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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 49,806 $ 54,450
Interest-bearing deposits in depository institutions 256,104 28,058
Cash and Cash Equivalents 305,910 82,508
Investment securities available for sale, at fair value 563,003 550,389
Investment securities held-to-maturity, at amortized cost (approximate fair value at September 30, 2018 and December 31, 2017 - $56,841 and $65,646, respectively) 57,812 64,449
Other securities 28,875 14,147
Total Investment Securities 649,690 628,985
Gross loans 3,146,697 3,127,410
Allowance for loan losses (16,311) (18,836)
Net Loans 3,130,386 3,108,574
Bank owned life insurance 105,372 103,440
Premises and equipment, net 72,484 72,682
Accrued interest receivable 11,449 9,223
Net deferred tax asset 15,653 11,913
Goodwill and other intangible assets, net 78,215 78,595
Other assets 51,643 36,361
Total Assets 4,420,802 4,132,281
Deposits:    
Noninterest-bearing 672,042 666,639
Interest-bearing:    
Demand deposits 802,490 769,245
Savings deposits 821,390 796,275
Time deposits 1,147,709 1,083,475
Total Deposits 3,443,631 3,315,634
Federal funds purchased 170,000 54,000
Customer repurchase agreements 220,124 198,219
Long-term debt 16,495 16,495
Other liabilities 58,526 45,426
Total Liabilities 3,908,776 3,629,774
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; 19,047,548 shares issued at September 30, 2018 and December 31, 2017, less 3,598,106 and 3,429,519 shares in treasury, respectively 47,619 47,619
Capital surplus 140,450 140,960
Retained earnings 484,017 444,481
Cost of common stock in treasury (136,783) (124,909)
Accumulated other comprehensive income (loss):    
Unrealized (loss) on securities available-for-sale (18,244) (611)
Underfunded pension liability (5,033) (5,033)
Total Accumulated Other Comprehensive (Loss) (23,277) (5,644)
Total Shareholders’ Equity 512,026 502,507
Total Liabilities and Shareholders’ Equity $ 4,420,802 $ 4,132,281