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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 14,799 $ 12,301
Short-term investments 332,195 502,627
Cash and cash equivalents 346,994 514,928
Securities available-for-sale, at fair value 763,789 673,453
Loans 1,037,101 960,567
Less: Allowance for credit losses 13,049 12,041
Loans, net 1,024,052 948,526
Payments in advance of funding 269,221 291,427
Premises and equipment, net 19,375 18,113
Investment in bank-owned life insurance 47,714 43,176
Goodwill 17,309 14,262
Other intangible assets, net 4,321 2,564
Other assets 118,040 48,452
Total assets 2,610,815 2,554,901
Deposits:    
Noninterest-bearing 581,731 582,642
Interest-bearing 647,990 638,861
Total deposits 1,229,721 1,221,503
Accounts and drafts payable 1,146,334 1,050,396
Other liabilities 43,025 37,204
Total liabilities 2,419,080 2,309,103
Shareholders’ Equity:    
Preferred stock, par value $.50 per share; 2,000,000 shares authorized and no shares issued 0 0
Common Stock, Value, Outstanding 7,753 7,753
Additional paid-in capital 205,624 204,276
Retained earnings 126,361 112,220
Common shares in treasury, at cost (1,845,384 shares at September 30, 2022 and 1,771,477 shares at December 31, 2021) (81,624) (78,904)
Accumulated other comprehensive (loss) income (66,379) 453
Total shareholders’ equity 191,735 245,798
Total liabilities and shareholders’ equity $ 2,610,815 $ 2,554,901