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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 5,914 $ 4,415
Federal funds sold 101 101
Interest-earning deposits 154,758 108,931
Total cash and cash equivalents 160,773 113,447
Securities available for sale 377,936 327,633
Equity security, at fair value 4,719  
FHLB and FRB stock, at cost 18,533 13,378
Loans held for sale, at fair value 1,576 984
Loans held for sale, at lower of cost or fair value 3,542 187
Loans 3,927,931 3,704,440
Less: allowance for loan losses 38,504 36,440
Net loans 3,889,427 3,668,000
Premises and equipment 27,408 29,476
Other real estate owned 2,090
Accrued interest receivable 10,814 9,452
Bank owned life insurance 45,353 44,586
Deferred tax assets, net   552
Goodwill 24,417 17,107
Other intangible assets 7,982 6,729
Other assets 45,378 26,926
Total assets 4,617,858 4,260,547
Deposits:    
Noninterest-bearing demand deposits 463,926 539,304
Interest-bearing deposits:    
Checking 1,247,305 1,152,483
Savings 114,674 119,556
Money market accounts 1,243,369 1,091,385
Certificates of deposit - retail 510,724 344,652
Certificates of deposit - listing service 79,195 198,383
Subtotal deposits 3,659,193 3,445,763
Interest-bearing demand – Brokered 180,000 180,000
Certificates of deposit - Brokered 56,147 72,591
Total deposits 3,895,340 3,698,354
FHLB advances 108,000 37,898
Capital lease obligation 8,362 9,072
Subordinated debt, net 83,193 83,024
Deferred tax liabilities, net 16,029  
Accrued expenses and other liabilities 37,921 28,521
Total liabilities 4,148,845 3,856,869
SHAREHOLDERS’ EQUITY    
Preferred stock (no par value; authorized 500,000 shares)
Common stock (no par value; stated value $0.83 per share; authorized 42,000,000 shares; issued shares, 19,745,840 at December 31, 2018 and 19,027,812 at December 31, 2017; outstanding shares, 19,337,662 at December 31, 2018 and 18,619,634 at December 31, 2017) 16,459 15,858
Surplus 309,088 283,552
Treasury stock at cost (408,178 shares at both December 31, 2018 and 2017) (8,988) (8,988)
Retained earnings 154,799 114,468
Accumulated other comprehensive loss (2,345) (1,212)
Total shareholders’ equity 469,013 403,678
Total liabilities and shareholders’ equity $ 4,617,858 $ 4,260,547