XML 18 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 35,208 $ 34,262
Interest-bearing deposit with the Federal Reserve Bank 63,546 56,423
Total cash and cash equivalents 98,754 90,685
Securities available for sale, at fair value 725,837 717,242
Federal Home Loan Bank stock 35,659 38,105
Total securities 761,496 755,347
Commercial real estate 826,699 826,746
Commercial and industrial 404,870 379,423
Residential real estate 1,144,698 1,155,682
Consumer 113,960 123,762
Total loans 2,490,227 2,485,613
Less: Allowance for loan losses (13,866) (12,325)
Net loans 2,476,361 2,473,288
Premises and equipment, net 48,804 47,708
Other real estate owned 2,351 122
Goodwill 100,085 100,085
Other intangible assets, net 7,459 8,383
Cash surrender value of bank-owned life insurance 73,810 57,997
Deferred tax assets, net 9,514 7,180
Other assets 29,853 24,389
Total assets 3,608,487 3,565,184
Liabilities    
Demand 370,889 349,055
NOW 484,717 466,610
Savings 358,888 364,799
Money market 335,951 305,275
Time 932,793 866,346
Total deposits 2,483,238 2,352,085
Borrowings:    
Senior 680,823 786,688
Subordinated 42,973 43,033
Total borrowings 723,796 829,721
Other liabilities 30,874 28,737
Total liabilities 3,237,908 3,210,543
Shareholders’ equity    
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 and 16,428,388 shares at December 31, 2018 and December 31, 2017, respectively 32,857 32,857
Additional paid-in capital 187,653 186,702
Retained earnings 166,526 144,977
Accumulated other comprehensive loss (11,802) (4,554)
Less: 905,201 and 985,462 shares of treasury stock at December 31, 2018 and December 31, 2017, respectively, at cost (4,655) (5,341)
Total shareholders’ equity 370,579 354,641
Total liabilities and shareholders’ equity $ 3,608,487 $ 3,565,184