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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Cash and cash equivalents:    
Cash and due from banks $ 37,769 $ 39,933
Interest-earning deposits with other banks 44,933 52,362
Total cash and cash equivalents 82,702 92,295
Securities:    
Securities available for sale 557,040 559,516
Federal Home Loan Bank stock 15,718 14,893
Total securities 572,758 574,409
Loans held for sale 463  
Loans:    
Total loans 2,944,005 2,902,690
Less: Allowance for credit losses (26,607) (25,860)
Net loans 2,917,398 2,876,830
Premises and equipment, net 47,549 47,622
Goodwill 119,477 119,477
Other intangible assets 5,568 5,801
Cash surrender value of bank-owned life insurance 78,436 81,197
Deferred tax assets, net 22,858 24,443
Other assets 81,269 87,729
Total assets 3,928,478 3,909,803
Deposits:    
Demand 636,710 676,350
NOW 908,483 900,730
Savings 628,798 664,514
Money market 475,577 478,398
Time 404,246 323,439
Total deposits 3,053,814 3,043,431
Borrowings:    
Senior 338,244 333,957
Subordinated 60,330 60,289
Total borrowings 398,574 394,246
Other liabilities 67,680 78,676
Total liabilities 3,520,068 3,516,353
Shareholders' equity    
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 shares; outstanding 15,124,451 shares and 15,001,329 shares at March 31, 2023 and December 31, 2022 respectively 32,857 32,857
Additional paid-in capital 192,261 191,922
Retained earnings 252,884 243,815
Accumulated other comprehensive loss (53,151) (58,340)
Less: 1,303,937 and 1,345,700 shares of treasury stock, at cost, at March 31, 2023 and December 31, 2022, respectively (16,441) (16,804)
Total shareholders' equity 408,410 393,450
Total liabilities and shareholders' equity $ 3,928,478 $ 3,909,803