XML 64 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Cash and due from banks:    
Cash and due from banks $ 22,181 $ 26,943
Interest-bearing deposits in other banks 13,146 4,210
Total cash and due from banks 35,327 31,153
Investment securities:    
Available-for-sale 302,884 330,478
Equity investments carried at fair value 299 423
Held-to-maturity: Fair value March 31, 2020, $7,687; December 31, 2019, $7,889 7,520 7,656
Total investment securities 310,703 338,557
Loans 2,023,155 1,938,240
Less: allowance for loan losses 25,686 22,677
Net loans 1,997,469 1,915,563
Loans held for sale 270 986
Premises and equipment, net 48,619 47,932
Accrued interest receivable 7,283 6,981
Goodwill 63,370 63,370
Intangible assets, net 1,411 1,565
Other assets 79,320 69,220
Total assets 2,543,772 2,475,327
Deposits:    
Noninterest-bearing 467,315 463,238
Interest-bearing 1,542,680 1,508,251
Total deposits 2,009,995 1,971,489
Short-term borrowings 164,150 152,150
Long-term debt 32,250 32,733
Accrued interest payable 1,336 1,277
Other liabilities 29,978 18,668
Total liabilities 2,237,709 2,176,317
Stockholders’ equity:    
Common stock, par value $2.00, authorized 25,000,000 shares, issued and outstanding 7,343,240 shares at March 31, 2020 and 7,388,480 shares at December 31, 2018 14,670 14,777
Capital surplus 133,159 135,251
Retained earnings 154,806 152,187
Accumulated other comprehensive income (loss) 3,428 (3,205)
Total stockholders’ equity 306,063 299,010
Total liabilities and stockholders’ equity $ 2,543,772 $ 2,475,327