XML 44 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Financial Condition (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
ASSETS:    
Cash and due from banks $ 46,127 $ 46,453
Federal funds sold and other short term investments 687,003 536,591
Total cash and cash equivalents 733,130 583,044
Securities available for sale 741,292 863,754
Held to maturity securities (fair value 2014 $86,669; 2013 $90,305) 82,136 86,215
Federal Reserve Bank and Federal Home Loan Bank stock 10,500 10,500
Loans, net of deferred fees and costs 2,941,002 2,908,809
Less: Allowance for loan losses 47,035 47,714
Net loans 2,893,967 2,861,095
Bank premises and equipment, net 35,267 34,414
Other assets 82,445 82,430
Total assets 4,578,737 4,521,452
Deposits:    
Demand 327,779 318,456
Interest-bearing checking 628,752 611,127
Savings accounts 1,236,331 1,218,038
Money market deposit accounts 648,244 648,402
Certificates of deposit (in denominations of $100,000 or more) 432,168 419,301
Other time accounts 713,944 711,747
Total deposits 3,987,218 3,927,071
Short-term borrowings 195,411 204,162
Accrued expenses and other liabilities 24,329 28,406
Total liabilities 4,206,958 4,159,639
SHAREHOLDERS' EQUITY:    
Capital stock par value $1; 150,000,000 shares authorized; 98,927,123 shares issued at March 31, 2014 and December 31, 2013 98,927 98,927
Surplus 172,964 173,144
Undivided profits 152,237 147,432
Accumulated other comprehensive income loss, net of tax (9,452) (13,803)
Treasury stock at cost - 4,363,097 and 4,463,786 shares at March 31, 2014 and December 31, 2013, respectively (42,897) (43,887)
Total shareholders' equity 371,779 361,813
Total liabilities and shareholders' equity $ 4,578,737 $ 4,521,452