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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 57,953 $ 53,263
Interest-bearing deposits in other banks 103,298 61,930
Total cash and cash equivalents 161,251 115,193
Available-for-sale investment securities, at fair value (amortized cost of $829,899 at September 30, 2020 and $929,395 at December 31, 2019) (a) 851,702 936,101
Held-to-maturity investment securities, at amortized cost (fair value of $38,086 at September 30, 2020 and $32,541 at December 31, 2019) (a)(b) 36,143 31,747
Other investment securities 40,715 42,730
Total investment securities (a)(b) 928,560 1,010,578
Loans, net of deferred fees and costs (b)(c) 3,472,085 2,873,525
Allowance for credit losses (b) (58,128) (21,556)
Net loans (b) 3,413,957 2,851,969
Loans held for sale 7,420 6,499
Bank premises and equipment, net of accumulated depreciation 61,468 61,846
Bank owned life insurance 71,127 69,722
Goodwill 171,255 165,701
Other intangible assets 14,142 11,802
Other assets 82,627 60,855
Total assets 4,911,807 4,354,165
Liabilities    
Non-interest-bearing 982,912 671,208
Interest-bearing 2,969,093 2,620,204
Total deposits 3,952,005 3,291,412
Short-term borrowings 182,063 316,977
Long-term borrowings 111,386 83,123
Accrued expenses and other liabilities (b) 99,497 68,260
Total liabilities 4,344,951 3,759,772
Total liabilities and stockholders’ equity 4,911,807 4,354,165
Stockholders’ equity    
Preferred shares, no par value, 50,000 shares authorized, no shares issued at September 30, 2020 and December 31, 2019 0 0
Common shares, no par value, 24,000,000 shares authorized, 21,184,157 shares issued at September 30, 2020 and 21,156,143 shares issued at December 31, 2019, including shares held in treasury 421,715 420,876
Retained earnings (b) 177,012 187,149
Accumulated other comprehensive income (loss), net of deferred income taxes 2,942 (1,425)
Treasury stock, at cost, 1,515,624 shares at September 30, 2020 and 504,182 shares at December 31, 2019 (34,813) (12,207)
Total stockholders’ equity 566,856 594,393
Liabilities and Equity 4,911,807 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 3,300  
Retained Earnings    
Stockholders’ equity    
Total stockholders’ equity $ 177,012 $ 187,149