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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 52,776 $ 37,261
Interest-bearing deposit with the Federal Reserve Bank 17,897 19,649
Total cash and cash equivalents 70,673 56,910
Securities:    
Securities available for sale, at fair value 641,574 663,230
Federal Home Loan Bank stock 20,265 20,679
Total securities 661,839 683,909
Loans:    
Loans 2,729,417 2,641,092
Less: Allowance for loan losses (16,509) (15,353)
Net loans 2,712,908 2,625,739
Premises and equipment, net 50,464 51,205
Other real estate owned 2,318 2,236
Goodwill 119,477 118,649
Other intangible assets 8,155 8,641
Cash surrender value of bank-owned life insurance 76,896 75,863
Deferred tax assets, net 2,451 3,865
Other assets 75,084 42,111
Total assets 3,780,265 3,669,128
Deposits:    
Demand 504,325 414,534
NOW 642,908 575,809
Savings 466,668 388,683
Money market 402,835 384,090
Time 678,126 932,635
Total deposits 2,694,862 2,695,751
Borrowings:    
Senior 546,863 471,396
Subordinated 59,879 59,920
Total borrowings 606,742 531,316
Other liabilities 74,487 45,654
Total liabilities 3,376,091 3,272,721
Shareholders' equity    
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 shares at June 30, 2020 and December 31, 2019 32,857 32,857
Additional paid-in capital 189,526 188,536
Retained earnings 185,163 175,780
Accumulated other comprehensive income (loss) 8,521 3,911
Less: 1,214,440 and 870,257 shares of treasury stock at June 30, 2020 and December 31, 2019, respectively (11,893) (4,677)
Total shareholders' equity 404,174 396,407
Total liabilities and shareholders' equity 3,780,265 3,669,128
Commercial real estate    
Loans:    
Loans 982,070 930,661
Total commercial and industrial    
Loans:    
Loans 539,442 423,291
Residential real estate    
Loans:    
Loans 1,083,708 1,151,857
Consumer    
Loans:    
Loans $ 124,197 $ 135,283