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CONSOLIDATED STATEMENTS OF CONDITION (CURRENT PERIOD UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 49,542 $ 44,057
Interest-bearing deposits in other banks 67,604 58,914
Cash 117,146 102,971
Investments:    
Available-for-sale securities, at fair value 799,000 789,899
Held-to-maturity securities, at amortized cost (fair value of $91.6 million and $94.9 million, respectively) 93,062 94,073
Other investments 26,342 23,670
Total investments 918,404 907,642
Loans held for sale, at fair value 12,656 8,103
Loans 2,867,529 2,782,439
Less: allowance for loan losses (23,668) (24,171)
Net loans 2,843,861 2,758,268
Goodwill 94,697 94,697
Other intangible assets 4,592 4,955
Bank-owned life insurance 88,706 87,489
Premises and equipment, net 41,017 41,891
Deferred tax assets 25,506 22,776
Other assets 47,197 36,606
Total assets 4,193,782 4,065,398
Deposits:    
Demand 496,368 478,643
Interest checking 879,668 855,570
Savings and money market 990,408 985,508
Certificates of deposit 472,215 475,010
Brokered deposits 217,460 205,760
Total deposits 3,056,119 3,000,491
Short-term borrowings 591,648 541,796
Long-term borrowings 10,756 10,791
Subordinated debentures 58,989 58,911
Accrued interest and other liabilities 66,331 49,996
Total liabilities 3,783,843 3,661,985
Commitments and Contingencies
Shareholders’ Equity    
Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 15,576,249 and 15,524,704 on June 30, 2018 and December 31, 2017, respectively 157,494 156,904
Retained earnings 283,372 266,723
Accumulated other comprehensive loss:    
Net unrealized losses on available-for-sale debt securities, net of tax (23,197) (10,300)
Net unrealized losses on cash flow hedging derivative instruments, net of tax (3,974) (5,926)
Net unrecognized losses on postretirement plans, net of tax (3,756) (3,988)
Total accumulated other comprehensive loss (30,927) (20,214)
Total shareholders’ equity 409,939 403,413
Total liabilities and shareholders’ equity $ 4,193,782 $ 4,065,398