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Consolidated Balance Sheets - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 56,490 $ 53,263
Interest-bearing deposits in other banks 107,162 61,930
Total cash and cash equivalents 163,652 115,193
Available-for-sale investment securities, at fair value (amortized cost of $932,179 at March 31, 2020 and $929,395 at December 31, 2019) (a) 960,835 936,101
Held-to-maturity investment securities, at amortized cost (fair value of $40,682 at March 31, 2020 and $32,541 at December 31, 2019) (a)(b) 38,738 31,747
Other investment securities 46,924 42,730
Total investment securities (a)(b) 1,046,497 1,010,578
Loans, net of deferred fees and costs (b) 2,911,437 2,873,525
Allowance for credit losses (b) (42,833) (21,556)
Net loans (b) 2,868,604 2,851,969
Loans held for sale 2,217 6,499
Bank premises and equipment, net of accumulated depreciation 60,301 61,846
Bank owned life insurance 70,195 69,722
Goodwill 165,805 165,701
Other intangible assets 11,642 11,802
Other assets 80,207 60,855
Total assets 4,469,120 4,354,165
Liabilities    
Non-interest-bearing 727,266 671,208
Interest-bearing 2,671,164 2,620,204
Total deposits 3,398,430 3,291,412
Short-term borrowings 259,661 316,977
Long-term borrowings 132,791 83,123
Accrued expenses and other liabilities (b) 94,517 68,260
Total liabilities 3,885,399 3,759,772
Total liabilities and stockholders’ equity 4,469,120 4,354,165
Stockholders’ equity    
Preferred stock, no par value, 50,000 shares authorized, no shares issued at March 31, 2020 and December 31, 2019 0 0
Common stock, no par value, 24,000,000 shares authorized, 21,162,702 shares issued at March 31, 2020 and 21,156,143 shares issued at December 31, 2019, including shares held in treasury 420,678 420,876
Retained earnings (b) 175,637 187,149
Accumulated other comprehensive income (loss), net of deferred income taxes 8,252 (1,425)
Treasury stock, at cost, 865,998 shares at March 31, 2020 and 504,182 shares at December 31, 2019 (20,846) (12,207)
Total stockholders’ equity 583,721 594,393
Liabilities and Equity 4,469,120 4,354,165
Debt Securities, Available-for-sale, Allowance for Credit Loss 0  
Debt Securities, Held-to-maturity, Allowance for Credit Loss 6  
Off-Balance Sheet, Credit Loss, Liability 2,400  
Accounting Standards Update 2016-13 [Member]    
Stockholders’ equity    
Cumulative Effect on Retained Earnings, Net of Tax (3,709)  
Retained Earnings    
Stockholders’ equity    
Total stockholders’ equity 175,637 $ 187,149
Retained Earnings | Accounting Standards Update 2016-13 [Member]    
Stockholders’ equity    
Cumulative Effect on Retained Earnings, Net of Tax $ (3,709)