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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 37,504 $ 35,208
Interest-bearing deposit with the Federal Reserve Bank 16,599 63,546
Total cash and cash equivalents 54,103 98,754
Securities available for sale, at fair value 747,235 725,837
Federal Home Loan Bank stock 35,107 35,659
Total securities 782,342 761,496
Loans:    
Commercial real estate 821,567 826,699
Commercial and industrial 409,937 404,870
Residential real estate 1,184,053 1,144,698
Consumer 111,402 113,960
Total loans 2,526,959 2,490,227
Less: Allowance for loan losses (13,997) (13,866)
Net loans 2,512,962 2,476,361
Premises and equipment, net 49,661 48,804
Other real estate owned 2,351 2,351
Goodwill 100,085 100,085
Other intangible assets 7,266 7,459
Cash surrender value of bank-owned life insurance 74,352 73,810
Deferred tax assets, net 7,632 9,514
Other assets 38,441 29,853
Total assets 3,629,195 3,608,487
Deposits:    
Demand 342,030 370,889
NOW 470,277 484,717
Savings 346,813 358,888
Money market 349,833 335,951
Time 956,818 932,793
Total deposits 2,465,771 2,483,238
Borrowings:    
Senior 703,283 680,823
Subordinated 42,958 42,973
Total borrowings 746,241 723,796
Other liabilities 36,160 30,874
Total liabilities 3,248,172 3,237,908
Shareholders’ equity    
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 and 16,428,388 shares at March 31, 2019 and December 31, 2018, respectively 32,857 32,857
Additional paid-in capital 187,743 187,653
Retained earnings 170,702 166,526
Accumulated other comprehensive loss (5,628) (11,802)
Less: 904,760 and 905,201 shares of treasury stock at March 31, 2019 and December 31, 2018, respectively (4,651) (4,655)
Total shareholders’ equity 381,023 370,579
Total liabilities and shareholders’ equity $ 3,629,195 $ 3,608,487