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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 142,335 $ 138,503
Interest-bearing deposits in depository institutions 11,089 9,725
Cash and Cash Equivalents 153,424 148,228
Investment securities available for sale, at fair value 287,609 254,043
Investment securities held-to-maturity, at amortized cost (approximate fair value at June 30, 2015 and December 31, 2014, - $86,561 and $94,191, respectively) 84,082 90,786
Other securities 9,926 9,857
Total Investment Securities 381,617 354,686
Gross loans 2,684,457 2,652,066
Allowance for loan losses (20,809) (20,150)
Net Loans 2,663,648 2,631,916
Bank owned life insurance 96,663 95,116
Premises and equipment, net 75,900 77,988
Accrued interest receivable 7,838 6,826
Net deferred tax asset 32,674 36,766
Goodwill and other intangible assets, net 70,779 74,198
Other assets 30,080 35,909
Total Assets 3,512,623 3,461,633
Liabilities    
Noninterest-bearing 563,715 545,465
Interest-bearing:    
Demand deposits 646,198 639,932
Savings deposits 695,383 660,727
Time deposits 997,387 1,026,663
Total Deposits 2,902,683 2,872,787
Short-term borrowings 153,171 134,931
Long-term debt 16,495 16,495
Other liabilities 29,034 46,567
Total Liabilities 3,101,383 3,070,780
Shareholders’ Equity    
Preferred stock, par value $25 per share: 500,000 shares authorized; none issued 0 0
Common stock, par value $2.50 per share: 50,000,000 shares authorized; 18,499,282 shares issued at June 30, 2015 and December 31, 2014, less 3,222,332 and 3,345,590 shares in treasury, respectively 46,249 46,249
Capital surplus 105,891 107,370
Retained earnings 379,379 362,211
Cost of common stock in treasury (115,387) (120,818)
Accumulated other comprehensive income (loss):    
Unrealized loss on securities available-for-sale 457 1,190
Underfunded pension liability (5,349) (5,349)
Total Accumulated Other Comprehensive Loss (4,892) (4,159)
Total Shareholders’ Equity 411,240 390,853
Total Liabilities and Shareholders’ Equity $ 3,512,623 $ 3,461,633