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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 42,657 $ 35,208
Interest-bearing deposit with the Federal Reserve Bank 17,203 63,546
Total cash and cash equivalents 59,860 98,754
Securities available for sale, at fair value 748,560 725,837
Federal Home Loan Bank stock 35,220 35,659
Total securities 783,780 761,496
Loans:    
Total loans 2,578,238 2,490,227
Less: Allowance for loan losses (14,572) (13,866)
Net loans 2,563,666 2,476,361
Premises and equipment, net 50,230 48,804
Other real estate owned 2,351 2,351
Goodwill 100,085 100,085
Other intangible assets 7,072 7,459
Cash surrender value of bank-owned life insurance 74,871 73,810
Deferred tax assets, net 5,649 9,514
Other assets 40,071 29,853
Total assets 3,687,635 3,608,487
Deposits:    
Demand 354,125 370,889
NOW 472,576 484,717
Savings 352,657 358,888
Money market 305,506 335,951
Time 996,512 932,793
Total deposits 2,481,376 2,483,238
Borrowings:    
Senior 733,084 680,823
Subordinated 42,943 42,973
Total borrowings 776,027 723,796
Other liabilities 39,670 30,874
Total liabilities 3,297,073 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 June 30, 2019 and December 31, 2018, respectively 32,857 32,857
Additional paid-in capital 188,144 187,653
Retained earnings 173,400 166,526
Accumulated other comprehensive income (loss) 877 (11,802)
Less: 884,082 and 905,201 shares of treasury stock at June 30, 2019 and December 31, 2018, respectively (4,716) (4,655)
Total shareholders’ equity 390,562 370,579
Total liabilities and shareholders’ equity 3,687,635 3,608,487
Commercial real estate    
Loans:    
Loans: 881,479 826,699
Commercial and industrial    
Loans:    
Loans: 416,725 404,870
Residential real estate    
Loans:    
Loans: 1,167,759 1,144,698
Consumer    
Loans:    
Loans: $ 112,275 $ 113,960