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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 109,627 $ 138,503
Interest-bearing deposits in depository institutions 9,081 9,725
Cash and Cash Equivalents 118,708 148,228
Investment securities available for sale, at fair value 300,865 254,043
Investment securities held-to-maturity, at amortized cost (approximate fair value at September 30, 2015 and December 31, 2014, - $84,005 and $94,191, respectively) 81,095 90,786
Other securities 9,926 9,857
Total Investment Securities 391,886 354,686
Gross loans 2,696,438 2,652,066
Allowance for loan losses (20,941) (20,150)
Net Loans 2,675,497 2,631,916
Bank owned life insurance 97,157 95,116
Premises and equipment, net 73,419 77,988
Accrued interest receivable 7,690 6,826
Net deferred tax asset 33,342 36,766
Goodwill and other intangible assets, net 70,653 74,198
Other assets 36,266 35,909
Total Assets 3,504,618 3,461,633
Liabilities    
Noninterest-bearing 542,177 545,465
Interest-bearing:    
Demand deposits 647,792 639,932
Savings deposits 693,184 660,727
Time deposits 982,349 1,026,663
Total Deposits 2,865,502 2,872,787
Short-term borrowings 147,036 134,931
Long-term debt 16,495 16,495
Other liabilities 56,818 46,567
Total Liabilities 3,085,851 3,070,780
Shareholders’ Equity    
Preferred stock, par value $25 per share: 500,000 shares authorized; none issued 0 0
Common stock, par value $2.50 per share: 50,000,000 shares authorized; 18,499,282 shares issued at September 30, 2015 and December 31, 2014, less 3,179,832 and 3,345,590 shares in treasury, respectively 46,249 46,249
Capital surplus 106,108 107,370
Retained earnings 383,551 362,211
Cost of common stock in treasury (113,581) (120,818)
Accumulated other comprehensive income (loss):    
Unrealized gain on securities available-for-sale 1,789 1,190
Underfunded pension liability (5,349) (5,349)
Total Accumulated Other Comprehensive Loss (3,560) (4,159)
Total Shareholders’ Equity 418,767 390,853
Total Liabilities and Shareholders’ Equity $ 3,504,618 $ 3,461,633