XML 15 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Deposits:    
Non-interest bearing $ 628,944 $ 575,784
Interest bearing 2,417,269 2,412,902
Total deposits 3,046,213 2,988,686
Cash and due from banks:    
Non-interest bearing 62,767 63,593
Interest bearing 169,285 77,142
Federal funds sold 496 665
Cash and cash equivalents 232,548 141,400
Certificates of deposit investments 7,320 7,569
Investment securities:    
Available-for-sale, at fair value 695,618 692,274
Held-to-maturity, at amortized cost (estimated fair value of $68,743 and $67,909 at March 31, 2019 and December 31, 2018, respectively) 69,462 69,436
Loans held for sale 1,233 1,508
Loans 2,595,761 2,643,011
Less allowance for loan losses (26,704) (26,189)
Net loans 2,569,057 2,616,822
Interest receivable 16,073 16,881
Other real estate owned 3,796 2,534
Premises and equipment, net 59,237 59,117
Goodwill, net 104,997 105,277
Intangible assets, net 32,464 33,820
Bank Owned Life Insurance 65,914 65,484
Operating lease right-of-use assets 13,531 0
Other assets 24,369 27,612
Total assets 3,895,619 3,839,734
Liabilities and Stockholders' Equity    
Securities sold under agreements to repurchase 157,760 192,330
Interest payable 2,166 1,758
Federal Home Loan Bank Advances Short and Long Term   119,745
Advances from Federal Home Loan Banks 119,791  
Other borrowings 6,257 7,724
Junior subordinated debentures 29,042 29,000
Operating lease liabilities 13,533 0
Other liabilities 23,705 24,627
Total liabilities 3,398,467 3,363,870
Stockholders' Equity    
Common stock, $4 par value; authorized 30,000,000 shares; issued 17,251,505 and 17,219,012 shares in 2019 and 2018, respectively 71,006 70,876
Additional paid-in capital 294,837 293,937
Retained earnings 144,708 131,392
Deferred compensation 2,074 2,761
Accumulated other comprehensive income (loss) 1,155 (6,473)
Less treasury stock at cost, 574,377 shares in 2019 and 2018 (16,628) (16,629)
Total stockholders’ equity 497,152 475,864
Total liabilities and stockholders’ equity $ 3,895,619 $ 3,839,734