XML 72 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Cash and cash equivalents:    
Cash and due from banks $ 53,263 $ 61,775
Interest-bearing deposits in other banks 61,930 15,837
Total cash and cash equivalents 115,193 77,612
Available-for-sale investment securities, at fair value (amortized cost of $929,395 at December 31, 2019 and $804,655 at December 31, 2018) 936,101 791,891
Held-to-maturity investment securities, at amortized cost (fair value of $32,541 at December 31, 2019 and $36,963 at December 31, 2018) 31,747 36,961
Other investment securities 42,730 42,985
Total investment securities 1,010,578 871,837
Loans, net of deferred fees and costs (a) 2,873,525 2,728,778
Allowance for loan losses (21,556) (20,195)
Net loans 2,851,969 2,708,583
Trade and Loans Receivables Held-for-sale, Net, Not Part of Disposal Group 6,499 5,470
Bank premises and equipment, net of accumulated depreciation 61,846 56,542
Bank owned life insurance 69,722 68,934
Goodwill 165,701 151,245
Other intangible assets 11,802 10,840
Other assets 60,855 40,391
Total assets 4,354,165 3,991,454
Deposits:    
Non-interest-bearing 671,208 607,877
Interest-bearing 2,620,204 2,347,588
Total deposits 3,291,412 2,955,465
Short-term borrowings 316,977 356,198
Long-term borrowings 83,123 109,644
Accrued expenses and other liabilities 68,260 50,007
Total liabilities 3,759,772 3,471,314
Stockholders’ Equity    
Preferred stock, no par value, 50,000 shares authorized, no shares issued at December 31, 2019 and December 31, 2018 0 0
Common stock, no par value, 24,000,000 shares authorized, 21,156,143 shares issued at December 31, 2019 and 20,124,378 shares issued at December 31, 2018, including shares held in treasury 420,876 386,814
Retained earnings 187,149 160,346
Accumulated other comprehensive loss, net of deferred income taxes (1,425) (12,933)
Treasury stock, at cost, 504,182 shares at December 31, 2019 and 601,289 shares at December 31, 2018 (12,207) (14,087)
Total stockholders’ equity 594,393 520,140
Total liabilities and stockholders’ equity $ 4,354,165 $ 3,991,454