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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Cash and cash equivalents:    
Cash and due from banks $ 20,732 $ 26,770
Interest bearing deposits in other banks 72,360 67,152
Federal funds sold and securities purchased under agreements to resell 3,563 6,992
Money market mutual funds 11,200 0
Total cash and cash equivalents 107,855 100,914
Investment securities:    
Available for sale, amortized cost of $599,532 (2015) and $618,429 (2014) 608,510 626,388
Held to maturity, fair value of $3,893 (2015) and $3,923 (2014) 3,689 3,728
Total investment securities 612,199 630,116
Loans, net of unearned income 935,145 931,943
Allowance for loan losses (11,277) (13,968)
Loans, net 923,868 917,975
Premises and equipment, net 33,924 34,933
Company-owned life insurance 30,039 29,363
Intangible assets, net 112 449
Other real estate owned 22,868 31,960
Other assets 33,890 36,896
Total assets 1,764,755 1,782,606
Deposits:    
Noninterest bearing 302,114 292,788
Interest bearing 1,054,354 1,094,373
Total deposits 1,356,468 1,387,161
Federal funds purchased and other short-term borrowings 34,757 28,590
Securities sold under agreements to repurchase and other long-term borrowings 120,115 119,724
Subordinated notes payable to unconsolidated trusts 48,970 48,970
Dividends payable, preferred 0 113
Other liabilities 30,867 25,119
Total liabilities 1,591,177 1,609,677
Shareholders’ Equity    
Preferred stock, no par value 1,000,000 shares authorized; none and 10,000 Series A shares issued and outstanding at September 30, 2015 and December 31, 2014 0 10,000
Common stock, par value $.125 per share 14,608,000 shares authorized; 7,496,522 and 7,489,388 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively 937 936
Capital surplus 51,524 51,344
Retained earnings 116,787 105,774
Accumulated other comprehensive income 4,330 4,875
Total shareholders’ equity 173,578 172,929
Total liabilities and shareholders’ equity $ 1,764,755 $ 1,782,606