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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Deposits:    
Non-interest bearing $ 456,038 $ 471,206
Interest bearing 1,873,491 1,858,681
Total deposits 2,329,529 2,329,887
Cash and due from banks:    
Non-interest bearing 54,775 57,988
Interest bearing 57,984 79,014
Federal funds sold 491 38,900
Cash and cash equivalents 113,250 175,902
Certificates of deposit investments 1,685 14,643
Investment securities:    
Available-for-sale, at fair value 694,321 619,848
Held-to-maturity, at amortized cost (estimated fair value of $73,754 and $73,096 at March 31, 2017 and December 31, 2016, respectively) 74,256 74,231
Loans held for sale 1,578 1,175
Loans 1,794,084 1,824,817
Less allowance for loan losses (17,846) (16,753)
Net loans 1,776,238 1,808,064
Interest receivable 9,786 10,553
Other real estate owned 2,433 1,982
Premises and equipment, net 39,517 40,292
Goodwill, net 57,791 57,791
Intangible assets, net 12,285 12,832
Bank Owned Life Insurance 41,600 41,318
Other assets 24,706 25,904
Total assets 2,849,446 2,884,535
Liabilities and Stockholders' Equity    
Securities sold under agreements to repurchase 143,864 185,763
Interest payable 484 535
Federal Home Loan Bank Advances Short and Long Term 40,080 40,094
Other borrowings 13,125 18,063
Junior subordinated debentures 23,938 23,917
Other liabilities 7,688 5,603
Total liabilities 2,558,708 2,603,862
Stockholders' Equity    
Common stock, $4 par value; authorized 18,000,000 shares; issued 13,033,530 and 13,020,742 shares in 2017 and 2016, respectively 54,134 54,083
Additional paid-in capital 159,527 158,671
Retained earnings 92,483 86,216
Deferred compensation 2,568 3,201
Accumulated other comprehensive loss (2,555) (5,761)
Less treasury stock at cost, 549,743 shares in 2017 and 2016 (15,419) (15,737)
Total stockholders’ equity 290,738 280,673
Total liabilities and stockholders’ equity $ 2,849,446 $ 2,884,535