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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 55,016 $ 54,450
Interest-bearing deposits in depository institutions 67,975 28,058
Cash and Cash Equivalents 122,991 82,508
Investment securities available for sale, at fair value 723,254 550,389
Investment securities held-to-maturity, at amortized cost (approximate fair value at December 31, 2018 and 2017 - $60,706 and $65,646, respectively) 60,827 64,449
Other securities 28,810 14,147
Total Investment Securities 812,891 628,985
Gross loans 3,587,608 3,127,410
Allowance for loan losses (15,966) (18,836)
Net Loans 3,571,642 3,108,574
Bank owned life insurance 113,544 103,440
Premises and equipment, net 78,383 72,682
Accrued interest receivable 12,424 9,223
Deferred tax asset, net 17,338 11,913
Goodwill and other intangible assets, net 122,848 78,595
Other assets 46,951 36,361
Total Assets 4,899,012 4,132,281
Deposits:    
Noninterest-bearing 789,119 666,639
Interest-bearing:    
Demand deposits 899,568 769,245
Savings deposits 934,218 796,275
Time deposits 1,352,654 1,083,475
Total Deposits 3,975,559 3,315,634
Short-term borrowings:    
Federal Home Loan Bank advances 40,000 54,000
Securities sold under agreements to repurchase 221,911 198,219
Long-term debt 4,053 16,495
Other liabilities 56,725 45,426
Total Liabilities 4,298,248 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 December 31, 2018 and 2017, less 2,492,403 and 3,429,519 shares in treasury, respectively 47,619 47,619
Capital surplus 169,555 140,960
Retained earnings 485,967 444,481
Treasury stock (87,895) (124,909)
Accumulated other comprehensive loss:    
Unrealized loss on securities available-for-sale (8,611) (611)
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax 5,871 5,033
Total Accumulated Other Comprehensive Loss (14,482) (5,644)
Total Shareholders’ Equity 600,764 502,507
Total Liabilities and Shareholders’ Equity $ 4,899,012 $ 4,132,281