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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 53,173 $ 37,261
Interest-bearing deposits with the Federal Reserve Bank 162,484 19,649
Total cash and cash equivalents 215,657 56,910
Securities:    
Securities available for sale, at fair value 604,529 663,230
Federal Home Loan Bank stock 13,975 20,679
Total securities 618,504 683,909
Loans:    
Total loans 2,708,691 2,641,092
Less: Allowance for loan losses (17,907) (15,353)
Net loans 2,690,784 2,625,739
Premises and equipment, net 51,424 51,205
Other real estate owned 1,983 2,236
Goodwill 119,477 118,649
Other intangible assets 7,913 8,641
Cash surrender value of bank-owned life insurance 77,388 75,863
Deferred tax assets, net 2,180 3,865
Other assets 74,400 42,111
Total assets 3,859,710 3,669,128
Deposits:    
Demand 515,064 414,534
NOW 706,048 575,809
Savings 511,938 388,683
Money market 388,356 384,090
Time 813,509 932,635
Total deposits 2,934,915 2,695,751
Borrowings:    
Senior 385,472 471,396
Subordinated 59,920 59,920
Total borrowings 445,392 531,316
Other liabilities 74,958 45,654
Total liabilities 3,455,265 3,272,721
Shareholders' equity    
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 shares at September 30, 2020 and December 31, 2019 32,857 32,857
Additional paid-in capital 189,606 188,536
Retained earnings 190,249 175,780
Accumulated other comprehensive income 9,405 3,911
Less: 1,499,823 and 870,257 shares of treasury stock at September 30, 2020 and December 31, 2019, respectively (17,672) (4,677)
Total shareholders' equity 404,445 396,407
Total liabilities and shareholders' equity 3,859,710 3,669,128
Commercial real estate    
Loans:    
Total loans 1,045,635 930,661
Commercial and industrial    
Loans:    
Total loans 522,510 423,291
Residential real estate    
Loans:    
Total loans 1,021,206 1,151,857
Consumer    
Loans:    
Total loans $ 119,340 $ 135,283