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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Cash and cash equivalents:    
Cash and due from banks $ 28,392 $ 26,770
Interest bearing deposits in other banks 74,758 67,152
Federal funds sold and securities purchased under agreements to resell 6,343 6,992
Money market mutual funds 11,000 0
Total cash and cash equivalents 120,493 100,914
Investment securities:    
Available for sale, amortized cost of $577,248 (2015) and $618,429 (2014) 582,202 626,388
Held to maturity, fair value of $3,809 (2015) and $3,923 (2014) 3,611 3,728
Total investment securities 585,813 630,116
Loans, net of unearned income 959,275 931,943
Allowance for loan losses (10,315) (13,968)
Loans, net 948,960 917,975
Premises and equipment, net 33,112 34,933
Company-owned life insurance 30,269 29,363
Intangible assets, net 0 449
Other real estate owned 21,843 31,960
Other assets 35,460 36,896
Total assets 1,775,950 1,782,606
Deposits:    
Noninterest bearing 313,969 292,788
Interest bearing 1,055,025 1,094,373
Total deposits 1,368,994 1,387,161
Federal funds purchased and other short-term borrowings 34,353 28,590
Securities sold under agreements to repurchase and other long-term borrowings 120,280 119,724
Subordinated notes payable to unconsolidated trusts 48,970 48,970
Dividends payable, preferred 0 113
Other liabilities 27,655 25,119
Total liabilities 1,600,252 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 December 31, 2015 and 2014, respectively 0 10,000
Common stock, par value $.125 per share; 14,608,000 shares authorized; 7,499,748 and 7,489,388 shares issued and outstanding at December 31, 2015 and 2014, respectively 937 936
Capital surplus 51,608 51,344
Retained earnings 120,371 105,774
Accumulated other comprehensive income 2,782 4,875
Total shareholders’ equity 175,698 172,929
Total liabilities and shareholders’ equity $ 1,775,950 $ 1,782,606