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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 58,829 $ 138,503
Interest-bearing deposits in depository institutions 11,284 9,725
Cash and Cash Equivalents 70,113 148,228
Investment securities available for sale, at fair value 369,466 254,043
Investment securities held-to-maturity, at amortized cost (approximate fair value at December 31, 2015 and 2014 - $90,810 and $94,191, respectively) 88,937 90,786
Other securities 12,915 9,857
Total Investment Securities 471,318 354,686
Gross loans 2,863,327 2,652,066
Allowance for loan losses (20,044) (20,150)
Net Loans 2,843,283 2,631,916
Bank owned life insurance 97,919 95,116
Premises and equipment, net 77,271 77,988
Accrued interest receivable 7,432 6,826
Deferred tax asset, net 29,974 36,766
Goodwill and other intangible assets, net 79,792 74,198
Other assets 36,957 35,909
Total Assets 3,714,059 3,461,633
Liabilities    
Noninterest-bearing 621,073 545,465
Interest-bearing:    
Demand deposits 679,735 639,932
Savings deposits 765,611 660,727
Time deposits 1,017,556 1,026,663
Total Deposits 3,083,975 2,872,787
Advances from Federal Home Loan Banks 13,000 0
Securities Sold under Agreements to Repurchase 141,869 134,931
Long-term debt 16,495 16,495
Other liabilities 39,448 46,567
Total Liabilities 3,294,787 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 December 31, 2015 and December 31, 2014, less 3,319,067 and 3,345,590, shares in treasury, respectively 46,249 46,249
Capital surplus 106,269 107,370
Retained earnings 390,690 362,211
Treasury stock (120,104) (120,818)
Accumulated other comprehensive income (loss):    
Unrealized gains on securities available-for-sale 927 1,190
Underfunded pension liability (4,759) (5,349)
Total Accumulated Other Comprehensive Loss (3,832) (4,159)
Total Shareholders’ Equity 419,272 390,853
Total Liabilities and Shareholders’ Equity $ 3,714,059 $ 3,461,633