
income before income taxes | 51,677,000 | 52,675,000 | 58,098,000 | 59,347,000 | 51,203,000 | 47,333,000 | 46,648,000 | 48,329,000 | 42,415,000 | 29,741,000 | 45,754,000 | 38,210,000 | 39,899,000 | 40,363,000 | 51,429,000 | 42,093,000 | 46,574,000 | 45,141,000 | 43,552,000 | 47,729,000 | 51,813,000 | 55,475,000 | 36,703,000 | 35,127,000 | 27,340,000 | 30,215,000 | 37,532,000 | 26,548,000 | 30,476,000 | 25,146,000 | 33,511,000 | |
income taxes | 9,990,000 | 10,036,000 | 10,940,000 | 11,228,000 | 9,046,000 | 8,703,000 | 8,431,000 | 8,960,000 | 7,211,000 | 5,241,000 | 8,837,000 | 6,626,000 | 6,166,000 | 7,279,000 | 9,361,000 | 7,769,000 | 7,699,000 | 8,593,000 | 8,118,000 | 8,597,000 | 8,982,000 | 10,275,000 | 5,857,000 | 5,622,000 | 4,968,000 | 6,279,000 | 6,386,000 | 4,385,000 | 5,021,000 | 6,260,000 | 10,001,000 | |
net income | 41,687,000 | 42,639,000 | 47,158,000 | 48,119,000 | 42,157,000 | 38,630,000 | 38,217,000 | 39,369,000 | 35,204,000 | 24,500,000 | 36,917,000 | 31,584,000 | 33,733,000 | 33,084,000 | 42,068,000 | 34,324,000 | 38,875,000 | 36,548,000 | 35,434,000 | 39,132,000 | 42,831,000 | 45,200,000 | 30,846,000 | 29,505,000 | 22,372,000 | 23,936,000 | 31,146,000 | 22,163,000 | 25,455,000 | 18,886,000 | 23,510,000 | |
yoy | -1.11% | 10.38% | 23.40% | 22.23% | 19.75% | 57.67% | 3.52% | 24.65% | 4.36% | -25.95% | -12.24% | -7.98% | -13.23% | -9.48% | 18.72% | -12.29% | -9.24% | -19.14% | 14.87% | 32.63% | 91.45% | 88.84% | -0.96% | 33.13% | -12.11% | 26.74% | 32.48% | |||||
qoq | -2.23% | -9.58% | -2.00% | 14.14% | 9.13% | 1.08% | -2.93% | 11.83% | 43.69% | -33.63% | 16.89% | -6.37% | 1.96% | -21.36% | 22.56% | -11.71% | 6.37% | 3.14% | -9.45% | -8.64% | -5.24% | 46.53% | 4.54% | 31.88% | -6.53% | -23.15% | 40.53% | -12.93% | 34.78% | -19.67% | ||
earnings per common share: | ||||||||||||||||||||||||||||||||
basic | 2,400 | 2,650 | 2,930 | 2,980 | 2,610 | 2,390 | 2,370 | 2,440 | 2,180 | 1,520 | 2,290 | 1,950 | 2,080 | 2,030 | 2,590 | 2,110 | 2,400 | 2,250 | 2,170 | 2,390 | 2,630 | 2,780 | 1,890 | 1,810 | 1,370 | 1,470 | 1,900 | 1,340 | 1,630 | |||
diluted | 2,390 | 2,630 | 2,920 | 2,970 | 2,600 | 2,370 | 2,350 | 2,420 | 2,170 | 1,510 | 2,280 | 1,940 | 2,070 | 2,010 | 2,570 | 2,100 | 2,380 | 2,230 | 2,160 | 2,380 | 2,610 | 2,760 | 1,880 | 1,800 | 1,360 | 1,450 | 1,890 | 1,330 | 1,620 | |||
weighted-average common shares outstanding: | ||||||||||||||||||||||||||||||||
basic | 17,381,922,000 | 16,071,347,000 | 16,129,951,000 | 16,159,342,000 | 16,151,640,000 | 16,149,523,000 | 16,116,842,000 | 16,133,310,000 | 16,165,119,000 | 16,242,353,000 | 16,253,704,000 | 16,249,307,000 | 16,219,889,000 | 16,292,312,000 | 16,340,690,000 | 16,314,987,000 | 16,300,720,000 | 16,296,427,000 | 16,303,602,000 | 16,382,798,000 | 16,560,545,000 | 15,651,541,000 | 15,405,902,000 | 14,506,926 | ||||||||
diluted | 17,457,573,000 | 16,173,271,000 | 16,215,565,000 | 16,238,701,000 | 16,264,393,000 | 16,239,617,000 | 16,191,065,000 | 16,217,880,000 | 16,240,600,000 | 16,324,823,000 | 16,374,982,000 | 16,361,246,000 | 16,331,031,000 | 16,423,912,000 | 16,472,800,000 | 16,439,920,000 | 16,393,792,000 | 16,375,434,000 | 16,425,881,000 | 16,475,741,000 | 16,642,571,000 | 15,744,777,000 | 15,405,902,000 | 14,507,895 | ||||||||
regular cash dividends declared per common share | 1,100 | 802.5 | 1,070 | 1,070 | 1,070 | 795 | 1,060 | 1,060 | 1,060 | 787.5 | 1,050 | 1,050 | 1,050 | 780 | 1,040 | 1,040 | ||||||||||||||||
foundation contributions | 2,000,000 | |||||||||||||||||||||||||||||||
foundation contribution | 1,000,000 | 4,000,000 | 1,000,000 | 4,000,000 | ||||||||||||||||||||||||||||
special cash dividends declared per common share | ||||||||||||||||||||||||||||||||
quarterly cash dividends declared per common share | 1,040 | |||||||||||||||||||||||||||||||
cash dividends declared per common share | 822.5 | 1,030 | 1,030 | 1,230 | 815 | 1,020 | 1,020 | 1,220 | ||||||||||||||||||||||||
fhlb prepayment penalty | ||||||||||||||||||||||||||||||||
interest and dividend income: | ||||||||||||||||||||||||||||||||
interest and fees on loans | 80,155,000 | 83,479,000 | ||||||||||||||||||||||||||||||
interest and dividends on: | ||||||||||||||||||||||||||||||||
obligations of u.s. government, its agencies and other securities - taxable | 5,026,000 | |||||||||||||||||||||||||||||||
obligations of states and political subdivisions - tax-exempt | 2,151,000 | |||||||||||||||||||||||||||||||
other interest income | 113,000 | 286,000 | ||||||||||||||||||||||||||||||
total interest and dividend income | 87,445,000 | |||||||||||||||||||||||||||||||
interest expense: | ||||||||||||||||||||||||||||||||
interest on deposits: | ||||||||||||||||||||||||||||||||
demand and savings deposits | 1,507,000 | 10,530,000 | ||||||||||||||||||||||||||||||
time deposits | 3,346,000 | 21,228,000 | ||||||||||||||||||||||||||||||
interest on borrowings: | ||||||||||||||||||||||||||||||||
short-term borrowings | 233,000 | 4,254,000 | 392,760,000 | |||||||||||||||||||||||||||||
long-term debt | 1,173,000 | 6,403,000 | 540,835,000 | |||||||||||||||||||||||||||||
total interest expense | 6,259,000 | 42,415,000 | ||||||||||||||||||||||||||||||
net interest income | 81,186,000 | 60,410,000 | ||||||||||||||||||||||||||||||
benefit from loan losses | 12,224,000 | 2,881,000 | ||||||||||||||||||||||||||||||
net interest income after benefit from loan losses | 68,962,000 | 57,529,000 | ||||||||||||||||||||||||||||||
other income: | ||||||||||||||||||||||||||||||||
income from fiduciary activities | 6,793,000 | 3,571,000 | ||||||||||||||||||||||||||||||
service charges on deposit accounts | 1,676,000 | 5,947,000 | ||||||||||||||||||||||||||||||
other service income | 8,758,000 | 2,763,000 | ||||||||||||||||||||||||||||||
debit card fee income | 5,560,000 | |||||||||||||||||||||||||||||||
bank owned life insurance income | 1,179,000 | |||||||||||||||||||||||||||||||
atm fees | 438,000 | |||||||||||||||||||||||||||||||
gain on sale of oreo | 841,000 | |||||||||||||||||||||||||||||||
net gain on the sale of debt securities | 3,313,000 | |||||||||||||||||||||||||||||||
gain on equity securities | -977,000 | |||||||||||||||||||||||||||||||
other components of net periodic pension benefit income | 1,988,000 | |||||||||||||||||||||||||||||||
total other income | 30,964,000 | 45,804,000 | 18,462,000 | |||||||||||||||||||||||||||||
weighted-average common shares outstanding | ||||||||||||||||||||||||||||||||
basic | 17,381,922,000 | 16,071,347,000 | 16,129,951,000 | 16,159,342,000 | 16,151,640,000 | 16,149,523,000 | 16,116,842,000 | 16,133,310,000 | 16,165,119,000 | 16,242,353,000 | 16,253,704,000 | 16,249,307,000 | 16,219,889,000 | 16,292,312,000 | 16,340,690,000 | 16,314,987,000 | 16,300,720,000 | 16,296,427,000 | 16,303,602,000 | 16,382,798,000 | 16,560,545,000 | 15,651,541,000 | 15,405,902,000 | 14,506,926 | ||||||||
diluted | 17,457,573,000 | 16,173,271,000 | 16,215,565,000 | 16,238,701,000 | 16,264,393,000 | 16,239,617,000 | 16,191,065,000 | 16,217,880,000 | 16,240,600,000 | 16,324,823,000 | 16,374,982,000 | 16,361,246,000 | 16,331,031,000 | 16,423,912,000 | 16,472,800,000 | 16,439,920,000 | 16,393,792,000 | 16,375,434,000 | 16,425,881,000 | 16,475,741,000 | 16,642,571,000 | 15,744,777,000 | 15,405,902,000 | 14,507,895 | ||||||||
cash dividends declared | 807.5 | 1,010 | 1,010 | 1,210 | 940 | 0.93 | ||||||||||||||||||||||||||
amortization of intangibles | 289,000 | 140,000 | ||||||||||||||||||||||||||||||
salaries and employee benefits | 22,813,000 | 24,168,000 | ||||||||||||||||||||||||||||||
loan put provision | 2,701,000 | |||||||||||||||||||||||||||||||
other income | 4,876,000 | 14,013,000 | ||||||||||||||||||||||||||||||
preferred stock dividends and accretion | 1,948,000 | |||||||||||||||||||||||||||||||
net income available to common shareholders | 16,938,000 | |||||||||||||||||||||||||||||||
per common share: | ||||||||||||||||||||||||||||||||
basic | 1,100 | |||||||||||||||||||||||||||||||
diluted | 1,100 | |||||||||||||||||||||||||||||||
interest and dividends income: | ||||||||||||||||||||||||||||||||
obligations of u.s. government, its agencies and other securities | 18,278,000 | |||||||||||||||||||||||||||||||
obligations of states and political subdivisions | 782,000 | |||||||||||||||||||||||||||||||
total interest and dividends income | 102,825,000 | |||||||||||||||||||||||||||||||
other | 6,181,000 | |||||||||||||||||||||||||||||||
gain on sale of securities | ||||||||||||||||||||||||||||||||
per share: | ||||||||||||||||||||||||||||||||
net income: | ||||||||||||||||||||||||||||||||
basic | 1.62 | |||||||||||||||||||||||||||||||
diluted | 1.62 | |||||||||||||||||||||||||||||||
weighted-average | ||||||||||||||||||||||||||||||||
basic | 17,381,922,000 | 16,071,347,000 | 16,129,951,000 | 16,159,342,000 | 16,151,640,000 | 16,149,523,000 | 16,116,842,000 | 16,133,310,000 | 16,165,119,000 | 16,242,353,000 | 16,253,704,000 | 16,249,307,000 | 16,219,889,000 | 16,292,312,000 | 16,340,690,000 | 16,314,987,000 | 16,300,720,000 | 16,296,427,000 | 16,303,602,000 | 16,382,798,000 | 16,560,545,000 | 15,651,541,000 | 15,405,902,000 | 14,506,926 | ||||||||
diluted | 17,457,573,000 | 16,173,271,000 | 16,215,565,000 | 16,238,701,000 | 16,264,393,000 | 16,239,617,000 | 16,191,065,000 | 16,217,880,000 | 16,240,600,000 | 16,324,823,000 | 16,374,982,000 | 16,361,246,000 | 16,331,031,000 | 16,423,912,000 | 16,472,800,000 | 16,439,920,000 | 16,393,792,000 | 16,375,434,000 | 16,425,881,000 | 16,475,741,000 | 16,642,571,000 | 15,744,777,000 | 15,405,902,000 | 14,507,895 | ||||||||
decrease in net interest income | ||||||||||||||||||||||||||||||||
increase in benefit from loan losses | ||||||||||||||||||||||||||||||||
increase in other income | 874,000 | |||||||||||||||||||||||||||||||
decrease in gain on sale of securities | ||||||||||||||||||||||||||||||||
increase in operating expenses | ||||||||||||||||||||||||||||||||
decrease in income before taxes | ||||||||||||||||||||||||||||||||
decrease in federal income taxes | 592,000 | |||||||||||||||||||||||||||||||
decrease in net income | ||||||||||||||||||||||||||||||||
loans | 3,337,351,000 | |||||||||||||||||||||||||||||||
taxable investments | 1,554,684,000 | |||||||||||||||||||||||||||||||
tax exempt investments | 79,814,000 | |||||||||||||||||||||||||||||||
money market instruments | 7,457,000 | |||||||||||||||||||||||||||||||
interest earning assets | 4,979,306,000 | |||||||||||||||||||||||||||||||
interest bearing deposits | 3,160,283,000 | |||||||||||||||||||||||||||||||
interest bearing liabilities | 4,093,878,000 | |||||||||||||||||||||||||||||||
excess interest earning assets | 885,428,000 | |||||||||||||||||||||||||||||||
net interest spread | 3,870 | |||||||||||||||||||||||||||||||
net interest margin | 4,380 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-09-30 | 2012-06-30 | 2012-02-16 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 |
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assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and due from banks | 152,342,000 | 121,559,000 | 147,917,000 | 154,536,000 | 147,338,000 | 142,593,000 | 112,117,000 | 140,252,000 | 159,552,000 | 146,155,000 | 149,136,000 | 171,114,000 | 159,858,000 | 127,685,000 | 134,182,000 | 131,357,000 | 110,774,000 | 145,062,000 | 190,353,000 | 160,589,000 | 116,870,000 | 106,578,000 | 122,915,000 | 110,163,000 | 118,884,000 | 128,420,000 | 106,529,000 | 117,457,000 | 119,873,000 | 105,664,000 | 102,928,000 | 127,501,000 | 101,760,000 | 141,020,000 | 120,100,000 | 135,440,000 | 117,910,000 | 99,976,000 | 114,186,000 | 132,561,000 | 20,711,000 | 6,766 | 132,988,000 | 131,604,000 | 111,472,000 | 115,795,000 | 126,222,000 | 127,079,000 | 107,053,000 | 108,523,000 | 161,591,000 | 184,259,000 | 176,350,000 | 154,472,000 | 167,755,000 | 169,192,000 | 150,251,000 | 170,603,000 | 146,389,000 | ||||||||||||
money market instruments | 830,795,000 | 97,347,000 | 45,202,000 | 83,078,000 | 54,345,000 | 118,872,000 | 193,964,000 | 83,366,000 | 70,845,000 | 115,764,000 | 58,297,000 | 75,327,000 | 87,034,000 | 749,710,000 | 673,242,000 | 811,918,000 | 135,935,000 | 175,858,000 | 182,373,000 | 98,916,000 | 70,609,000 | 38,026,000 | 23,244,000 | 166,418,000 | 331,468,000 | 282,659,000 | 285,243,000 | 122,541,000 | 196,016,000 | 212,239,000 | 279,327,000 | 276,785,000 | 201,526,000 | 55,946,000 | 208,637,000 | 179,434,000 | 236,016,000 | 420,536,000 | 167,109,000 | 75,501,000 | 139,109,000 | 85,512,000 | 22,775,000 | 17,791,000 | 75,323,000 | 10,583,000 | 23,959,000 | 17,843,000 | 22,378,000 | 10,325,000 | 8,546,000 | 11,991,000 | 16,010,000 | 28,938,000 | 5,541,000 | 25,091,000 | 10,052,000 | ||||||||||||||
