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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 54,319 $ 53,663
Interest-bearing deposits in other banks 8,977 17,452
Total cash and cash equivalents 63,296 71,115
Available-for-sale investment securities, at fair value (amortized cost of $785,544 at March 31, 2016 and $780,304 at December 31, 2015) 802,194 784,701
Held-to-maturity investment securities, at amortized cost (fair value of $46,202 at March 31, 2016 and $45,853 at December 31, 2015) 44,866 45,728
Other investment securities, at cost 38,402 38,401
Total investment securities 885,462 868,830
Loans, net of deferred fees and costs 2,105,115 2,072,440
Allowance for loan losses (17,261) (16,779)
Net loans 2,087,854 2,055,661
Loans held for sale 950 1,953
Bank premises and equipment, net 52,156 53,487
Goodwill 132,631 132,631
Other intangible assets 16,366 16,986
Other assets 56,214 58,307
Total assets 3,294,929 3,258,970
Liabilities    
Non-interest-bearing deposits 716,202 717,939
Interest-bearing deposits 1,870,881 1,818,005
Total deposits 2,587,083 2,535,944
Short-term borrowings 135,068 160,386
Long-term borrowings 113,188 113,670
Accrued expenses and other liabilities 31,104 29,181
Total liabilities 2,866,443 2,839,181
Stockholders’ equity    
Preferred stock, no par value, 50,000 shares authorized, no shares issued at March 31, 2016 and December 31, 2015 0 0
Common stock, no par value, 24,000,000 shares authorized, 18,934,185 shares issued at March 31, 2016 and 18,931,200 shares issued at December 31, 2015, including shares in treasury 343,504 343,948
Retained earnings 96,037 90,790
Accumulated other comprehensive income (loss), net of deferred income taxes 7,592 (359)
Treasury stock, at cost, 831,018 shares at March 31, 2016 and 586,686 shares at December 31, 2015 (18,647) (14,590)
Total stockholders’ equity 428,486 419,789
Total liabilities and stockholders’ equity $ 3,294,929 $ 3,258,970