XML 46 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 68,472 $ 64,632
Interest bearing deposits 153,349 75,718
Federal funds sold 0 1,100
Cash and cash equivalents 221,821 141,450
Certificates of deposit in other banks 245 3,920
Securities available-for-sale at fair value (amortized cost of $643,164 and $602,114, respectively) 649,976 593,746
Securities held-to-maturity at amortized cost (fair value of $517 and $649, respectively) 517 649
Equity securities at fair value 1,743 1,173
Loans held for sale 1,943 2,461
Loans 3,214,785 3,208,638
Allowance for loan and lease losses (34,811) (35,908)
Net loans 3,179,974 3,172,730
Premises and equipment, net 44,223 45,291
Right-of-use asset 14,702 0
Federal Home Loan Bank stock 10,794 14,713
Federal Reserve Bank stock 4,887 4,887
Goodwill 65,490 65,490
Bank owned life insurance 68,929 67,076
Mortgage servicing rights 2,904 3,607
Other real estate owned 19,833 27,273
Other assets 49,682 57,150
Total assets 4,337,663 4,201,616
Deposits:    
Noninterest bearing 849,582 803,316
Interest bearing 2,539,973 2,502,634
Total deposits 3,389,555 3,305,950
Repurchase agreements 228,755 232,712
Federal funds purchased 5,900 1,180
Advances from Federal Home Loan Bank 421 436
Long-term debt 57,841 59,341
Deferred taxes 4,286 3,363
Operating lease liability 13,826 0
Finance lease liability 1,460 0
Other liabilities 30,101 34,484
Total liabilities 3,732,145 3,637,466
Shareholders' equity:    
Preferred stock, 300,000 shares authorized and unissued 0 0
Common stock, $5 par value, shares authorized 25,000,000; shares outstanding 2019 - 17,777,251; 2018 - 17,732,853 88,886 88,665
Capital surplus 224,210 223,161
Retained earnings 287,493 258,935
Accumulated other comprehensive income (loss), net of tax 4,929 (6,611)
Total shareholders' equity 605,518 564,150
Total liabilities and shareholders' equity $ 4,337,663 $ 4,201,616