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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets:    
Cash and due from banks $ 49,584 $ 51,974
Interest bearing deposits 66,425 134,846
Federal funds sold 5,169 791
Cash and cash equivalents 121,178 187,611
Certificates of deposit in other banks 980 3,832
Securities available-for-sale at fair value (amortized cost of $624,418 and $593,381, respectively) 631,201 594,936
Securities held-to-maturity at amortized cost (fair value of $1,182 and $1,651, respectively) 1,181 1,661
Loans held for sale 2,075 1,172
Loans 2,931,299 2,873,961
Allowance for loan and lease losses (35,801) (36,094)
Net loans 2,895,498 2,837,867
Premises and equipment, net 47,840 48,188
Federal Home Loan Bank stock 17,927 17,927
Federal Reserve Bank stock 4,887 4,887
Goodwill 65,490 65,490
Core deposit intangible (net of accumulated amortization of $8,443 and $8,324, respectively) 172 291
Bank owned life insurance 63,486 62,335
Mortgage servicing rights 2,964 3,236
Other real estate owned 37,665 40,674
Other assets 37,682 33,827
Total assets 3,930,226 3,903,934
Deposits:    
Noninterest bearing 763,187 749,975
Interest bearing 2,290,798 2,230,807
Total deposits 3,053,985 2,980,782
Repurchase agreements 262,295 251,225
Federal funds purchased and other short-term borrowings 6,798 3,596
Advances from Federal Home Loan Bank 971 101,056
Long-term debt 61,341 61,341
Deferred taxes 11,269 8,920
Other liabilities 33,457 21,431
Total liabilities 3,430,116 3,428,351
Shareholders' equity:    
Preferred stock, 300,000 shares authorized and unissued 0 0
Common stock, $5 par value, shares authorized 25,000,000; shares outstanding 2016 - 17,607,903; 2015 - 17,536,914 88,039 87,685
Capital surplus 218,819 217,032
Retained earnings 188,843 169,855
Accumulated other comprehensive income, net of tax 4,409 1,011
Total shareholders' equity 500,110 475,583
Total liabilities and shareholders' equity $ 3,930,226 $ 3,903,934