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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Cash and cash equivalents:    
Cash and due from banks $ 21,494 $ 25,666
Interest bearing deposits in other banks 54,171 62,696
Federal funds sold and securities purchased under agreements to resell 4,133 6,622
Money market mutual funds 15,766 18,550
Total cash and cash equivalents 95,564 113,534
Investment securities:    
Available for sale, amortized cost of $496,613 (2017) and $486,038 (2016) 492,906 480,864
Held to maturity, fair value of $3,600 (2017) and $3,597 (2016) 3,475 3,488
Total investment securities 496,381 484,352
Loans, net of unearned income 989,833 970,975
Allowance for loan losses (9,507) (9,344)
Loans, net 980,326 961,631
Premises and equipment, net 32,201 31,900
Company-owned life insurance 31,130 30,914
Other Real Estate Owned 8,000 10,673
Other assets 38,857 38,026
Total assets 1,682,459 1,671,030
Deposits:    
Noninterest bearing 350,668 334,676
Interest bearing 1,037,409 1,035,231
Total deposits 1,388,077 1,369,907
Federal funds purchased and short-term securities sold under agreements to repurchase 32,786 35,085
Securities sold under agreements to repurchase and other long-term borrowings 14,892 19,931
Subordinated notes payable to unconsolidated trusts 33,506 33,506
Dividends payable, common stock 751 751
Other liabilities 24,707 27,784
Total liabilities 1,494,719 1,486,964
Shareholders’ Equity    
Common stock, par value $.125 per share; 14,608,000 shares authorized; 7,511,555 and 7,509,444 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 939 939
Capital surplus 51,968 51,885
Retained earnings 137,228 134,650
Accumulated other comprehensive loss (2,395) (3,408)
Total shareholders’ equity 187,740 184,066
Total liabilities and shareholders’ equity $ 1,682,459 $ 1,671,030