cash and cash equivalents | 983,137,000 | 218,906,000 | 193,119,000 | 237,614,000 | 201,683,000 | 261,465,000 | 306,081,000 | 223,618,000 | 230,397,000 | 261,919,000 | 207,433,000 | 246,441,000 | 246,892,000 | 877,395,000 | 807,424,000 | 943,275,000 | 246,709,000 | 320,920,000 | 372,726,000 | 259,505,000 | 187,479,000 | 144,604,000 | 146,159,000 | 276,581,000 | 450,352,000 | 411,079,000 | 391,772,000 | 239,998,000 | 315,889,000 | 317,903,000 | 382,255,000 | 404,286,000 | 303,286,000 | 196,966,000 | 328,737,000 | 314,874,000 | 353,926,000 | 520,512,000 | 281,295,000 | 208,062,000 | 272,097,000 | 217,116,000 | 134,247,000 | 133,586,000 | 201,545,000 | 137,662,000 | 131,012,000 | 126,366,000 | 183,969,000 | 194,584,000 | 184,896,000 | 166,463,000 | 183,765,000 | 198,130,000 | |||||||||||||||||
investment securities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt securities available-for-sale, at fair value | 1,239,728,000 | 817,713,000 | 954,510,000 | 938,239,000 | 1,129,875,000 | 1,170,706,000 | 1,248,787,000 | 1,609,156,000 | 1,668,864,000 | 1,714,440,000 | 1,742,123,000 | 1,839,103,000 | 1,757,147,000 | 1,553,218,000 | 1,404,268,000 | 1,115,284,000 | 1,032,814,000 | 1,184,399,000 | 1,260,286,000 | 978,825,000 | 977,990,000 | 1,032,265,000 | 1,091,678,000 | 1,046,910,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other investment securities | 127,227,000 | 109,221,000 | 108,016,000 | 103,924,000 | 103,422,000 | 94,152,000 | 90,960,000 | 99,671,000 | 88,089,000 | 85,970,000 | 85,945,000 | 81,621,000 | 75,127,000 | 56,085,000 | 57,648,000 | 60,956,000 | 64,784,000 | 68,688,000 | 68,644,000 | 67,330,000 | 53,152,000 | 56,104,000 | 70,129,000 | 69,824,000 | 61,811,000 | 61,811,000 | 61,811,000 | 58,311,000 | 58,311,000 | 58,311,000 | 58,311,000 | 58,311,000 | 58,311,000 | 58,311,000 | 58,311,000 | 65,907,000 | 65,907,000 | 65,907,000 | 65,907,000 | 66,285,000 | 67,892,000 | 68,158,000 | 68,699,000 | 68,808,000 | 68,919,000 | 68,919,000 | 68,919,000 | 68,919,000 | 68,804,000 | 67,556,000 | 64,620,000 | 63,345,000 | 63,345,000 | 63,345,000 | 60,312,000 | 59,535,000 | 58,777,000 | ||||||||||||||
total investment securities | 1,366,955,000 | 926,934,000 | 1,062,526,000 | 1,042,163,000 | 1,233,297,000 | 1,264,858,000 | 1,339,747,000 | 1,708,827,000 | 1,756,953,000 | 1,800,410,000 | 1,828,068,000 | 1,920,724,000 | 1,832,274,000 | 1,609,303,000 | 1,461,916,000 | 1,176,240,000 | 1,097,598,000 | 1,253,087,000 | 1,328,930,000 | 1,396,530,000 | 1,382,301,000 | 1,439,011,000 | 1,513,238,000 | 1,464,356,000 | 1,571,038,000 | 1,579,934,000 | 1,565,668,000 | 1,478,255,000 | 1,548,006,000 | 1,601,767,000 | 1,469,284,000 | 1,550,103,000 | 1,472,625,000 | 1,417,910,000 | 1,416,624,000 | 1,389,387,000 | 1,345,069,000 | 1,352,408,000 | 1,653,381,000 | 1,688,654,000 | 1,708,631,000 | 1,960,866,000 | 2,045,656,000 | 1,896,969,000 | 1,845,594,000 | ||||||||||||||||||||||||||
loans | 9,667,260,000 | 7,992,753,000 | 7,963,221,000 | 7,883,735,000 | 7,730,984,000 | 7,664,377,000 | 7,525,005,000 | 7,349,745,000 | 7,208,109,000 | 7,093,857,000 | 7,103,246,000 | 6,958,685,000 | 6,821,606,000 | 6,908,417,000 | 7,035,646,000 | 7,168,745,000 | 7,278,546,000 | 6,522,519,000 | 6,403,647,000 | 6,376,737,000 | 5,740,760,000 | 5,625,323,000 | 5,324,974,000 | 5,292,349,000 | 5,365,877,000 | 5,365,437,000 | 5,313,641,000 | 5,187,004,000 | 5,127,644,000 | 5,062,185,000 | 4,999,912,000 | 4,900,974,000 | 4,770,433,000 | 4,735,487,000 | 4,623,926,000 | 4,573,537,000 | 4,510,716,000 | 4,443,523,000 | 4,400,510,000 | 4,386,851,000 | 355,750,000 | 369,044 | 4,680,575,000 | 4,710,513,000 | 4,750,975,000 | 4,656,902,000 | 4,655,997,000 | 4,615,101,000 | 4,620,026,000 | 4,561,508,000 | 4,466,671,000 | 4,366,029,000 | 4,253,363,000 | 4,174,652,000 | 4,125,487,000 | 4,088,683,000 | 3,390,477,000 | 3,368,095,000 | 3,318,314,000 | ||||||||||||
allowance for credit losses | -108,590,000 | -91,758,000 | -89,785,000 | -88,130,000 | -87,237,000 | -86,575,000 | -85,084,000 | -84,602,000 | -87,206,000 | -85,946,000 | -83,961,000 | -81,448,000 | -78,861,000 | -88,129,000 | -83,577,000 | -86,886,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loans | 9,558,670,000 | 7,900,995,000 | 7,873,436,000 | 7,795,605,000 | 7,643,747,000 | 7,577,802,000 | 7,439,921,000 | 7,265,143,000 | 7,120,903,000 | 7,007,911,000 | 7,019,285,000 | 6,877,237,000 | 6,742,745,000 | 6,820,288,000 | 6,952,069,000 | 7,081,859,000 | 7,191,508,000 | 6,461,016,000 | 6,347,794,000 | 6,322,734,000 | 5,687,392,000 | 5,575,077,000 | 5,275,522,000 | 5,243,380,000 | 5,310,645,000 | 5,311,615,000 | 5,263,719,000 | 5,133,442,000 | 5,068,945,000 | 5,005,237,000 | 4,941,429,000 | 4,843,547,000 | 4,712,759,000 | 4,677,576,000 | 4,563,669,000 | 4,515,643,000 | 4,455,605,000 | 4,388,208,000 | 4,344,945,000 | 4,328,155,000 | 342,650,000 | 355,944 | 4,580,327,000 | 4,600,326,000 | 4,624,116,000 | 4,539,497,000 | 4,535,321,000 | 4,505,061,000 | 4,515,222,000 | 4,460,229,000 | 4,377,476,000 | 4,279,984,000 | 4,167,515,000 | 4,094,806,000 | 4,045,582,000 | 4,008,844,000 | 3,320,779,000 | 3,298,397,000 | 3,248,619,000 | ||||||||||||
bank owned life insurance | 279,749,000 | 240,722,000 | 240,370,000 | 240,652,000 | 235,434,000 | 241,414,000 | 233,245,000 | 225,142,000 | 224,248,000 | 223,528,000 | 219,909,000 | 219,579,000 | 224,100,000 | 215,401,000 | 218,128,000 | 216,716,000 | 215,214,000 | 213,776,000 | 208,594,000 | 207,487,000 | 188,839,000 | 190,290,000 | 190,245,000 | 188,952,000 | 188,254,000 | 187,644,000 | 186,263,000 | 184,181,000 | 183,143,000 | 182,116,000 | 180,739,000 | 179,979,000 | 171,042,000 | 170,828,000 | 169,802,000 | 168,156,000 | 167,740,000 | 166,651,000 | 159,880,000 | 158,696,000 | 153,159,000 | 151,930,000 | 150,683,000 | 145,254,000 | 143,941,000 | 136,555,000 | 135,258,000 | 133,992,000 | 131,248,000 | 129,980,000 | 128,726,000 | 119,206,000 | 118,037,000 | 117,025,000 | 112,400,000 | 111,413,000 | 110,631,000 | ||||||||||||||
prepaid assets | 202,027,000 | 196,177,000 | 193,999,000 | 192,451,000 | 194,734,000 | 169,931,000 | 167,488,000 | 158,124,000 | 158,482,000 | 157,426,000 | 158,301,000 | 152,573,000 | 147,486,000 | 116,228,000 | 115,010,000 | 110,629,000 | 114,548,000 | 107,042,000 | 99,939,000 | 99,025,000 | 98,675,000 | 99,772,000 | 100,551,000 | 101,635,000 | 95,717,000 | 94,692,000 | 94,536,000 | 87,973,000 | 85,962,000 | 85,373,000 | 82,949,000 | 81,950,000 | |||||||||||||||||||||||||||||||||||||||
goodwill | 263,424,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 159,595,000 | 157,999,000 | 158,057,000 | 112,739,000 | 72,334,000 | 72,334,000 | 72,334,000 | 72,334,000 | 72,334,000 | 72,334,000 | 72,334,000 | 72,334,000 | 72,334,000 | 72,334,000 | 72,334,000 | 72,334,000 | 72,334,000 | |||||||||||||||||||||||||||||||||||||
other intangible assets | 39,141,000 | 2,642,000 | 2,890,000 | 3,163,000 | 3,725,000 | 4,012,000 | 4,332,000 | 4,986,000 | 5,320,000 | 5,648,000 | 6,316,000 | 6,657,000 | 7,060,000 | 7,882,000 | 8,302,000 | 8,781,000 | 9,785,000 | 10,917,000 | 15,490,000 | 16,231,000 | 6,682,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
premises and equipment | 93,126,000 | 62,182,000 | 64,205,000 | 66,327,000 | 70,939,000 | 72,131,000 | 73,818,000 | 77,331,000 | 78,933,000 | 81,223,000 | 84,669,000 | 85,531,000 | 87,423,000 | 88,909,000 | 89,570,000 | 89,533,000 | 85,287,000 | 77,330,000 | 72,779,000 | 72,129,000 | 60,506,000 | 57,515,000 | 55,555,000 | 56,239,000 | 56,179,000 | 56,108,000 | 57,220,000 | 58,361,000 | 58,962,000 | 59,025,000 | 59,581,000 | 58,725,000 | 54,654,000 | 54,884,000 | 55,580,000 | 56,116,000 | |||||||||||||||||||||||||||||||||||
affordable housing tax credit investments | 67,672,000 | 71,251,000 | 72,526,000 | 63,802,000 | 67,287,000 | 68,426,000 | 60,565,000 | 64,676,000 | 56,774,000 | 58,871,000 | 62,771,000 | 54,751,000 | 56,731,000 | 60,457,000 | 62,312,000 | 54,168,000 | 57,583,000 | 51,241,000 | 54,909,000 | 56,722,000 | 48,535,000 | 52,116,000 | 45,967,000 | 47,818,000 | 54,355,000 | 56,219,000 | 51,083,000 | 54,757,000 | 47,576,000 | 49,411,000 | 52,731,000 | 54,457,000 | |||||||||||||||||||||||||||||||||||||||
oreo | 24,458,000 | 638,000 | 638,000 | 119,000 | 1,119,000 | 1,210,000 | 1,674,000 | 1,354,000 | 2,267,000 | 1,468,000 | 1,354,000 | 1,354,000 | 760,000 | 813,000 | 813,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued interest receivable | 43,865,000 | 35,204,000 | 36,105,000 | 34,752,000 | 36,869,000 | 39,024,000 | 38,052,000 | 39,101,000 | 36,416,000 | 33,245,000 | 29,144,000 | 26,457,000 | 23,054,000 | 23,628,000 | 23,054,000 | 23,562,000 | 26,492,000 | 23,406,000 | 24,721,000 | 26,295,000 | 24,299,000 | 23,907,000 | 21,970,000 | 20,369,000 | 21,246,000 | 19,274,000 | 18,628,000 | 17,951,000 | 17,497,000 | 17,415,000 | 18,976,000 | 17,825,000 | 18,210,000 | 17,838,000 | 17,391,000 | 17,954,000 | 18,840,000 | 18,571,000 | 20,135,000 | 20,219,000 | 21,990,000 | 22,624,000 | 25,083,000 | 29,242,000 | 26,723,000 | ||||||||||||||||||||||||||
operating lease rou asset | 17,442,000 | 15,886,000 | 16,146,000 | 16,334,000 | 16,169,000 | 17,224,000 | 15,786,000 | 16,349,000 | 16,609,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loan servicing rights | 13,623,000 | 13,667,000 | 13,729,000 | 13,760,000 | 14,063,000 | 14,271,000 | 14,435,000 | 14,960,000 | 15,237,000 | 15,505,000 | 16,191,000 | 16,470,000 | 15,704,000 | 14,556,000 | 14,316,000 | 13,635,000 | 11,040,000 | 8,768,000 | 9,960,000 | 10,104,000 | 10,082,000 | 10,096,000 | 10,077,000 | 9,969,000 | 9,479,000 | 9,476,000 | 9,321,000 | 8,745,000 | 8,880,000 | 8,949,000 | 8,812,000 | 8,561,000 | 8,632,000 | 8,662,000 | 8,778,000 | 9,132,000 | 8,260,000 | 8,121,000 | 8,346,000 | 8,809,000 | 10,069,000 | 10,259,000 | 10,365,000 | 10,573,000 | 10,922,000 | 10,543,000 | 9,928,000 | 8,762,000 | |||||||||||||||||||||||
other | 30,678,000 | 17,269,000 | 20,294,000 | 20,275,000 | 24,388,000 | 28,420,000 | 26,338,000 | 41,708,000 | 37,417,000 | 33,082,000 | 46,475,000 | 36,666,000 | 19,731,000 | 26,137,000 | 21,748,000 | 21,055,000 | 5,800,000 | 7,856,000 | 11,578,000 | 14,011,000 | 40,088,000 | 38,828,000 | 24,809,000 | 28,282,000 | 18,730,000 | 18,836,000 | 20,453,000 | 13,154,000 | 6,850,000 | 10,910,000 | 11,114,000 | 15,926,000 | 151,939,000 | 148,266,000 | 143,045,000 | 126,883,000 | 126,103,000 | 127,108,000 | 122,097,000 | 129,345,000 | 161,501,000 | 170,699,000 | 153,739,000 | 132,898,000 | 133,646,000 | ||||||||||||||||||||||||||
total assets | 12,983,967,000 | 1,367,631,000 | 9,862,068,000 | 9,949,578,000 | 9,886,612,000 | 1,451,656,000 | 9,903,049,000 | 9,919,783,000 | 9,881,077,000 | 1,352,433,000 | 10,000,914,000 | 9,899,551,000 | 9,856,981,000 | 1,279,103,000 | 9,855,047,000 | 9,826,670,000 | 9,576,352,000 | 1,309,323,000 | 10,034,018,000 | 9,947,994,000 | 9,914,069,000 | 1,273,399,000 | 9,240,006,000 | 8,719,291,000 | 1,045,614,000 | 8,723,610,000 | 8,657,453,000 | 7,852,246,000 | 7,756,491,000 | 7,462,156,000 | 7,518,970,000 | 7,862,695,000 | 7,832,092,000 | 7,744,690,000 | 7,364,092,000 | 7,431,610,000 | 7,428,185,000 | 7,300,340,000 | 7,309,569,000 | 7,013,272,000 | 6,789,173,000 | 6,811,072,000 | 6,705,891,000 | 6,640,473,000 | 6,747,155,000 | 6,752,938,000 | 6,705,574,000 | 7,099,688,000 | 7,328,686,000 | 7,338,403,000 | 7,090,456,000 | 7,093,098,000 | 6,970,678,000 | 7,007,610,000 | 7,059,175,000 | 6,799,733,000 | 6,820,233,000 | 6,781,365,000 | 6,511,136,000 | 6,243,566,000 | 6,308,055,000 | 5,393,333,000 | 5,412,447,000 | 5,444,445,000 | |||||||
liabilities and shareholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest bearing | 3,058,631,000 | 2,601,666,000 | 2,620,106,000 | 2,637,577,000 | 2,516,722,000 | 2,542,446,000 | 2,587,152,000 | 2,732,504,000 | 2,796,009,000 | 2,922,242,000 | 3,138,417,000 | 3,057,977,000 | 3,055,614,000 | 2,981,928,000 | 2,876,110,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest bearing | 7,941,869,000 | 5,728,258,000 | 5,617,660,000 | 5,564,118,000 | 5,697,949,000 | 5,770,059,000 | 5,718,880,000 | 5,512,220,000 | 5,562,967,000 | 5,372,202,000 | 5,171,510,000 | 5,239,677,000 | 4,940,704,000 | 5,382,457,000 | 5,338,514,000 | 5,329,179,000 | 4,896,494,000 | 5,313,568,000 | 5,226,565,000 | 5,125,093,000 | 4,557,616,000 | 4,552,116,000 | 4,423,882,000 | 4,466,094,000 | 4,406,145,000 | 4,416,297,000 | 4,372,197,000 | 4,090,635,000 | 4,245,826,000 | 4,246,185,000 | 4,166,232,000 | 4,213,102,000 | 3,953,013,000 | 3,763,923,000 | 3,797,641,000 | 3,741,498,000 | 3,755,860,000 | 3,796,639,000 | 3,749,617,000 | 3,788,023,000 | 4,088,218,000 | 4,273,357,000 | 4,359,673,000 | 4,190,411,000 | 4,283,902,000 | 4,297,079,000 | 4,240,465,000 | 4,173,619,000 | 4,048,650,000 | 3,767,469,000 | 3,808,605,000 | 3,842,423,000 | 3,834,646,000 | 3,833,647,000 | 3,202,938,000 | 3,163,531,000 | 3,179,250,000 | ||||||||||||||
