XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 50,358 $ 62,555
Interest-earning deposits with other banks 153,091 157,303
Cash and cash equivalents 203,449 219,858
Investment securities held-to-maturity (fair value $123,119 and $156,325 at June 30, 2021 and December 31, 2020, respectively) 119,692 151,257
Investment securities available-for-sale (amortized cost $274,613 and $221,254, net of allowance for credit losses of $485 and $869 at June 30, 2021 and December 31, 2020, respectively) 274,862 218,640
Investments in equity securities 2,872 3,279
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 25,228 28,183
Loans held for sale 27,322 37,039
Loans and leases held for investment 5,327,313 5,306,841
Less: Allowance for credit losses, loans and leases 71,355 83,044
Net loans and leases held for investment 5,255,958 5,223,797
Premises and equipment, net 56,067 55,636
Operating lease right-of-use assets 33,688 34,325
Goodwill 172,559 172,559
Other intangibles, net of accumulated amortization 9,396 8,866
Bank owned life insurance 117,765 117,718
Accrued interest receivable and other assets 57,447 65,339
Total assets 6,356,305 6,336,496
LIABILITIES    
Noninterest-bearing deposits 1,872,031 1,690,663
Interest-bearing Deposit Liabilities 3,446,673 3,552,052
Deposits, Total 5,318,704 5,242,715
Short-term borrowings 25,251 17,906
Long-term debt 95,000 110,000
Subordinated notes 98,719 183,515
Operating lease liabilities 37,131 37,690
Accrued interest payable and other liabilities 41,502 52,198
Total liabilities 5,616,307 5,644,024
SHAREHOLDERS' EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at June 30, 2021 and December 31, 2020; 31,556,799 shares issued at June 30, 2021 and December 31, 2020; 29,411,731 and 29,295,052 shares outstanding at June 30, 2021 and December 31, 2020, respectively 157,784 157,784
Additional paid-in capital 297,208 296,186
Retained earnings 348,579 306,899
Accumulated other comprehensive loss, net of tax benefit (19,545) (22,144)
Treasury stock, at cost; 2,145,068 and 2,261,747 shares at June 30, 2021 and December 31, 2020, respectively (44,028) (46,253)
Total shareholders’ equity 739,998 692,472
Total liabilities and shareholders’ equity $ 6,356,305 $ 6,336,496