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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 57,239 $ 60,902
Interest-bearing deposits in other banks 188,834 91,198
Total cash and cash equivalents 246,073 152,100
Available-for-sale investment securities, at fair value (amortized cost of $839,682 at June 30, 2021 and $734,544 at December 31, 2020) (a) 849,637 753,013
Held-to-maturity investment securities, at amortized cost (fair value of $179,887 at June 30, 2021 and $68,082 at December 31, 2020) (a) 180,224 66,458
Other investment securities 32,584 37,560
Total investment securities (a) 1,062,445 857,031
Loans and leases, net of deferred fees and costs (b) 3,372,199 3,402,940
Allowance for credit losses (47,942) (50,359)
Net loans 3,324,257 3,352,581
Loans held for sale 2,751 4,659
Bank premises and equipment, net of accumulated depreciation 58,548 60,094
Bank owned life insurance 72,482 71,591
Goodwill 196,500 171,260
Other intangible assets 25,076 13,337
Other assets 79,502 78,111
Total assets 5,067,634 4,760,764
Liabilities    
Non-interest-bearing 1,181,045 997,323
Interest-bearing 3,051,578 2,913,136
Total deposits 4,232,623 3,910,459
Short-term borrowings 66,496 73,261
Long-term borrowings 95,081 110,568
Accrued expenses and other liabilities 87,929 90,803
Total liabilities 4,482,129 4,185,091
Total liabilities and stockholders’ equity 5,067,634 4,760,764
Stockholders’ equity    
Preferred shares, no par value, 50,000 shares authorized, no shares issued at June 30, 2021 and at December 31, 2020 0 0
Common stock, no par value, 24,000,000 shares authorized, 21,208,689 shares issued at June 30, 2021 and 21,193,402 shares issued at December 31, 2020, including shares held in treasury 422,652 422,536
Retained earnings 202,359 190,691
Accumulated other comprehensive (loss) income, net of deferred income taxes (2,222) 1,336
Treasury stock, at cost, 1,605,492 shares at June 30, 2021 and 1,686,046 shares at December 31, 2020 (37,284) (38,890)
Total stockholders’ equity 585,505 575,673
Liabilities and Equity $ 5,067,634 $ 4,760,764