total deposits | 11,000,500,000 | 8,329,924,000 | 8,237,766,000 | 8,201,695,000 | 8,214,671,000 | 8,312,505,000 | 8,306,032,000 | 8,244,724,000 | 8,358,976,000 | 8,294,444,000 | 8,309,927,000 | 8,297,654,000 | 7,996,318,000 | 8,364,385,000 | 8,214,624,000 | 8,236,199,000 | 7,475,829,000 | 7,290,133,000 | 7,168,259,000 | 7,032,120,000 | 6,325,212,000 | 6,279,326,000 | 6,015,844,000 | 6,084,294,000 | 5,974,322,000 | 5,961,576,000 | 5,920,560,000 | 5,519,659,000 | 5,623,879,000 | 5,606,790,000 | 5,454,982,000 | 5,512,366,000 | 5,129,004,000 | 4,927,211,000 | 4,976,698,000 | 4,850,692,000 | 4,851,314,000 | 4,916,541,000 | 4,793,077,000 | 4,822,975,000 | 5,089,187,000 | 5,257,517,000 | 5,314,678,000 | 5,100,030,000 | 5,168,814,000 | 5,114,976,000 | 5,053,424,000 | 4,920,213,000 | 4,774,509,000 | 4,531,874,000 | 4,519,756,000 | 4,535,172,000 | 4,540,448,000 | 4,552,476,000 | 3,889,439,000 | 3,849,076,000 | 3,833,939,000 | ||||||||||||||
short-term borrowings | 135,176,000 | 78,126,000 | 95,670,000 | 80,977,000 | 117,442,000 | 94,478,000 | 105,859,000 | 352,786,000 | 143,914,000 | 172,058,000 | 189,493,000 | 171,799,000 | 205,927,000 | 235,979,000 | 285,861,000 | 305,385,000 | 320,435,000 | 193,373,000 | 185,838,000 | 180,578,000 | 212,569,000 | 179,818,000 | 216,139,000 | 184,090,000 | 192,896,000 | 183,788,000 | 219,863,000 | 218,214,000 | 210,731,000 | 219,643,000 | 278,324,000 | 238,618,000 | 268,718,000 | 250,689,000 | 251,894,000 | 272,505,000 | 223,489,000 | 244,002,000 | 275,908,000 | 240,602,000 | 243,071,000 | 234,112,000 | 316,719,000 | 285,657,000 | 280,757,000 | 345,167,000 | 458,529,000 | 485,311,000 | 580,306,000 | 722,460,000 | 753,953,000 | 711,123,000 | 472,720,000 | 388,781,000 | 413,605,000 | 434,550,000 | 410,440,000 | ||||||||||||||
subordinated notes | 15,000,000 | 189,912,000 | 189,780,000 | 189,651,000 | 189,522,000 | 189,396,000 | 189,271,000 | 189,147,000 | 189,025,000 | 188,904,000 | 188,785,000 | 188,667,000 | 188,551,000 | 188,435,000 | 188,322,000 | 188,210,000 | 188,099,000 | 187,989,000 | 187,881,000 | 187,774,000 | 187,668,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 45,000,000 | 45,000,000 | 45,000,000 | 45,000,000 | 45,000,000 | 45,000,000 | ||||||||||||||||||||||||||||||||||
unfunded commitments in affordable housing tax credit investments | 21,845,000 | 28,319,000 | 33,281,000 | 24,909,000 | 31,688,000 | 31,468,000 | 24,674,000 | 31,553,000 | 22,556,000 | 26,723,000 | 28,480,000 | 21,232,000 | 21,232,000 | 33,116,000 | 33,204,000 | 23,204,000 | 31,593,000 | 23,348,000 | 28,439,000 | 28,648,000 | 19,624,000 | 22,282,000 | 14,282,000 | 14,282,000 | 21,282,000 | 21,282,000 | 14,282,000 | 24,756,000 | 15,995,000 | 17,464,000 | 21,339,000 | 21,339,000 | |||||||||||||||||||||||||||||||||||||||
operating lease liability | 18,877,000 | 17,280,000 | 17,519,000 | 17,660,000 | 17,282,000 | 17,898,000 | 16,510,000 | 17,426,000 | 17,917,000 | 18,651,000 | 16,414,000 | 17,067,000 | 13,568,000 | 14,480,000 | 14,801,000 | 15,359,000 | 19,127,000 | 21,482,000 | 15,191,000 | 15,576,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for credit losses on off-balance sheet commitments | 5,554,000 | 4,556,000 | 5,064,000 | 5,390,000 | 6,150,000 | 5,183,000 | 5,021,000 | 5,201,000 | 5,452,000 | 5,329,000 | 4,451,000 | 4,131,000 | 3,771,000 | 4,642,000 | 4,402,000 | 4,066,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued interest payable | 7,107,000 | 4,631,000 | 7,885,000 | 5,815,000 | 6,350,000 | 8,812,000 | 5,494,000 | 3,277,000 | 4,048,000 | 1,661,000 | 1,295,000 | 3,080,000 | 1,147,000 | 1,330,000 | 3,392,000 | 1,554,000 | 2,938,000 | 2,830,000 | 3,254,000 | 3,618,000 | 2,885,000 | 3,264,000 | 2,325,000 | 2,024,000 | 2,582,000 | 2,394,000 | 2,189,000 | 2,305,000 | 2,336,000 | 2,373,000 | 2,470,000 | 2,432,000 | 2,804,000 | 2,749,000 | 2,905,000 | 3,196,000 | 3,232,000 | 3,403,000 | 4,559,000 | 4,660,000 | 5,416,000 | 5,732,000 | 6,255,000 | 6,842,000 | 7,557,000 | ||||||||||||||||||||||||||
total liabilities | 11,282,153,000 | 14,838,000 | 8,530,247,000 | 8,655,098,000 | 8,607,570,000 | 207,808,000 | 8,663,636,000 | 8,736,526,000 | 8,719,098,000 | 207,140,000 | 8,915,350,000 | 8,810,794,000 | 8,774,828,000 | 209,877,000 | 8,818,875,000 | 8,776,657,000 | 8,499,986,000 | 198,564,000 | 8,966,106,000 | 8,878,602,000 | 8,872,798,000 | 233,143,000 | 8,223,010,000 | 7,737,414,000 | 76,600,000 | 7,767,470,000 | 7,723,021,000 | 7,007,202,000 | 6,947,400,000 | 6,707,068,000 | 6,766,196,000 | 7,103,328,000 | 7,079,844,000 | 7,000,568,000 | 6,613,029,000 | 6,691,723,000 | 6,698,484,000 | 6,584,537,000 | 6,603,606,000 | 6,325,256,000 | 6,102,202,000 | 6,144,636,000 | 6,073,146,000 | 6,001,254,000 | 6,092,945,000 | 6,093,811,000 | 6,044,951,000 | 6,340,045,000 | 6,580,926,000 | 6,593,165,000 | 6,333,829,000 | 6,343,159,000 | 6,283,351,000 | 6,342,469,000 | 6,402,957,000 | 6,270,048,000 | 6,242,120,000 | 6,190,186,000 | 5,882,798,000 | 5,616,175,000 | 5,647,165,000 | 4,835,127,000 | 4,872,968,000 | 4,899,484,000 | |||||||
equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares | 782,575,000 | 463,032,000 | 461,266,000 | 459,529,000 | 462,129,000 | 460,821,000 | 459,532,000 | 461,849,000 | 460,578,000 | 459,431,000 | 461,321,000 | 460,645,000 | 459,271,000 | 459,953,000 | 459,276,000 | 458,534,000 | 458,440,000 | 456,777,000 | 458,142,000 | 456,911,000 | 357,475,000 | 357,709,000 | 308,144,000 | 307,249,000 | 307,143,000 | 306,418,000 | 305,856,000 | 305,152,000 | 304,756,000 | 304,433,000 | 303,805,000 | 303,573,000 | 303,003,000 | 302,869,000 | 302,753,000 | 302,652,000 | |||||||||||||||||||||||||||||||||||
retained earnings | 1,089,844,000 | 1,062,557,000 | 1,032,793,000 | 1,002,110,000 | 964,008,000 | 943,149,000 | 921,101,000 | 896,627,000 | 876,830,000 | 862,518,000 | 839,207,000 | 814,241,000 | 797,033,000 | 759,619,000 | 741,155,000 | 719,230,000 | 676,465,000 | 649,636,000 | 639,594,000 | 625,227,000 | 619,971,000 | 603,091,000 | 593,512,000 | 583,941,000 | 553,434,000 | 545,794,000 | 541,241,000 | 530,177,000 | 517,215,000 | 511,704,000 | 501,145,000 | 495,592,000 | 476,930,000 | 473,114,000 | 465,774,000 | 457,917,000 | 453,375,000 | 447,829,000 | 440,030,000 | 442,531,000 | 434,711,000 | 432,341,000 | 427,897,000 | 428,876,000 | 427,236,000 | 447,122,000 | 446,028,000 | 445,320,000 | 440,968,000 | 492,507,000 | 487,443,000 | 545,854,000 | 537,653,000 | 527,677,000 | 509,917,000 | 498,834,000 | 487,816,000 | ||||||||||||||
treasury shares | -164,106,000 | -168,072,000 | -168,072,000 | -147,938,000 | -152,040,000 | -152,259,000 | -152,259,000 | -157,022,000 | -151,865,000 | -149,763,000 | -139,013,000 | -139,469,000 | -139,469,000 | -143,850,000 | -128,109,000 | -128,592,000 | -132,109,000 | -132,640,000 | -128,982,000 | -121,399,000 | -96,949,000 | -91,559,000 | -91,559,000 | -85,775,000 | -88,205,000 | -86,252,000 | -86,252,000 | -82,473,000 | -82,473,000 | -82,473,000 | -81,718,000 | -79,222,000 | -77,613,000 | -77,613,000 | -77,613,000 | ||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of taxes | -8,554,000 | -25,696,000 | -31,507,000 | -34,659,000 | -34,684,000 | -68,454,000 | -66,395,000 | -115,890,000 | -96,786,000 | -90,033,000 | -12,614,000 | -26,307,000 | -35,453,000 | -60,150,000 | -55,009,000 | -52,641,000 | -13,005,000 | -13,712,000 | -16,723,000 | -1,793,000 | -3,963,000 | -7,429,000 | -13,980,000 | -14,304,000 | -11,399,000 | -24,478,000 | -51,449,000 | -40,434,000 | -19,897,000 | ||||||||||||||||||||||||||||||||||||||||||
total shareholders' equity | 1,699,759,000 | 1,331,821,000 | 1,294,480,000 | 1,279,042,000 | 1,239,413,000 | 1,183,257,000 | 1,161,979,000 | 1,085,564,000 | 1,088,757,000 | 1,082,153,000 | 1,036,172,000 | 1,050,013,000 | 1,076,366,000 | 1,067,912,000 | 1,069,392,000 | 1,041,271,000 | 1,016,996,000 | 981,877,000 | 956,140,000 | 934,432,000 | 845,044,000 | 809,091,000 | 755,088,000 | 752,774,000 | 759,367,000 | 752,248,000 | 744,122,000 | 751,063,000 | 739,887,000 | 729,701,000 | 715,803,000 | 705,963,000 | 688,016,000 | 686,971,000 | 666,436,000 | ||||||||||||||||||||||||||||||||||||
non-controlling interest in consolidated subsidiary | 2,055,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 1,701,814,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 12,983,967,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash | 85,660,000 | 277,808,000 | 282,151,000 | 274,464,000 | 243,531,000 | 248,814,000 | 73,663,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in subsidiaries | 1,197,126,000 | 1,095,701,000 | 1,007,342,000 | 941,826,000 | 1,020,556,000 | 969,054,000 | 912,162,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debentures receivable from pnb | 25,000,000 | 25,000,000 | 25,000,000 | 25,000,000 | 25,000,000 | 25,000,000 | 25,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables from subsidiaries | 659,000 | 1,261,000 | 1,160,000 | 1,823,000 | 9,168,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments | 16,559,000 | 10,523,000 | 1,170,000 | 1,177,000 | 3,327,000 | 5,375,000 | 5,001,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 42,627,000 | 41,363,000 | 35,610,000 | 36,636,000 | 16,909,000 | 23,333,000 | 20,620,000 | 4,612,000 | 4,891 | 143,462,000 | 140,710,000 | 131,826,000 | 129,309,000 | 136,167,000 | 129,333,000 | 126,706,000 | 134,004,000 | 129,480,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other payables to subsidiaries | 53,000 | 1,000 | 455,000 | 3,625,000 | 132,000 | 10,092,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 14,785,000 | 18,156,000 | 17,538,000 | 17,585,000 | 10,354,000 | 12,737,000 | 9,008,000 | 2,049,000 | 3,588 | 90,793,000 | 72,071,000 | 88,965,000 | 71,305,000 | 62,607,000 | 83,719,000 | 74,352,000 | 71,627,000 | 76,233,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 1,352,793,000 | 1,243,848,000 | 1,145,293,000 | 1,069,226,000 | 1,110,759,000 | 1,040,256,000 | 969,014,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 1,367,631,000 | 9,862,068,000 | 9,949,578,000 | 9,886,612,000 | 1,451,656,000 | 9,903,049,000 | 9,919,783,000 | 9,881,077,000 | 1,352,433,000 | 10,000,914,000 | 9,899,551,000 | 9,856,981,000 | 1,279,103,000 | 9,855,047,000 | 9,826,670,000 | 9,576,352,000 | 1,309,323,000 | 10,034,018,000 | 9,947,994,000 | 9,914,069,000 | 1,273,399,000 | 9,240,006,000 | 8,719,291,000 | 1,045,614,000 | 8,723,610,000 | 8,657,453,000 | 7,852,246,000 | 7,756,491,000 | 7,462,156,000 | 7,518,970,000 | 7,862,695,000 | 7,832,092,000 | 7,744,690,000 | 7,364,092,000 | 7,431,610,000 | 7,428,185,000 | 7,300,340,000 | 7,309,569,000 | 7,013,272,000 | 6,789,173,000 | 6,811,072,000 | ||||||||||||||||||||||||||||||
shareholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unsettled investment commitments | 12,001,000 | 52,508,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease right-of-use asset | 17,150,000 | 15,536,000 | 16,314,000 | 12,797,000 | 13,426,000 | 13,737,000 | 14,177,000 | 18,011,000 | 20,737,000 | 14,412,000 | 14,784,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of taxes | -125,343,000 | -85,404,000 | -40,469,000 | -7,810,000 | -2,930,000 | -7,901,000 | 14,200,000 | 8,104,000 | 389,000 | 12,354,000 | 15,879,000 | 20,018,000 | 8,612,000 | 17,144,000 | 10,627,000 | -31,933,000 | -19,111,000 | -16,056,000 | -34,048,000 | -25,280,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
commercial loans held for sale | 6,321,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt | 27,500,000 | 30,000,000 | 32,500,000 | 135,000,000 | 140,000,000 | 42,500,000 | 297,500,000 | 400,000,000 | 375,000,000 | 400,000,000 | 400,000,000 | 425,000,000 | 848,992,000 | 847,388,000 | 745,840,000 | 742,723,000 | 741,174,000 | 739,636,000 | 736,580,000 | 735,062,000 | 788,685,000 | 787,465,000 | 786,750,000 | 809,336,000 | 783,136,000 | 782,845,000 | 806,273,000 | 806,287,000 | 823,722,000 | 821,202,000 | 786,709,000 | 642,717,000 | 652,741,000 | 681,590,000 | 682,159,000 | 853,375,000 | 784,440,000 | 875,715,000 | 787,512,000 | 550,198,000 | 525,400,000 | 607,189,000 | 457,731,000 | 517,715,000 | 578,872,000 | ||||||||||||||||||||||||||
