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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets:    
Cash and due from banks $ 53,727 $ 51,974
Interest bearing deposits 107,821 134,846
Federal funds sold 841 791
Cash and cash equivalents 162,389 187,611
Certificates of deposit in other banks 1,596 3,832
Securities available-for-sale at fair value (amortized cost of $573,660 and $593,381, respectively) 580,950 594,936
Securities held-to-maturity at amortized cost (fair value of $1,662 and $1,651, respectively) 1,661 1,661
Loans held for sale 2,707 1,172
Loans 2,889,291 2,873,961
Allowance for loan and lease losses (36,329) (36,094)
Net loans 2,852,962 2,837,867
Premises and equipment, net 48,160 48,188
Federal Home Loan Bank stock 17,927 17,927
Federal Reserve Bank stock 4,887 4,887
Goodwill 65,490 65,490
Core deposit intangible (net of accumulated amortization of $8,364 and $8,324, respectively) 252 291
Bank owned life insurance 62,720 62,335
Mortgage servicing rights 2,908 3,236
Other real estate owned 38,985 40,674
Other assets 36,244 33,827
Total assets 3,879,838 3,903,934
Deposits:    
Noninterest bearing 757,830 749,975
Interest bearing 2,276,388 2,230,807
Total deposits 3,034,218 2,980,782
Repurchase agreements 259,083 251,225
Federal funds purchased and other short-term borrowings 5,851 3,596
Advances from Federal Home Loan Bank 1,028 101,056
Long-term debt 61,341 61,341
Deferred taxes 11,442 8,920
Other liabilities 21,238 21,431
Total liabilities 3,394,201 3,428,351
Shareholders' equity:    
Preferred stock, 300,000 shares authorized and unissued 0 0
Common stock, $5 par value, shares authorized 25,000,000; shares outstanding 2016 - 17,553,490; 2015 - 17,536,914 87,767 87,685
Capital surplus 217,106 217,032
Retained earnings 176,025 169,855
Accumulated other comprehensive income, net of tax 4,739 1,011
Total shareholders' equity 485,637 475,583
Total liabilities and shareholders' equity $ 3,879,838 $ 3,903,934