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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Cash and cash equivalents:    
Cash and due from banks $ 58,129 $ 53,663
Interest-bearing deposits in other banks 8,017 17,452
Total cash and cash equivalents 66,146 71,115
Available-for-sale investment securities, at fair value (amortized cost of $777,017 at December 31, 2016 and $780,304 at December 31, 2015) 777,940 784,701
Held-to-maturity investment securities, at amortized cost (fair value of $43,227 at December 31, 2016 and $45,853 at December 31, 2015) 43,144 45,728
Other investment securities, at cost 38,371 38,401
Total investment securities 859,455 868,830
Loans, net of deferred fees and costs 2,224,936 2,072,440
Allowance for loan losses (18,429) (16,779)
Net loans 2,206,507 2,055,661
Loans held for sale 4,022 1,953
Bank premises and equipment, net 53,616 53,487
Bank owned life insurance 60,225 23,811
Goodwill 132,631 132,631
Other intangible assets 13,387 16,986
Other assets 36,359 34,496
Total assets 3,432,348 3,258,970
Deposits:    
Non-interest-bearing 734,421 717,939
Interest-bearing 1,775,301 1,818,005
Total deposits 2,509,722 2,535,944
Short-term borrowings 305,607 160,386
Long-term borrowings 145,155 113,670
Accrued expenses and other liabilities 36,603 29,181
Total liabilities 2,997,087 2,839,181
Stockholders’ Equity    
Preferred stock, no par value, 50,000 shares authorized, no shares issued at December 31, 2016 and December 31, 2015 0 0
Common stock, no par value, 24,000,000 shares authorized, 18,939,091 shares issued at December 31, 2016 and 18,931,200 shares issued at December 31, 2015, including shares in treasury 344,404 343,948
Retained earnings 110,294 90,790
Accumulated other comprehensive loss, net of deferred income taxes (1,554) (359)
Treasury stock, at cost, 795,758 shares at December 31, 2016 and 586,686 shares at December 31, 2015 (17,883) (14,590)
Total stockholders’ equity 435,261 419,789
Total liabilities and stockholders’ equity $ 3,432,348 $ 3,258,970