other real estate owned | 844,000 | 836,000 | 3,600,000 | 3,779,000 | 3,839,000 | 4,629,000 | 5,276,000 | 5,729,000 | 9,055,000 | 14,366,000 | 14,881,000 | 13,693,000 | 14,941,000 | 17,566,000 | 17,745,000 | 20,136,000 | 21,876,000 | 19,185,000 | 23,909,000 | 35,112,000 | 35,412,000 | 35,662,000 | 36,292,000 | 35,633,000 | 38,424,000 | 46,911,000 | 47,997,000 | 47,133,000 | 52,837,000 | 46,456,000 | 47,015,000 | 41,279,000 | 34,173,000 | ||||||||||||||||||||||||||||||||||||||
non interest bearing | 2,907,020,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for loan losses | -87,038,000 | -61,503,000 | -55,853,000 | -54,003,000 | -53,368,000 | -50,246,000 | -49,452,000 | -48,969,000 | -55,232,000 | -53,822,000 | -49,922,000 | -53,562,000 | -58,699,000 | -56,948,000 | -58,483,000 | -57,427,000 | -57,674,000 | -57,911,000 | -60,257,000 | -57,894,000 | -55,111,000 | -55,315,000 | -55,565,000 | -58,696,000 | -13,100,000 | -13,100 | -100,248,000 | -110,187,000 | -126,859,000 | -117,405,000 | -120,676,000 | -110,040,000 | -104,804,000 | -101,279,000 | 89,195,000 | 86,045,000 | 85,848,000 | 79,846,000 | 79,905,000 | 79,839,000 | 69,698,000 | 69,698,000 | 69,695,000 | ||||||||||||||||||||||||||||
noninterest bearing | 2,579,335,000 | 1,976,565,000 | 1,941,694,000 | 1,907,027,000 | 1,767,596,000 | 1,727,210,000 | 1,591,962,000 | 1,618,200,000 | 1,568,177,000 | 1,545,279,000 | 1,548,363,000 | 1,429,024,000 | 1,378,053,000 | 1,360,605,000 | 1,288,750,000 | 1,299,264,000 | 1,175,991,000 | 1,163,288,000 | 1,179,057,000 | 1,109,194,000 | 1,095,454,000 | 1,119,902,000 | 1,043,460,000 | 1,034,952,000 | 1,000,969,000 | 984,160,000 | 955,005,000 | 909,619,000 | 884,912,000 | 817,897,000 | 812,959,000 | 746,594,000 | 725,859,000 | 764,405,000 | 711,151,000 | 692,749,000 | 705,802,000 | 718,829,000 | 686,501,000 | 685,545,000 | 654,689,000 | ||||||||||||||||||||||||||||||
operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 51,877 | 72,407,000 | 48,112,000 | 23,342,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loan losses | 17,377 | 4,007,000 | 2,407,000 | 1,082,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of loan fees and costs | -6,151 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation of premises and equipment | 5,118 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of investment securities | 754 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net accretion of purchase accounting adjustments | -1,458 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized net investment securities (gains) losses | -3,313 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on equity securities | 1,950 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan originations to be sold in secondary market | -339,525 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of loans in secondary market | 244,167 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of loans in secondary market | -5,639 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation expense | 2,585 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale of oreo | -645 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bank owned life insurance income | -2,427 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in qualified affordable housing tax credits amortization | 3,658 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in prepaid dealer premiums | -1,541 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other assets | -4,721 | -8,151,000 | -16,394,000 | -5,807,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other liabilities | -7,636 | -6,666,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | -45,570 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the redemption/repurchase of federal home loan bank stock | 6,242 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of investment securities | 58,822 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from calls and maturities of: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale debt securities | 95,493 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
held-to-maturity debt securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities | -3,364 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal reserve bank stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in other investments | 13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loan originations, portfolio loans | -594,241 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in qualified affordable housing tax credits | -4,131 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of oreo | 3,565 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
life insurance death benefits | 563 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition of cab financial corporation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of premises and equipment | -14,131 | -6,843,000 | -5,356,000 | -1,383,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -451,169 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
park national corporation and subsidiariesconsolidated condensed statements of cash flows | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in deposits | 1,109,440 | 8,064,000 | 48,080,000 | 25,315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in short-term borrowings | 61,253 | 71,997,000 | 42,366,000 | 23,839,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | -55,000 | -277,779,000 | -113,431,000 | -7,965,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
value of common shares withheld to pay employee income taxes | -875 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common shares to be held as treasury shares | -7,507 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid | -37,034 | -51,498,000 | -38,671,000 | -25,790,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 1,070,277 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 573,538 | 37,635,000 | 30,971,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 159,956 | 161,829,000 | 161,829,000 | 161,829,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 733,494 | 199,464,000 | 192,800,000 | 158,246,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 19,541 | 66,801,000 | 42,630,000 | 20,090,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income tax | 7,500 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash items: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans transferred to oreo | 295 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use assets obtained in exchange for lease obligations | 7,769 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
new commitments in affordable housing tax credit investments | 10,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt securities held-to-maturity, at amortized cost | 350,375,000 | 351,159,000 | 350,642,000 | 351,431,000 | 347,622,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other intangibles | 119,999,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities available-for-sale, at fair value | 1,166,562,000 | 1,196,115,000 | 1,219,397,000 | 1,224,849,000 | 1,305,574,000 | 1,372,183,000 | 1,293,464,000 | 1,370,265,000 | 1,263,965,000 | 1,197,295,000 | 1,186,377,000 | 1,129,483,000 | 1,047,375,000 | 1,001,251,000 | 1,034,870,000 | 867,147,000 | 1,362,893,000 | 1,356,971,000 | 1,392,677,000 | 1,501,904,000 | 1,502,362,000 | 1,556,609,000 | 1,684,276,000 | 1,505,168,000 | 1,263,551,000 | 1,353,973,000 | 1,323,365,000 | 1,312,131,000 | 1,433,326,000 | ||||||||||||||||||||||||||||||||||||||||||
securities held-to-maturity, at amortized cost | 342,665,000 | 322,008,000 | 284,460,000 | 195,095,000 | 184,121,000 | 171,273,000 | 117,509,000 | 121,527,000 | 150,349,000 | 162,304,000 | 171,936,000 | 193,997,000 | 231,787,000 | 285,250,000 | 552,604,000 | 755,222,000 | 614,064,000 | 448,062,000 | 452,024,000 | 464,799,000 | 236,298,000 | 238,192,000 | 207,139,000 | 166,632,000 | 170,743,000 | 173,630,000 | 180,029,000 | 186,278,000 | 191,171,000 | ||||||||||||||||||||||||||||||||||||||||||
loans held for sale | 28,606,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated debentures and notes | 80,250,000 | 80,250,000 | 80,250,000 | 80,250,000 | 80,250,000 | 80,250,000 | 105,250,000 | 105,250,000 | 75,250,000 | 75,250,000 | 75,250,000 | 75,250,000 | 75,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other intangible assets | 72,334,000 | 72,446,000 | 72,559,000 | 72,810,000 | 72,949,000 | 76,370,000 | 77,039,000 | 77,708,000 | 79,199,000 | 80,021,000 | 82,735,000 | 83,672,000 | 84,608,000 | 86,551,000 | 142,543,000 | 143,550,000 | 199,679,000 | 198,023,000 | 198,828,000 | 67,277,000 | 67,914,000 | 68,551,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | -76,375,000 | -76,375,000 | -76,375,000 | -77,007,000 | -77,007,000 | -77,733,000 | -77,733,000 | -181,611,000 | -191,107,000 | -207,665,000 | -208,104,000 | -208,104,000 | -208,104,000 | -197,892,000 | -178,651,000 | -148,000,000 | -144,058,000 | -133,711,000 | -125,980,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 632,745,000 | 639,219,000 | 654,210,000 | 659,127,000 | 660,623,000 | 759,643,000 | 747,760,000 | 745,238,000 | 756,627,000 | 749,939,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 6,705,891,000 | 6,640,473,000 | 6,747,155,000 | 6,752,938,000 | 6,705,574,000 | 6,970,678,000 | 7,007,610,000 | 7,059,175,000 | 6,799,733,000 | 6,820,233,000 | 6,781,365,000 | 6,511,136,000 | 6,243,566,000 | 6,308,055,000 | 5,393,333,000 | 5,412,447,000 | 5,444,445,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
bank premises and equipment | 56,822,000 | 56,725,000 | 54,416,000 | 52,261,000 | 68,633,000 | 69,830,000 | 69,673,000 | 70,401,000 | 68,929,000 | 67,194,000 | 67,254,000 | 68,177,000 | 69,562,000 | 70,074,000 | 68,816,000 | 66,527,000 | 64,352,000 | 64,946,000 | 46,672,000 | 47,080,000 | 47,149,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 302,653,000 | 302,653,000 | 302,654,000 | 302,655,000 | 301,203,000 | 301,203,000 | 301,209,000 | 301,209,000 | 301,210,000 | 301,211,000 | 301,212,000 | 301,213,000 | 300,321,000 | 300,322,000 | 300,324,000 | 208,403,000 | 208,404,000 | 208,405,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities held for sale | 2,011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock | 97,932,000 | 97,504,000 | 96,292,000 | 96,102,000 | 95,912,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock warrants | 4,406,000 | 4,406,000 | 4,473,000 | 4,509,000 | 4,761,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive (loss), net of taxes | -6,550,000 | -7,556,000 | -876,000 | -10,175,000 | -8,106,000 | -4,390,000 | -7,502,000 | -19,945,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets sold | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets | 12,496,000 | 14,861 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets sold | 380,469,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities sold | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits | 522,856,000 | 532,598 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities sold | 524,905,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premium paid | 27,913,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
one-time gains | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of fixed assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employment and severance agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other one-time charges, including estimates | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pre-tax gain | 22,167,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets held for sale | 382,462 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities held for sale | 536,186 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
· | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 7,099,688,000 | 7,328,686,000 | 7,338,403,000 | 7,090,456,000 | 7,093,098,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(amortized cost of 1,107,211 and 1,274,258 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
