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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 54,281 $ 62,263
Interest-bearing deposits in depository institutions 28,884 25,876
Cash and Cash Equivalents 83,165 88,139
Investment securities available for sale, at fair value 525,633 450,083
Investment securities held-to-maturity, at amortized cost (approximate fair value at September 30, 2017 and December 31, 2016 - $68,478 and $76,445, respectively) 66,989 75,169
Other securities 15,988 14,352
Total Investment Securities 608,610 539,604
Gross loans 3,105,912 3,046,226
Allowance for loan losses (19,554) (19,730)
Net Loans 3,086,358 3,026,496
Bank owned life insurance 102,706 100,732
Premises and equipment, net 72,334 75,165
Accrued interest receivable 9,236 8,408
Net deferred tax asset 22,355 28,043
Goodwill and other intangible assets, net 78,730 79,135
Other assets 36,060 38,681
Total Assets 4,099,554 3,984,403
Deposits:    
Noninterest-bearing 669,876 672,286
Interest-bearing:    
Demand deposits 711,121 695,891
Savings deposits 799,592 822,057
Time deposits 1,075,945 1,041,419
Total Deposits 3,256,534 3,231,653
Federal funds purchased 79,800 64,100
Customer repurchase agreements 201,664 184,205
Long-term debt 16,495 16,495
Other liabilities 44,746 45,512
Total Liabilities 3,599,239 3,541,965
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; 19,047,548 shares and 18,606,944 shares issued at September 30, 2017 and December 31, 2017, less 3,429,519 and 3,478,511 shares in treasury, respectively 47,619 46,518
Capital surplus 140,381 112,873
Retained earnings 441,001 417,017
Cost of common stock in treasury (124,909) (126,958)
Accumulated other comprehensive income (loss):    
Unrealized gain (loss) on securities available-for-sale 883 (2,352)
Underfunded pension liability (4,660) (4,660)
Total Accumulated Other Comprehensive Income (Loss) (3,777) (7,012)
Total Shareholders’ Equity 500,315 442,438
Total Liabilities and Shareholders’ Equity $ 4,099,554 $ 3,984,403