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CONSOLIDATED STATEMENTS OF CONDITION (CURRENT PERIOD UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 93,033 $ 87,707
Investments:    
Available-for-sale securities, at fair value 810,858 779,867
Held-to-maturity securities, at amortized cost 94,340 94,609
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 27,140 23,203
Total investments 932,338 897,679
Loans held for sale, at fair value 10,784 14,836
Loans 2,736,269 2,594,564
Less: allowance for loan losses (24,394) (23,116)
Net loans 2,711,875 2,571,448
Goodwill 94,697 94,697
Other intangible assets 5,820 6,764
Bank-owned life insurance 79,266 78,119
Premises and equipment, net 42,362 42,873
Deferred tax assets 36,532 39,263
Other assets 29,660 30,844
Total assets 4,036,367 3,864,230
Deposits:    
Demand 424,174 406,934
Interest checking 737,532 701,494
Savings and money market 971,156 979,263
Certificates of deposit 456,227 468,203
Brokered deposits 351,777 272,635
Total deposits 2,940,866 2,828,529
Short-term borrowings 572,073 530,129
Long-term borrowings 10,756 10,791
Subordinated debentures 58,833 58,755
Accrued interest and other liabilities 46,879 44,479
Total liabilities 3,629,407 3,472,683
Commitments and Contingencies
Shareholders’ Equity    
Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 15,512,914 and 15,476,379 on June 30, 2017 and December 31, 2016, respectively 156,312 156,041
Retained earnings 262,559 249,415
Accumulated other comprehensive loss:    
Net unrealized losses on available-for-sale securities, net of tax (4,365) (6,085)
Net unrealized losses on cash flow hedging derivative instruments, net of tax (5,502) (5,694)
Net unrecognized losses on postretirement plans, net of tax (2,044) (2,130)
Total accumulated other comprehensive loss (11,911) (13,909)
Total shareholders’ equity 406,960 391,547
Total liabilities and shareholders’ equity $ 4,036,367 $ 3,864,230