at june 30, 2011 and december 31, 2010) | 1,117,397,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(fair value of 786,222 and 686,114 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock (200,000 shares authorized; 100,000 shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued with 1,000 per share liquidation preference) | 97,718,000 | 97,088,000 | 96,886,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock (no par value; 20,000,000 shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; 16,151,042 shares issued at june 30, 2011 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
16,151,062 shares issued at december 31, 2010) | 301,203,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 752,128 shares at december 31, 2010) | -77,733,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(amortized cost of 1,181,027 and 1,241,381 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
at september 30, 2010 and december 31, 2009) | 1,222,712,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(fair value of 626,339 and 523,450 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; 16,151,076 shares issued at september 30, 2010 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
16,151,112 shares issued at december 31, 2009) | 301,206,000 | 301,206,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 1,268,332 shares at december 31, 2009) | -87,406,000 | -96,029,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(amortized cost of 1,262,929 and 1,241,381 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
at june 30, 2010 and december 31, 2009) | 1,309,935,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(fair value of 490,702 and 523,450 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized; 16,151,086 shares issued at june 30, 2010 and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest bearing deposits | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued income and other assets | 109,960,000 | 110,364,000 | 107,245,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated debentures | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | 101,618,000 | 108,357,000 | 104,058,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock warrant | 4,297,000 | 4,297,000 | 4,297,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 687,327,000 | 665,141,000 | 656,218,000 | 529,685,000 | 578,113,000 | 591,179,000 | 628,338,000 | 627,391,000 | 660,890,000 | 558,206,000 | 539,479,000 | 544,961,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
junior subordinated debentures | 15,000,000 | 15,000,000 | 15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average loans | 3,311,576,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for loan losses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
beginning balance | 69,694,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
charge-offs: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commercial, financial and agricultural | 302,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate — construction | 300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate — residential | 413,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate — commercial | 147,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consumer | 1,418,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease financing | 16,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total charge-offs | 2,596,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recoveries: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total recoveries | 2,597,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net charge-offs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision charged to earnings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for loan losses of acquired bank | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ending balance | 69,695,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ratio of net charge-offs to average loans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ratio of allowance for loan losses to end of period loans, net of unearned interest | 2,100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion, amortization and depreciation | -321,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of core deposit intangibles | 1,911,000 | 1,274,000 | 637,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment securities gains | -96,000 | -96,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other liabilities | -9,441,000 | -7,546,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided from operating activities | 60,316,000 | 28,638,000 | 11,812,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale securities | 131,794,000 | 131,794,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturity of: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
held-to-maturity securities | 46,508,000 | 17,588,000 | 8,639,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in interest bearing deposits with other banks | 1,596,000 | 997,000 | 498,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in loans | -22,930,000 | -4,320,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from loans sold with branch office | 5,273,000 | 5,273,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition | -39,227,000 | -39,227,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided from (used by) investing activities | 77,976,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits sold with branch office | -12,419,000 | -12,419,000 | -12,419,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for fractional shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options | 117,000 | 118,000 | 95,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury stock | -15,078,000 | -5,176,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt issued | 175,939,000 | 100,939,000 | 100,939,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used by) provided from financing activities | -100,657,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 24,997,000 | 12,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
summary of business acquisition: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of assets acquired | 185,372,000 | 185,372,000 | 185,372,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for purchase of first clermont bank | -52,500,000 | -52,500,000 | -52,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of liabilities assumed | 161,241,000 | 161,241,000 | 161,241,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill recognized | 28,369,000 | 28,369,000 | 28,369,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, accretion, and amortization | 1,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used by investing activities | -19,473,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided from financing activities | 21,806,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, accretion and amortization | 104,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment security (gains) losses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in loans | 26,573,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans sold with branch office | 5,273,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquistion | -39,227,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used by) provided from investing activities | -121,209,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options and purchase of treasury stock | 1,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided from (used by) financing activities | 105,814,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -3,583,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exhibit 31.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exhibit 31.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exhibit 32.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exhibit 32.2 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-09-30 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 41,687,000 | 42,639,000 | 47,158,000 | 48,119,000 | 42,157,000 | 38,630,000 | 38,217,000 | 39,369,000 | 35,204,000 | 24,500,000 | 36,917,000 | 31,584,000 | 33,733,000 | 33,084,000 | 42,068,000 | 34,324,000 | 38,875,000 | 36,548,000 | 35,434,000 | 39,132,000 | 42,831,000 | 45,200,000 | 30,846,000 | 29,505,000 | 22,372,000 | 31,146,000 | 22,163,000 | 25,455,000 | 24,762,000 | 28,241,000 | 31,123,000 | 22,112,000 | 19,032,000 | 20,267,000 | 27,449,000 | 19,998,000 | 18,686,000 | 20,040,000 | 18,303,000 | 21,827,000 | 19,619,000 | 19,029,000 | 20,034,000 | 20,710,000 | 11,982,000 | 18,309,000 | 20,317,000 | 21,378,000 | 19,577,000 | 19,199,000 | 21,307,000 | 21,390,000 | -38,412,000 | 18,191,000 | 22,978,000 | 21,304,000 | 23,510,000 | 21,063,000 | 23,805,000 | 23,886,000 | 23,807,000 | 24,295,000 | 24,770,000 | 23,342,000 |
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for credit losses | 2,672,000 | 4,030,000 | 2,853,000 | 756,000 | 5,315,000 | 3,113,000 | 2,180,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of loan fees and costs | -2,727,000 | -2,439,000 | -2,552,000 | -2,291,000 | -2,329,000 | -2,307,000 | -2,027,000 | -2,221,000 | -2,231,000 | -2,169,000 | -2,737,000 | -3,360,000 | -3,772,000 | -6,926,000 | -7,341,000 | -6,334,000 | -6,040,000 | -4,285,000 | -1,866,000 | |||||||||||||||||||||||||||||||||||||||||||||
net amortization of purchase accounting adjustments | 849,000 | 51,000 | -30,000 | 188,000 | 144,000 | 119,000 | -766,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation of premises and equipment | 2,851,000 | 2,825,000 | 2,828,000 | 2,913,000 | 2,976,000 | 3,019,000 | 3,119,000 | 3,513,000 | 3,622,000 | 3,500,000 | 3,398,000 | 3,461,000 | 3,482,000 | 3,444,000 | 3,291,000 | 3,216,000 | 2,770,000 | 2,611,000 | 2,507,000 | 2,246,000 | 2,297,000 | 2,133,000 | ||||||||||||||||||||||||||||||||||||||||||
amortization of investment securities | -11,000 | 167,000 | 178,000 | 345,000 | 416,000 | 372,000 | 415,000 | 1,434,000 | 905,000 | 817,000 | 892,000 | 829,000 | 875,000 | 645,000 | 443,000 | 354,000 | 310,000 | 366,000 | 388,000 | 332,000 | 417,000 | 353,000 | 276,000 | 251,000 | 405,000 | 416,000 | 339,000 | 258,000 | 65,000 | 22,000 | 16,000 | -49,000 | 42,000 | |||||||||||||||||||||||||||||||
gain on the sale of debt securities | -1,084,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on equity securities | -799,000 | -2,480,000 | 862,000 | -358,000 | 687,000 | -25,000 | 405,000 | -609,000 | -467,000 | -1,810,000 | 973,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loan originations to be sold in secondary market | -54,124,000 | -44,790,000 | -54,128,000 | -28,224,000 | -35,616,000 | -30,418,000 | -16,382,000 | -20,712,000 | -17,388,000 | -15,332,000 | -29,562,000 | -54,593,000 | -73,713,000 | -128,294,000 | -144,602,000 | -192,382,000 | -358,030,000 | -250,701,000 | -88,824,000 | -112,276,000 | -77,619,000 | -34,419,000 | -56,803,000 | -55,911,000 | -40,379,000 | -61,570,000 | -64,315,000 | -42,370,000 | -94,910,000 | -70,381,000 | -40,285,000 | -81,008,000 | -37,406,000 | -36,784,000 | -22,194,000 | -52,896,000 | -90,319,000 | -140,704,000 | ||||||||||||||||||||||||||
proceeds from sale of loans in secondary market | 53,753,000 | 46,455,000 | 55,521,000 | 29,329,000 | 35,520,000 | 28,701,000 | 17,892,000 | 21,703,000 | 16,278,000 | 15,730,000 | 33,971,000 | 58,052,000 | 77,189,000 | 135,284,000 | 154,868,000 | 212,880,000 | 432,108,000 | 165,028,000 | 79,139,000 | 105,558,000 | 73,585,000 | 35,123,000 | 59,994,000 | 55,781,000 | 38,769,000 | 63,657,000 | 60,198,000 | 46,848,000 | 93,607,000 | 71,174,000 | 36,835,000 | 80,000,000 | 39,268,000 | 33,717,000 | 20,350,000 | 59,463,000 | 87,416,000 | 156,212,000 | ||||||||||||||||||||||||||
gain on sale of loans in secondary market | -971,000 | -731,000 | -875,000 | -458,000 | -617,000 | -555,000 | -312,000 | -371,000 | -300,000 | -325,000 | -658,000 | -1,286,000 | -1,941,000 | -4,025,000 | -4,409,000 | -6,598,000 | -9,068,000 | -3,701,000 | -1,938,000 | -2,235,000 | -1,601,000 | -822,000 | -1,338,000 | -1,321,000 | -945,000 | -1,368,000 | -1,276,000 | -787,000 | -1,776,000 | -1,401,000 | -761,000 | -1,177,000 | -3,044,000 | 686,000 | 452,000 | 681,000 | 1,420,000 | 1,511,000 | ||||||||||||||||||||||||||
share-based compensation expense | 2,218,000 | 2,000,000 | 1,766,000 | 1,737,000 | 2,007,000 | 1,577,000 | 1,627,000 | 1,289,000 | 1,953,000 | 1,431,000 | 1,271,000 | 1,749,000 | 2,336,000 | 1,083,000 | 1,441,000 | 1,374,000 | 1,981,000 | 1,849,000 | 1,173,000 | 1,487,000 | 1,836,000 | 2,249,000 | 1,164,000 | 1,331,000 | 1,254,000 | 1,232,000 | 1,162,000 | 1,358,000 | 1,047,000 | 896,000 | 1,121,000 | 727,000 | 563,000 | 826,000 | 397,000 | 324,000 | 468,000 | 234,000 | 135,000 | 117,000 | 103,000 | |||||||||||||||||||||||
