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CONSOLIDATED STATEMENTS OF CONDITION (CURRENT PERIOD UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 63,620 $ 52,240
Interest-bearing deposits in other banks (including restricted cash) 73,912 14,759
Total cash, cash equivalents and restricted cash 137,532 66,999
Investments:    
Available-for-sale securities, at fair value (book value of $903,988 and $933,399, respectively) 913,523 910,692
Held-to-maturity securities, at amortized cost (fair value of $1,352 and $1,291, respectively) 1,303 1,307
Other investments 11,618 14,679
Total investments 926,444 926,678
Loans held for sale, at fair value (book value of $16,630 and $4,314, respectively) 16,449 4,403
Loans 3,110,634 3,026,222
Less: allowance for loan losses (25,688) (24,712)
Net loans 3,084,946 3,001,510
Goodwill 94,697 94,697
Other intangible assets 3,701 4,230
Bank-owned life insurance 91,729 89,919
Premises and equipment, net 40,930 42,495
Deferred tax assets 15,656 23,053
Other assets 108,231 43,451
Total assets 4,520,315 4,297,435
Deposits:    
Non-interest checking 573,621 496,729
Interest checking 1,147,627 1,023,373
Savings and money market 1,105,290 1,137,356
Certificates of deposit 541,199 443,912
Brokered deposits 250,226 363,104
Total deposits 3,617,963 3,464,474
Short-term borrowings 273,454 270,868
Long-term borrowings 10,000 11,580
Subordinated debentures 59,005 59,067
Accrued interest and other liabilities 88,221 55,621
Total liabilities 4,048,643 3,861,610
Commitments and Contingencies
Shareholders’ Equity    
Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 15,224,903 and 15,591,914 on September 30, 2019 and December 31, 2018, respectively 142,215 158,215
Retained earnings 330,340 302,030
Accumulated other comprehensive loss:    
Net unrealized gains (losses) on available-for-sale debt securities, net of tax 7,484 (17,826)
Net unrealized losses on cash flow hedging derivative instruments, net of tax (6,355) (4,437)
Net unrecognized losses on postretirement plans, net of tax (2,012) (2,157)
Total accumulated other comprehensive loss (883) (24,420)
Total shareholders’ equity 471,672 435,825
Total liabilities and shareholders’ equity $ 4,520,315 $ 4,297,435