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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Cash and cash equivalents:    
Cash and due from banks $ 58,121 $ 58,129
Interest-bearing deposits in other banks 14,073 8,017
Total cash and cash equivalents 72,194 66,146
Available-for-sale investment securities, at fair value (amortized cost of $797,732 at December 31, 2017 and $777,017 at December 31, 2016) 795,187 777,940
Held-to-maturity investment securities, at amortized cost (fair value of $41,213 at December 31, 2017 and $43,227 at December 31, 2016) 40,928 43,144
Other investment securities, at cost 38,371 38,371
Total investment securities 874,486 859,455
Loans, net of deferred fees and costs 2,357,137 2,224,936
Allowance for loan losses (18,793) (18,429)
Net loans 2,338,344 2,206,507
Loans held for sale 2,510 4,022
Bank premises and equipment, net 52,510 53,616
Bank owned life insurance 62,176 60,225
Goodwill 133,111 132,631
Other intangible assets 11,465 13,387
Other assets 34,890 36,359
Total assets 3,581,686 3,432,348
Deposits:    
Non-interest-bearing 556,010 734,421
Interest-bearing 2,174,320 1,775,301
Total deposits 2,730,330 2,509,722
Short-term borrowings 209,491 305,607
Long-term borrowings 144,019 145,155
Accrued expenses and other liabilities 39,254 36,603
Total liabilities 3,123,094 2,997,087
Stockholders’ Equity    
Preferred stock, no par value, 50,000 shares authorized, no shares issued at December 31, 2017 and December 31, 2016 0 0
Common stock, no par value, 24,000,000 shares authorized, 18,952,385 shares issued at December 31, 2017 and 18,939,091 shares issued at December 31, 2016, including shares in treasury 345,412 344,404
Retained earnings 134,362 110,294
Accumulated other comprehensive loss, net of deferred income taxes (5,215) (1,554)
Treasury stock, at cost, 702,449 shares at December 31, 2017 and 795,758 shares at December 31, 2016 (15,967) (17,883)
Total stockholders’ equity 458,592 435,261
Total liabilities and stockholders’ equity $ 3,581,686 $ 3,432,348