bank owned life insurance income | -1,707,000 | -1,559,000 | -1,762,000 | -1,512,000 | -2,057,000 | -1,565,000 | -2,629,000 | -1,448,000 | -1,332,000 | -1,185,000 | -1,185,000 | -2,374,000 | -1,175,000 | -1,462,000 | -1,149,000 | -1,165,000 | -1,192,000 | -1,179,000 | -1,248,000 | -1,107,000 | -1,286,000 | -1,006,000 | -2,585,000 | -1,031,000 | -1,009,000 | -1,573,000 | -1,114,000 | -1,103,000 | -1,038,000 | -1,049,000 | -1,197,000 | -1,574,000 | -1,420,000 | -1,026,000 | -1,262,000 | -1,311,000 | -1,254,000 | -1,202,000 | -1,184,000 | |||||||||||||||||||||||||
investment in qualified affordable housing tax credits amortization | 2,260,000 | 2,275,000 | 2,276,000 | 2,275,000 | 2,139,000 | 2,139,000 | 2,138,000 | 2,098,000 | 2,097,000 | 2,097,000 | 1,980,000 | 1,980,000 | 1,980,000 | 1,855,000 | 1,856,000 | 1,856,000 | 1,829,000 | 1,829,000 | 1,829,000 | 1,813,000 | 1,813,000 | 1,812,000 | 1,851,000 | 1,851,000 | 1,851,000 | |||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in prepaid dealer premiums | 44,000 | 344,000 | -115,000 | 1,296,000 | -589,000 | 531,000 | 173,000 | 601,000 | 94,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other assets | 626,000 | 3,383,000 | -1,074,000 | -2,450,000 | 1,533,000 | -2,116,000 | 1,253,000 | 12,426,000 | 2,715,000 | 3,908,000 | -5,710,000 | 7,350,000 | -5,807,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other liabilities | -14,671,000 | -10,750,000 | -9,537,000 | 169,000 | 1,725,000 | -13,986,000 | -2,041,000 | -5,595,000 | -3,150,000 | -2,891,000 | -4,331,000 | -63,000 | 7,986,000 | -6,761,000 | -2,703,000 | 8,644,000 | -21,111,000 | -671,000 | 2,725,000 | -4,606,000 | -1,770,000 | |||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 30,866,000 | -25,057,000 | 52,572,000 | 49,672,000 | 37,860,000 | -42,541,000 | 44,382,000 | 50,587,000 | 34,654,000 | 6,500,000 | 39,186,000 | 33,267,000 | 24,402,000 | 29,708,000 | 33,121,000 | 28,150,000 | 28,342,000 | 4,079,000 | 32,464,000 | 34,306,000 | 45,865,000 | 41,581,000 | 98,006,000 | -54,332,000 | 8,762,000 | 27,775,000 | 21,541,000 | 24,655,000 | 37,597,000 | 38,550,000 | 21,972,000 | 26,660,000 | 16,890,000 | 23,116,000 | 20,637,000 | 24,289,000 | 12,884,000 | 19,156,000 | 36,595,000 | 25,004,000 | 9,391,000 | 32,582,000 | 24,952,000 | 25,474,000 | 32,131,000 | 48,390,000 | 20,394,000 | 8,334,000 | 32,015,000 | 13,801,000 | 30,503,000 | 34,677,000 | 46,446,000 | 16,414,000 | 24,192,000 | 35,527,000 | 4,517,000 | 16,540,000 | 23,839,000 | 19,912,000 | 13,688,000 | 31,678,000 | 16,826,000 | 11,812,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 30,866,000 | -25,057,000 | 52,572,000 | 49,672,000 | 37,860,000 | -42,541,000 | 44,382,000 | 50,587,000 | 34,654,000 | 6,500,000 | 39,186,000 | 33,267,000 | 24,402,000 | 29,708,000 | 33,121,000 | 28,150,000 | 28,342,000 | 4,079,000 | 32,464,000 | 34,306,000 | 45,865,000 | 41,581,000 | 98,006,000 | -54,332,000 | 8,762,000 | 27,775,000 | 21,541,000 | 24,655,000 | 37,597,000 | 38,550,000 | 21,972,000 | 26,660,000 | 16,890,000 | 23,116,000 | 20,637,000 | 24,289,000 | 12,884,000 | 19,156,000 | 36,595,000 | 25,004,000 | 9,391,000 | 32,582,000 | 24,952,000 | 25,474,000 | 32,131,000 | 48,390,000 | 20,394,000 | 8,334,000 | 32,015,000 | 13,801,000 | 30,503,000 | 34,677,000 | 46,446,000 | 16,414,000 | 24,192,000 | 35,527,000 | 4,517,000 | 16,540,000 | 23,839,000 | 19,912,000 | 13,688,000 | 31,678,000 | 16,826,000 | 11,812,000 |
investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the redemption/repurchase of fhlb stock | 3,588,000 | 0 | 464,000 | 624,000 | 2,355,000 | 9,071,000 | 4,563,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the redemption/repurchase of frb stock | 2,191,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt securities afs | 583,200,000 | 67,020,000 | 75,103,000 | 54,287,000 | 37,165,000 | 37,031,000 | 34,085,000 | 45,532,000 | 48,397,000 | 54,263,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities | 9,000 | 0 | 1,187,000 | -5,791,000 | 0 | 0 | -2,195,000 | -6,535,000 | -1,000,000 | -1,630,000 | -203,000 | -2,293,000 | -1,071,000 | 0 | -2,489,000 | -101,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from calls and maturities of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fhlb stock | -159,000 | 0 | -2,724,000 | -6,276,000 | -225,000 | -12,229,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
frb stock | -9,549,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in other investments | 1,029,000 | -1,096,000 | -1,553,000 | -874,000 | 317,000 | 895,000 | 1,297,000 | -183,000 | 53,000 | 215,000 | 124,000 | 44,000 | 1,509,000 | 1,102,000 | 188,000 | 4,007,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net loan originations, portfolio loans | -38,901,000 | -30,084,000 | -79,288,000 | -65,674,000 | -69,523,000 | -140,914,000 | -2,922,000 | -133,146,000 | -587,423,000 | -6,818,000 | -1,601,000 | -53,439,000 | -98,590,000 | -74,917,000 | -108,627,000 | 2,347,000 | -68,152,000 | -64,284,000 | -8,403,000 | |||||||||||||||||||||||||||||||||||||||||||||
investment in qualified affordable housing tax credits | -3,741,000 | -5,962,000 | -2,628,000 | -4,768,000 | -780,000 | -3,206,000 | -4,094,000 | -1,003,000 | -4,167,000 | -1,409,000 | -2,752,000 | 0 | -7,252,000 | -88,000 | 0 | -6,094,000 | -170,000 | -1,585,000 | -2,546,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of oreo | 942,000 | 0 | 59,000 | 709,000 | 274,000 | 546,000 | 167,000 | 908,000 | 44,000 | 13,000 | 17,617,000 | 29,000 | 38,000 | 0 | 33,000 | 626,000 | 2,030,000 | 3,182,000 | 383,000 | 198,000 | 719,000 | 181,000 | 458,000 | 1,645,000 | 9,816,000 | 675,000 | 1,014,000 | 674,000 | 3,862,000 | 1,705,000 | 1,387,000 | 3,020,000 | ||||||||||||||||||||||||||||||||
bank owned life insurance death benefits | 32,000 | 1,207,000 | 2,307,000 | 232,000 | 827,000 | 659,000 | 3,685,000 | 554,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of bank owned life insurance | -2,500,000 | 0 | -263,000 | -2,500,000 | 0 | -7,263,000 | -2,670,000 | 0 | 0 | -2,500,000 | 0 | 0 | -7,500,000 | 0 | 0 | 0 | -4,600,000 | 0 | 0 | 0 | -3,000,000 | 0 | 0 | -7,000 | -8,100,000 | |||||||||||||||||||||||||||||||||||||||
cash received from acquisitions | 145,565,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
park national corporation and subsidiariesconsolidated condensed statements of cash flows | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of premises and equipment | -4,266,000 | -1,501,000 | -1,315,000 | -1,076,000 | -2,088,000 | -1,862,000 | -3,142,000 | -1,811,000 | -1,373,000 | -2,674,000 | -2,836,000 | -1,613,000 | -2,127,000 | -2,856,000 | -3,700,000 | -4,114,000 | -6,689,000 | -7,788,000 | -6,343,000 | -2,975,000 | -5,764,000 | -2,902,000 | -3,195,000 | -1,477,000 | -2,473,000 | -2,521,000 | -1,095,000 | -1,379,000 | -1,587,000 | -2,348,000 | -1,581,000 | -2,761,000 | -1,546,000 | -1,196,000 | -2,123,000 | -1,110,000 | -1,874,000 | -4,747,000 | -3,871,000 | -710,000 | -2,065,000 | -1,990,000 | -3,285,000 | -1,859,000 | -994,000 | -1,489,000 | -1,361,000 | -3,134,000 | -4,076,000 | -2,655,000 | -1,298,000 | -10,508,000 | -983,000 | -1,348,000 | -1,399,000 | -1,487,000 | -3,973,000 | -1,383,000 | ||||||
net cash from investing activities | 286,027,000 | -14,037,000 | 105,798,000 | -106,950,000 | 10,993,000 | 41,356,000 | -11,983,000 | -72,590,000 | 32,404,000 | 119,673,000 | -118,508,000 | -80,689,000 | 78,668,000 | 394,132,000 | -84,762,000 | -278,387,000 | -40,004,000 | 189,487,000 | -1,842,000 | -108,898,000 | -75,481,000 | 529,149,000 | -80,601,000 | -483,912,000 | 32,743,000 | 70,486,000 | 52,989,000 | -5,750,000 | 33,121,000 | -83,273,000 | 115,708,000 | 7,083,000 | -58,146,000 | -31,317,000 | 14,619,000 | -20,069,000 | 85,422,000 | -6,565,000 | -135,616,000 | -91,103,000 | 16,715,000 | -130,533,000 | -90,393,000 | 207,891,000 | 50,192,000 | 179,167,000 | 183,476,000 | -14,425,000 | -16,701,000 | 51,485,000 | 44,944,000 | -48,112,000 | ||||||||||||
financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in deposits | 431,809,000 | -12,106,000 | 40,310,000 | 193,830,000 | -97,834,000 | 4,194,000 | 264,560,000 | -114,255,000 | -99,301,000 | 28,392,000 | -31,334,000 | -38,057,000 | 257,927,000 | 155,955,000 | -18,546,000 | 762,896,000 | -686,029,000 | 871,829,000 | 237,611,000 | 136,379,000 | 74,439,000 | 64,389,000 | -20,892,000 | -68,450,000 | 266,968,000 | 12,746,000 | 41,016,000 | 398,604,000 | -104,220,000 | 17,089,000 | 259,148,000 | -57,384,000 | 201,793,000 | -49,487,000 | 186,704,000 | -622,000 | -65,227,000 | 200,509,000 | -29,898,000 | -57,161,000 | 219,258,000 | -68,784,000 | 61,552,000 | 133,211,000 | 158,463,000 | 242,635,000 | 12,118,000 | 80,517,000 | -28,689,000 | -12,028,000 | 149,848,000 | 40,363,000 | 15,137,000 | 76,182,000 | -40,016,000 | 22,765,000 | 25,315,000 | |||||||
net decrease in off-balance sheet deposits | 105,265,000 | 104,264,000 | 0 | 2,279,000 | -1,094,000 | 3,000 | 163,833,000 | 31,337,000 | 43,608,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in short-term borrowings | 4,781,000 | -49,882,000 | 28,525,000 | 39,706,000 | 18,029,000 | -1,205,000 | 9,865,000 | -142,154,000 | 238,403,000 | 83,939,000 | -11,324,000 | -20,945,000 | 24,110,000 | 96,366,000 | 29,631,000 | 18,527,000 | 23,839,000 | |||||||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | -86,107,000 | 0 | -27,500,000 | -2,500,000 | -2,500,000 | 47,500,000 | -2,500,000 | -2,500,000 | -52,500,000 | -77,500,000 | -25,000,000 | -50,000,000 | 0 | -25,000,000 | -100,000,000 | 0 | -25,012,000 | -512,000 | -50,013,000 | -8,000 | -25,917,000 | -15,000 | -14,000 | -480,000 | -15,507,000 | -24,000 | -10,024,000 | -30,569,000 | -201,316,000 | -2,183,000 | -191,375,000 | -1,797,000 | -2,897,000 | -125,202,000 | -81,789,000 | -77,680,000 | -59,984,000 | -61,157,000 | -135,912,000 | -164,348,000 | -105,466,000 | -7,965,000 | ||||||||||||||||||||||
value of common shares withheld to pay employee income taxes | -2,886,000 | 0 | 0 | 0 | -2,948,000 | 0 | -136,000 | 0 | -2,980,000 | 0 | 0 | -237,000 | -2,607,000 | 0 | -310,000 | 0 | -2,451,000 | 0 | -159,000 | -386,000 | -1,858,000 | 0 | -127,000 | -38,000 | -837,000 | 0 | 0 | -827,000 | 0 | 0 | -610,000 | 0 | 0 | -347,000 | ||||||||||||||||||||||||||||||
cash dividends paid | -20,131,000 | -37,302,000 | -17,197,000 | -17,847,000 | -17,571,000 | -25,208,000 | -17,175,000 | -17,705,000 | -17,408,000 | -16,923,000 | -16,920,000 | -17,699,000 | -17,409,000 | -25,046,000 | -17,025,000 | -17,424,000 | -17,109,000 | -19,949,000 | -16,831,000 | -17,284,000 | -20,242,000 | -16,640,000 | -16,679,000 | -17,010,000 | -20,024,000 | -16,596,000 | -16,739,000 | -19,303,000 | -15,060,000 | -18,514,000 | -14,370,000 | -14,371,000 | -14,378,000 | -14,373,000 | -14,410,000 | -14,411,000 | -14,411,000 | -13,127,000 | -13,127,000 | -26,254,000 | -13,103,000 | -13,534,000 | -25,896,000 | -12,722,000 | -12,869,000 | -25,879,000 | -12,827,000 | -12,881,000 | -25,790,000 | |||||||||||||||
net cash from financing activities | 432,731,000 | -211,394,000 | -132,583,000 | 12,783,000 | 28,195,000 | 13,427,000 | -92,181,000 | -22,613,000 | 20,755,000 | -152,376,000 | 72,543,000 | 15,900,000 | -30,879,000 | -381,160,000 | 12,633,000 | 249,786,000 | 39,374,000 | -705,770,000 | 39,349,000 | -61,259,000 | 602,417,000 | -504,190,000 | 950,818,000 | 119,459,000 | 14,960,000 | -2,504,000 | 1,360,000 | -72,273,000 | -85,699,000 | -30,211,000 | 5,530,000 | 60,563,000 | 253,527,000 | -111,147,000 | -6,234,000 | 70,138,000 | -34,622,000 | 205,341,000 | -65,672,000 | 155,601,000 | 58,899,000 | -101,145,000 | 85,842,000 | -9,090,000 | -172,576,000 | -121,001,000 | 6,558,000 | -83,273,000 | -58,636,000 | -70,801,000 | -31,460,000 | -3,922,000 | 55,700,000 | 246,001,000 | 105,418,000 | 1,498,000 | ||||||||
increase in cash and cash equivalents | 749,624,000 | 25,787,000 | -44,495,000 | 77,048,000 | -59,782,000 | -44,616,000 | 87,813,000 | -6,779,000 | -31,522,000 | 72,191,000 | -39,008,000 | -451,000 | 27,712,000 | 69,971,000 | -135,851,000 | 572,801,000 | -486,785,000 | 412,574,000 | 160,964,000 | 113,221,000 | 72,026,000 | 20,265,000 | -1,555,000 | -130,422,000 | 107,469,000 | 39,273,000 | 19,307,000 | 245,326,000 | -75,891,000 | -2,014,000 | 168,444,000 | -22,031,000 | 106,320,000 | -131,771,000 | 181,707,000 | -39,052,000 | -166,586,000 | 319,207,000 | 73,233,000 | 54,981,000 | 82,869,000 | 467,000 | 9,688,000 | -8,501,000 | -14,365,000 | 11,874,000 | -39,902,000 | 6,664,000 | ||||||||||||||||
