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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Cash and cash equivalents:    
Cash and due from banks $ 46,532 $ 39,933
Interest-earning deposits with other banks 77,253 52,362
Total cash and cash equivalents 123,785 92,295
Securities:    
Securities available for sale 538,178 559,516
Federal Home Loan Bank stock 17,784 14,893
Total securities 555,962 574,409
Loans held for sale 3,669  
Loans:    
Total loans 3,007,480 2,902,690
Less: Allowance for credit losses (27,362) (25,860)
Net loans 2,980,118 2,876,830
Premises and equipment, net 47,412 47,622
Goodwill 119,477 119,477
Other intangible assets 5,335 5,801
Cash surrender value of bank-owned life insurance 78,967 81,197
Deferred tax assets, net 24,181 24,443
Other assets 89,641 87,729
Total assets 4,028,547 3,909,803
Deposits:    
Demand 602,667 676,350
NOW 911,488 900,730
Savings 588,769 664,514
Money market 351,762 478,398
Time 635,559 323,439
Total deposits 3,090,245 3,043,431
Borrowings:    
Senior 398,972 333,957
Subordinated 60,371 60,289
Total borrowings 459,343 394,246
Other liabilities 68,243 78,676
Total liabilities 3,617,831 3,516,353
Shareholders' equity    
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,384,353 shares; outstanding 15,124,451 shares and 15,001,329 shares at June 30, 2023 and December 31, 2022 respectively 32,857 32,857
Additional paid-in capital 192,341 191,922
Retained earnings 259,470 243,815
Accumulated other comprehensive loss (57,564) (58,340)
Less: 1,284,195 and 1,345,700 shares of treasury stock, at cost, at June 30, 2023 and December 31, 2022, respectively (16,388) (16,804)
Total shareholders' equity 410,716 393,450
Total liabilities and shareholders' equity $ 4,028,547 $ 3,909,803