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Consolidated Statements Of Condition - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 38,902 $ 49,524
Interest-bearing deposits in other banks (including restricted cash) 181,723 96,250
Total cash, cash equivalents and restricted cash 220,625 145,774
Securities    
Trading securities 4,428 4,161
Available-for-sale securities, at fair value (amortized cost of $1,508,981 and $1,078,474, respectively) 1,507,486 1,115,813
Held-to-maturity securities, at amortized cost (fair value of $1,380 and $1,411, respectively) 1,291 1,297
Other investments 10,280 11,541
Total investments 1,523,485 1,132,812
Loans held for sale, at fair value (book value of $5,786 and $40,499, respectively) 5,815 41,557
Loans 3,431,474 3,219,822
Less: allowance for credit losses on loans (33,256) (37,865)
Net loans 3,398,218 3,181,957
Goodwill 94,697 94,697
Core deposit intangible assets 2,188 2,843
Bank-owned life insurance 97,241 94,877
Premises and equipment, net 37,775 39,884
Deferred tax assets 19,210 11,956
Other assets 101,102 152,388
Total assets 5,500,356 4,898,745
Deposits    
Non-interest checking 1,279,565 792,550
Interest checking 1,351,736 1,288,575
Savings and money market 1,459,472 1,282,886
Certificates of deposit 309,648 357,666
Brokered deposits 208,468 283,567
Total deposits 4,608,889 4,005,244
Short-term borrowings 211,608 162,439
Long-term borrowings 0 25,000
Subordinated debentures 44,331 59,331
Accrued interest and other liabilities 94,234 117,417
Total liabilities 4,959,062 4,369,431
Commitments and contingencies
Shareholders' Equity    
Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 14,739,956 and 14,909,097 on December 31, 2021 and 2020, respectively 123,111 131,072
Retained earnings 424,412 377,502
Accumulated other comprehensive income (loss)    
Net unrealized (loss) gain on available-for-sale securities, net of tax (1,173) 29,310
Net unrealized loss on cash flow hedging derivative instruments, net of tax (1,779) (4,626)
Net unrecognized loss on postretirement plans, net of tax (3,277) (3,944)
Total accumulated other comprehensive (loss) income (6,229) 20,740
Total shareholders’ equity 541,294 529,314
Total liabilities and shareholders’ equity $ 5,500,356 $ 4,898,745