cash and cash equivalents at beginning of year | 233,513,000 | 0 | 0 | 160,566,000 | 0 | 0 | 218,268,000 | 0 | 0 | 189,728,000 | 0 | 0 | 219,180,000 | 0 | 0 | 370,474,000 | 0 | 0 | 159,956,000 | 0 | 0 | 167,214,000 | 0 | 0 | 169,112,000 | 0 | 0 | 146,446,000 | 0 | 0 | 149,459,000 | 0 | 0 | 0 | 147,030,000 | 0 | 0 | 201,305,000 | 0 | 0 | 0 | 133,780,000 | 0 | 0 | 0 | 171,261,000 | 0 | 0 | 193,397,000 | 0 | 0 | 186,256,000 | 0 | 0 | 173,973,000 | 0 | 0 | 161,829,000 | ||||||
cash and cash equivalents at end of period | 983,137,000 | 25,787,000 | -44,495,000 | 237,614,000 | -59,782,000 | -44,616,000 | 306,081,000 | -6,779,000 | -31,522,000 | 261,919,000 | -39,008,000 | -451,000 | 246,892,000 | 69,971,000 | -135,851,000 | 943,275,000 | -486,785,000 | 412,574,000 | 320,920,000 | 113,221,000 | 72,026,000 | 187,479,000 | -1,555,000 | -130,422,000 | 276,581,000 | 39,273,000 | 19,307,000 | 391,772,000 | -75,891,000 | -2,014,000 | 317,903,000 | -22,031,000 | 106,320,000 | -131,771,000 | 328,737,000 | -39,052,000 | -166,586,000 | 520,512,000 | 73,233,000 | 54,981,000 | 82,869,000 | 134,247,000 | -67,959,000 | 6,650,000 | 4,646,000 | 126,366,000 | -10,615,000 | 9,688,000 | 184,896,000 | -17,302,000 | -14,365,000 | 198,130,000 | -39,902,000 | 39,253,000 | 156,441,000 | 6,664,000 | 34,554,000 | 158,246,000 | ||||||
supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 29,759,000 | 31,189,000 | 25,435,000 | 29,867,000 | 35,156,000 | 27,749,000 | 32,383,000 | 27,391,000 | 20,715,000 | 20,528,000 | 10,901,000 | 2,475,000 | 5,429,000 | 5,880,000 | 2,305,000 | 6,745,000 | 5,059,000 | 6,818,000 | 12,723,000 | 17,852,000 | 16,219,000 | 13,820,000 | 11,658,000 | 9,648,000 | 9,118,000 | 11,485,000 | 10,493,000 | 9,765,000 | 9,740,000 | 9,563,000 | 9,454,000 | 9,334,000 | 9,858,000 | 9,958,000 | 9,858,000 | 10,486,000 | 10,738,000 | 10,795,000 | 12,703,000 | 14,761,000 | 15,423,000 | 15,217,000 | 17,952,000 | 24,051,000 | 23,930,000 | 25,888,000 | 34,105,000 | 35,814,000 | 38,396,000 | 44,879,000 | 42,031,000 | 35,829,000 | 30,184,000 | 29,701,000 | 26,859,000 | 24,171,000 | 22,540,000 | 20,090,000 | ||||||
non-cash items: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans transferred to oreo | 3,116,000 | 0 | 638,000 | 119,000 | 181,000 | 90,000 | 737,000 | 0 | 913,000 | 138,000 | 12,009,000 | 1,354,000 | 55,000 | 0 | 0 | 78,000 | 829,000 | 144,000 | 151,000 | 236,000 | 147,000 | 568,000 | 176,000 | 233,000 | 628,000 | 100,000 | 2,443,000 | 448,000 | 709,000 | 1,708,000 | 439,000 | 1,744,000 | 1,533,000 | 1,490,000 | 4,802,000 | |||||||||||||||||||||||||||||
rou assets obtained in exchange for lease obligations | 49,000 | 226,000 | 303,000 | 1,069,000 | 204,000 | 1,903,000 | 547,000 | 320,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt securities afs purchase commitment | 3,567,000 | -11,751,000 | 12,001,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed income of subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation expense for issuance of treasury shares to directors | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of securities | 1,000 | -7,657,000 | 252,055,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common shares to be held as treasury shares | 0 | 0 | 0 | -5,157,000 | -2,552,000 | -15,308,000 | 0 | 0 | -7,507,000 | -7,583,000 | -24,450,000 | -8,502,000 | 0 | -1,953,000 | 0 | -5,425,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
repayment of subordinated notes | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension settlement gain | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on the sale of debt securities | 0 | 0 | 398,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on equity securities | 3,327,000 | -58,000 | -709,000 | -2,353,000 | -3,335,000 | -1,853,000 | -121,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on the sale of oreo | -50,000 | -27,000 | 229,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other liabilities | -4,998,000 | -5,165,000 | 1,409,000 | 13,859,000 | 4,839,000 | -4,060,000 | -9,742,000 | -3,393,000 | -9,264,000 | 84,000 | 10,166,000 | 2,127,000 | 5,174,000 | 2,805,000 | -8,000 | -11,939,000 | 1,993,000 | -1,022,000 | -8,043,000 | 1,884,000 | -7,546,000 | |||||||||||||||||||||||||||||||||||||||||||
net increase in other investments | -23,000 | 0 | 0 | 0 | -114,000 | -464,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in short-term borrowings | -9,455,000 | -11,381,000 | -222,323,000 | -28,144,000 | -55,284,000 | 17,694,000 | -34,128,000 | -32,859,000 | -36,845,000 | -37,284,000 | 5,260,000 | -60,754,000 | -9,397,000 | -36,321,000 | 32,049,000 | -207,199,000 | 9,108,000 | -36,075,000 | -174,932,000 | -8,912,000 | -174,599,000 | -20,513,000 | -100,166,000 | -113,362,000 | -26,782,000 | -173,885,000 | ||||||||||||||||||||||||||||||||||||||
federal income tax | 10,280,000 | 8,410,000 | 4,850,000 | 5,570,000 | 7,080,000 | 9,900,000 | 3,991,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
new commitments in affordable housing tax credits | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
new commitments in other investment securities | 0 | 250,000 | 0 | 5,000,000 | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other assets | 312,000 | -120,000 | 4,588,000 | -2,609,000 | -13,000,000 | -128,000 | -4,593,000 | -2,734,000 | -1,159,000 | -4,993,000 | -3,091,000 | -7,519,000 | -8,816,000 | -56,000 | -7,018,000 | 6,656,000 | -4,439,000 | -3,236,000 | 1,714,000 | 8,662,000 | -13,816,000 | -5,751,000 | 4,042,000 | -7,908,000 | -553,000 | -914,000 | -6,172,000 | -3,376,000 | -584,000 | -8,305,000 | 8,243,000 | |||||||||||||||||||||||||||||||||
net increase in off-balance sheet deposits | -135,661,000 | -166,134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash payment for fractional shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of investment securities | 0 | 0 | 30,797,000 | 0 | 0 | 934,000 | 253,337,000 | 34,662,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of oreo | -121,000 | 9,000 | -3,000 | -4,000 | 33,000 | 196,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loan (originations) paydowns, portfolio loans | -49,181,000 | -143,257,000 | -14,711,000 | -50,147,000 | -47,909,000 | -46,115,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oreo valuation markup | 0 | 0 | -15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of non-mortgage loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in prepaid dealer premiums | -1,095,000 | -6,032,000 | -958,000 | -1,904,000 | -508,000 | -6,348,000 | -1,322,000 | -219,000 | -2,367,000 | -1,977,000 | -281,000 | -320,000 | -608,000 | -471,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of non-mortgage loans | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for (recovery of) credit losses | 2,492,000 | 183,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of oreo | 159,000 | 12,000 | 81,000 | 147,000 | -4,321,000 | -51,000 | -53,000 | -100,000 | -783,000 | -162,000 | -134,000 | -243,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the redemption/repurchase of federal home loan bank stock | 511,000 | 3,094,000 | 2,128,000 | 2,266,000 | 4,283,000 | 1,397,000 | 5,026,000 | 1,216,000 | 508,000 | 4,051,000 | 5,405,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
transfers from loans to commercial loans held for sale | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loan paydowns, portfolio loans | 50,208,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
life insurance death benefits | 229,000 | 855,000 | 7,158,000 | 367,000 | 4,188,000 | 0 | 674,000 | 633,000 | 0 | 760,000 | 584,000 | 2,649,000 | 0 | 1,379,000 | 963,000 | 0 | 74,000 | 0 | 285,000 | 765,000 | 813,000 | |||||||||||||||||||||||||||||||||||||||||||
right-of-use assets obtained in exchange for lease obligations | 136,000 | 88,000 | 367,000 | 25,000 | 14,000 | 7,755,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | -25,000,000 | 50,000,000 | 25,000,000 | 0 | 0 | 25,000,000 | 0 | 100,000,000 | 50,000,000 | 0 | 25,000,000 | 0 | 25,000,000 | 25,000,000 | 0 | 3,000,000 | 50,000,000 | 150,000,000 | 30,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
repurchase of treasury shares | -2,496,000 | 0 | 0 | -1,485,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net accretion of purchase accounting adjustments | -161,000 | -155,000 | -86,000 | -390,000 | -330,000 | -655,000 | -547,000 | -1,182,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
afs debt securities purchase commitment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recovery of credit losses | 2,991,000 | -4,605,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loan paydowns (originations), portfolio loans | 52,444,000 | 136,316,000 | -41,135,000 | -29,126,000 | 82,288,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outlays for business acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(recovery of) provision for credit losses | 1,972,000 | -4,040,000 | -4,855,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized net debt securities gains | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in ows deposits | -6,186,000 | -3,019,000 | -99,034,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of subordinated notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
new commitments in affordable housing tax credit investments | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized net investment securities gains | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale debt securities | 60,833,000 | 58,344,000 | 69,232,000 | 47,571,000 | 47,922,000 | 51,250,000 | 50,535,000 | 44,066,000 | 54,852,000 | 55,911,000 | 41,097,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of gfsc loans | 3,538,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from (used) in financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for loan losses | 5,153,000 | 2,498,000 | 2,940,000 | 1,386,000 | 260,000 | 4,581,000 | 876,000 | 2,637,000 | 910,000 | 329,000 | 16,655,000 | 18,525,000 | 23,900,000 | 13,500,000 | 14,654,000 | 14,958,000 | 15,856,000 | 12,287,000 | 15,906,000 | 14,569,000 | 7,394,000 | 5,793,000 | 2,881,000 | 2,205,000 | 935,000 | 1,600,000 | 1,325,000 | 1,082,000 | ||||||||||||||||||||||||||||||||||||
realized net investment securities losses | -186,000 | 0 | 0 | 2,271,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
held-to-maturity debt securities | 250,000 | 157,000 | 68,000 | 217,000 | 8,233,000 | 1,652,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal reserve bank stock | -2,494,000 | -101,000 | -2,585,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition of cab financial corporation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of debt securities from htm to afs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loan losses | 2,498,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized net investment securities (gains) losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale of oreo | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oreo valuation adjustments | 41,000 | 55,000 | 27,000 | 77,000 | 114,000 | 207,000 | 22,000 | 272,000 | 73,000 | 233,000 | 221,000 | 118,000 | 718,000 | 935,000 | 675,000 | 416,000 | 2,030,000 | 600,000 | -401,000 | |||||||||||||||||||||||||||||||||||||||||||||
investment in qualified affordable housing | -209,000 | -976,000 | -2,658,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash (paid for) received from acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans transferred to foreclosed assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of loan fees and costs | -1,680,000 | -1,583,000 | -1,576,000 | -1,549,000 | -1,506,000 | 2,323,000 | 2,374,000 | 2,230,000 | 1,935,000 | 1,830,000 | 1,674,000 | 1,678,000 | 946,000 | 734,000 | 1,135,000 | 934,000 | 885,000 | 728,000 | ||||||||||||||||||||||||||||||||||||||||||||||
