v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 1,350,000 $ 1,558,000
Interest-bearing deposits in other banks 28,061,000 16,398,000
Debt Securities held to maturity 899,000 1,122,000
Debt securities available for sale 28,481,000 27,154,000
Loans held for sale 1,003,000 1,905,000
Loans, net of unearned income [1] 87,784,000 85,266,000
Allowance for loan losses (1,479,000) (2,167,000)
Net loans 86,305,000 83,099,000
Other earning assets 1,187,000 1,217,000
Premises and equipment, net 1,814,000 1,897,000
Interest receivable 319,000 346,000
Goodwill 5,744,000 5,190,000
Residential mortgage servicing rights at fair value 418,000 296,000
Other identifiable intangible assets, net 305,000 122,000
Other assets 7,052,000 7,085,000
Total assets 162,938,000 147,389,000
Deposits:    
Noninterest-bearing Deposit Liabilities 58,369,000 51,289,000
Interest-bearing 80,703,000 71,190,000
Total deposits 139,072,000 122,479,000
Borrowed funds:    
Long-term borrowings 2,407,000 3,569,000
Total borrowed funds 2,407,000 3,569,000
Other liabilities 3,133,000 3,230,000
Total liabilities 144,612,000 129,278,000
Equity:    
Preferred stock 1,659,000 1,656,000
Common stock 10,000 10,000
Additional paid-in capital 12,189,000 12,731,000
Retained earnings 5,550,000 3,770,000
Treasury stock, at cost (1,371,000) (1,371,000)
Accumulated other comprehensive income, net 289,000 1,315,000
Total shareholders’ equity 18,326,000 18,111,000
Total liabilities and equity $ 162,938,000 $ 147,389,000
[1] Loans are presented net of unearned income, unamortized discounts and premiums and deferred loan fees and costs of $630 million and $678 million at December 31, 2021 and 2020, respectively.