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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 97,495 $ 54,450
Interest-bearing deposits in depository institutions 26,283 28,058
Cash and Cash Equivalents 123,778 82,508
Investment securities available for sale, at fair value 545,628 550,389
Investment securities held-to-maturity, at amortized cost (approximate fair value at March 31, 2018 and December 31, 2017 - $62,146 and $65,646, respectively) 62,277 64,449
Other securities 22,165 14,147
Total Investment Securities 630,070 628,985
Gross loans 3,137,681 3,127,410
Allowance for loan losses (18,381) (18,836)
Net Loans 3,119,300 3,108,574
Bank owned life insurance 104,052 103,440
Premises and equipment, net 72,920 72,682
Accrued interest receivable 9,528 9,223
Net deferred tax asset 14,467 11,913
Goodwill and other intangible assets, net 78,468 78,595
Other assets 47,432 36,361
Total Assets 4,200,015 4,132,281
Deposits:    
Noninterest-bearing 703,209 666,639
Interest-bearing:    
Demand deposits 816,976 769,245
Savings deposits 816,245 796,275
Time deposits 1,110,532 1,083,475
Total Deposits 3,446,962 3,315,634
Federal funds purchased 0 54,000
Customer repurchase agreements 195,375 198,219
Long-term debt 16,495 16,495
Other liabilities 49,306 45,426
Total Liabilities 3,708,138 3,629,774
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 issued at March 31, 2018 and December 31, 2017, less 3,608,051 and 3,429,519 shares in treasury, respectively 47,619 47,619
Capital surplus 140,547 140,960
Retained earnings 457,650 444,481
Cost of common stock in treasury (137,420) (124,909)
Accumulated other comprehensive income (loss):    
Unrealized (loss) on securities available-for-sale (11,486) (611)
Underfunded pension liability (5,033) (5,033)
Total Accumulated Other Comprehensive Income (Loss) (16,519) (5,644)
Total Shareholders’ Equity 491,877 502,507
Total Liabilities and Shareholders’ Equity $ 4,200,015 $ 4,132,281