right of use assets obtained in exchange for lease obligations | 39,000 | 10,970,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities purchase commitments | 2,448,000 | -308,000 | -12,525,000 | 17,156,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for depreciation | 2,152,000 | 2,159,000 | 2,135,000 | 2,179,000 | 2,163,000 | 2,121,000 | 2,105,000 | 2,129,000 | 2,049,000 | 1,773,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of prepayment penalty on long-term debt | 1,604,000 | 1,232,000 | 1,227,000 | 1,222,000 | 1,208,000 | 1,208,000 | 1,202,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 3,025,000 | 7,470,000 | 3,720,000 | 7,500,000 | 8,480,000 | 11,120,000 | 7,420,000 | 7,500,000 | 6,000,000 | 3,000,000 | 7,200,000 | 10,400,000 | 5,420,000 | 18,800,000 | 1,000,000 | 8,104,000 | 18,951,000 | 2,600,000 | 12,400,000 | 12,097,000 | ||||||||||||||||||||||||||||||||||||||||||||
loans transferred to repossessed assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on equity securities | -304,000 | -3,489,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for (recovery of) loan losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale securities | 45,428,000 | 42,926,000 | 40,382,000 | 136,392,000 | 228,363,000 | 341,879,000 | 0 | -21,093,000 | 21,581,000 | 27,331,000 | 29,094,000 | 309,212,000 | 139,290,000 | 151,286,000 | 124,869,000 | 75,071,000 | 536,324,000 | 94,181,000 | 148,894,000 | 120,472,000 | -105,454,000 | 80,289,000 | 106,059,000 | 236,225,000 | 195,424,000 | 79,787,000 | 0 | |||||||||||||||||||||||||||||||||||||
held-to-maturity securities | 2,893,000 | 3,381,000 | 5,990,000 | 8,146,000 | 6,171,000 | 4,984,000 | 10,113,000 | 11,955,000 | 9,632,000 | 10,125,000 | 37,790,000 | 53,463,000 | 116,140,000 | 222,086,000 | 193,725,000 | 27,928,000 | 59,506,000 | 123,942,000 | 16,155,000 | 12,775,000 | 946,000 | 1,894,000 | 3,771,000 | 164,000 | 4,111,000 | 2,888,000 | 2,853,000 | 6,251,000 | 4,893,000 | 4,782,000 | 28,920,000 | 8,949,000 | 8,639,000 | |||||||||||||||||||||||||||||||
investments in qualified affordable housing projects | -239,000 | -1,469,000 | -2,847,000 | -1,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of prepayment penalty of long-term debt | 1,559,000 | 1,549,000 | 1,538,000 | 1,531,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(recovery of) provision for loan losses | -2,225,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of commercial loans held for sale | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of commercial loans held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loan pay downs (originations), portfolio loans | 10,476,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 1,905,000 | 1,776,000 | 1,892,000 | 1,821,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of investment securities | -56,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of long-term debt prepayment penalty | 1,518,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized net investment security gains | 0 | -3,465,000 | -15,362,000 | -6,635,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from redemption of federal home loan bank stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from commercial loans held for sale | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid on common shares | -14,448,000 | -14,469,000 | -14,468,000 | -14,470,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non cash items: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other than temporary impairment on investment securities | 238,000 | 335,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of core deposit intangibles | 112,000 | 113,000 | 112,000 | 139,000 | 669,000 | 669,000 | 669,000 | 822,000 | 937,000 | 936,000 | 937,000 | 1,006,000 | 1,007,000 | 1,006,000 | 1,038,000 | 1,037,000 | 684,000 | 637,000 | 637,000 | 637,000 | 637,000 | 637,000 | 637,000 | |||||||||||||||||||||||||||||||||||||||||
(accretion)/amortization of investment securities | -31,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfers from loans to loans held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(recovery of) benefit from loan losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of federal home loan bank stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of federal home loan bank stock | 8,946,000 | 378,000 | 266,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from calls and maturity of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (increase) in other investments | -1,350,000 | -730,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in qualified affordable housing projects | -8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan put provision | 346,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization/(accretion) of investment securities | -10,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of assets/liabilities related to vision bank | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash payment for repurchase of common share warrant from u.s. treasury | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of preferred shares from u.s. treasury | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid on common shares and preferred shares | -14,487,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from depreciation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfers to oreo | 5,519,000 | 7,103,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid on common stock and preferred stock | -14,486,000 | -14,483,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, accretion and amortization | 2,404,000 | 2,857,000 | 2,816,000 | 2,784,000 | 1,220,000 | 1,220,000 | 423,000 | 518,000 | -150,000 | -128,000 | -569,000 | 58,000 | 104,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other-than-temporary impairment on investment securities | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oreo devaluations | 425,000 | 1,688,000 | 5,257,000 | 4,394,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in other assets | 8,093,000 | 1,631,000 | -22,076,000 | -21,217,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of available-for-sale securities | 216,264,000 | 206,399,000 | 113,105,000 | 0 | 0 | 55,587,000 | 25,309,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturity of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in loans | -4,800,000 | -70,140,000 | -80,533,000 | -112,418,000 | -15,257,000 | -22,277,000 | -18,610,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash payment for fractional shares in dividend reinvestment plan | -1,000 | -1,000 | 0 | -1,000 | 0 | 0 | -1,000 | -1,000 | -2,000 | -1,000 | -1,000 | -1,000 | -2,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash payment for repurchase of common stock warrant from u.s. treasury | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of preferred stock from u.s. treasury | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non cash activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities acquired through payable | 88,223,000 | 25,000,000 | 62,043,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in other liabilities | 4,873,000 | -6,539,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (increase) in loans | 2,374,000 | -18,763,000 | -36,299,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease) in short-term borrowings | 8,959,000 | -82,607,000 | -346,950,000 | 4,900,000 | -5,365,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease) in deposits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from reissuance of common stock from treasury shares held | 6,269,000 | 8,299,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid on common and preferred stock | -15,724,000 | -15,726,000 | -15,725,000 | -15,634,000 | -14,384,000 | -13,855,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities purchased, not yet settled | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in loans | -25,403,000 | -13,530,000 | 10,639,000 | 26,573,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in other liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -44,895,000 | -17,532,000 | -3,583,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock dividends on federal home loan bank stock | -784,000 | -760,000 | -725,000 | -777,000 | -758,000 | -739,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment charge | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, (accretion) and amortization | -699,000 | -13,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment security gains | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans acquired — ohio legacy bank, n.a. branch | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for branch acquisition, ohio legacy bank, n.a. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for bank acquisition, vision bancshares, inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premises and equipment acquired — ohio legacy bank, n.a. branch | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits acquired, ohio legacy bank, n.a. branch | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 0 | 63,000 | 233,000 | 271,000 | 1,928,000 | 974,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury stock | -19,241,000 | -30,714,000 | -4,862,000 | -10,618,000 | -9,659,000 | -10,231,000 | -9,902,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt issued | 100,100,000 | 90,000,000 | 200,000,000 | 150,000,000 | 0 | 75,100,000 | 75,000,000 | 0 | 100,939,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
summary of business acquisitions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of assets acquired — vision bancshares, inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for purchase — vision bancshares, inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued for purchase — vision bancshares, inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of liabilities assumed — vision bancshares, inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill recognized | 0 | -232,000 | -108,789,000 | 0 | 0 | 28,369,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition | 0 | -44,993,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used by investing activities | -62,426,000 | -278,694,000 | -110,084,000 | -32,718,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
summary of business acquisition: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of assets acquired | -232,000 | 686,744,000 | 0 | 0 | 185,372,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for purchase of vision bancshares | 0 | -87,843,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock issued for purchase of vision bancshares | 0 | -83,258,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of liabilities assumed | 0 | -624,432,000 | 0 | 0 | 161,241,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized net investment security | -309,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in interest bearing deposits with other banks | 0 | 599,000 | 499,000 | 498,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for branch acquistion, ohio legacy bank, n.a. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used by) provided from investing activities | -121,209,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from (used by) financing activities | 105,814,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment securities gains | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans sold with branch office | 5,273,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits sold with branch office | 0 | 0 | -12,419,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used by financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for purchase of first clermont bank | 0 | 0 | -52,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from (used by) investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used by) provided from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion, amortization and depreciation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from loans sold with branch office | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for fractional shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options | -1,000 | 23,000 | 95,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, accretion, and amortization | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment security losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquistion | -39,227,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options and purchase of treasury stock | 1,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exhibit 31.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exhibit 31.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exhibit 32.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exhibit 32.2 |