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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 50,032 $ 35,208
Interest-bearing deposit with the Federal Reserve Bank 21,561 63,546
Total cash and cash equivalents 71,593 98,754
Securities available for sale, at fair value 675,675 725,837
Federal Home Loan Bank stock 27,469 35,659
Total securities 703,144 761,496
Loans:    
Total loans 2,577,306 2,490,227
Less: Allowance for loan losses (15,353) (13,866)
Net loans 2,561,953 2,476,361
Premises and equipment, net 47,644 48,804
Other real estate owned 2,455 2,351
Goodwill 100,085 100,085
Other intangible assets 6,879 7,459
Cash surrender value of bank-owned life insurance 75,368 73,810
Deferred tax assets, net 4,988 9,514
Other assets 38,365 29,853
Total assets 3,612,474 3,608,487
Deposits:    
Demand 380,707 370,889
NOW 490,315 484,717
Savings 360,570 358,888
Money market 359,328 335,951
Time 902,665 932,793
Total deposits 2,493,585 2,483,238
Borrowings:    
Senior 641,819 680,823
Subordinated 42,928 42,973
Total borrowings 684,747 723,796
Other liabilities 39,683 30,874
Total liabilities 3,218,015 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 September 30, 2019 and December 31, 2018, respectively 32,857 32,857
Additional paid-in capital 188,283 187,653
Retained earnings 174,994 166,526
Accumulated other comprehensive income (loss) 3,045 (11,802)
Less: 879,785 and 905,201 shares of treasury stock at September 30, 2019 and December 31, 2018, respectively (4,720) (4,655)
Total shareholders’ equity 394,459 370,579
Total liabilities and shareholders’ equity 3,612,474 3,608,487
Commercial real estate    
Loans:    
Loans: 923,773 826,699
Commercial and industrial    
Loans:    
Loans: 402,706 404,870
Residential real estate    
Loans:    
Loans: 1,143,452 1,144,698
Consumer    
Loans:    
Loans: $ 107,375 $ 113,960