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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 69,933 $ 58,829
Interest-bearing deposits in depository institutions 8,643 11,284
Cash and Cash Equivalents 78,576 70,113
Investment securities available for sale, at fair value 409,039 369,466
Investment securities held-to-maturity, at amortized cost (approximate fair value at June 30, 2016 and December 31, 2015 - $86,944 and $90,810, respectively) 83,208 88,937
Other securities 10,203 12,915
Total Investment Securities 502,450 471,318
Gross loans 2,903,398 2,862,534
Allowance for loan losses (19,139) (19,251)
Net Loans 2,884,259 2,843,283
Bank owned life insurance 99,446 97,919
Premises and equipment, net 75,040 77,271
Accrued interest receivable 8,428 7,432
Net deferred tax asset 23,995 29,974
Goodwill and other intangible assets, net 79,433 79,792
Other assets 55,234 36,957
Total Assets 3,806,861 3,714,059
Liabilities    
Noninterest-bearing 651,867 621,073
Interest-bearing:    
Demand deposits 701,248 679,735
Savings deposits 758,323 765,611
Time deposits 1,030,841 1,017,556
Total Deposits 3,142,279 3,083,975
Federal funds purchased 0 13,000
Customer repurchase agreements 153,674 141,869
Long-term debt 16,495 16,495
Other liabilities 66,054 39,448
Total Liabilities 3,378,502 3,294,787
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 June 30, 2016 and December 31, 2015, less 3,493,961 and 3,319,067 shares in treasury, respectively 46,249 46,249
Capital surplus 105,648 106,269
Retained earnings 402,044 390,690
Cost of common stock in treasury (127,619) (120,104)
Accumulated other comprehensive income (loss):    
Unrealized gain on securities available-for-sale 6,796 927
Underfunded pension liability (4,759) (4,759)
Total Accumulated Other Comprehensive Income (Loss) 2,037 (3,832)
Total Shareholders’ Equity 428,359 419,272
Total Liabilities and Shareholders’ Equity $ 3,806,861 $ 3,714,059