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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 240,483 $ 54,450
Interest-bearing deposits in depository institutions 25,041 28,058
Cash and Cash Equivalents 265,524 82,508
Investment securities available for sale, at fair value 552,603 550,389
Investment securities held-to-maturity, at amortized cost (approximate fair value at June 30, 2018 and December 31, 2017 - $59,628 and $65,646, respectively) 60,030 64,449
Other securities 28,920 14,147
Total Investment Securities 641,553 628,985
Gross loans 3,155,468 3,127,410
Allowance for loan losses (16,876) (18,836)
Net Loans 3,138,592 3,108,574
Bank owned life insurance 104,773 103,440
Premises and equipment, net 72,482 72,682
Accrued interest receivable 9,348 9,223
Net deferred tax asset 14,528 11,913
Goodwill and other intangible assets, net 78,342 78,595
Other assets 49,241 36,361
Total Assets 4,374,383 4,132,281
Deposits:    
Noninterest-bearing 684,614 666,639
Interest-bearing:    
Demand deposits 785,933 769,245
Savings deposits 817,547 796,275
Time deposits 1,133,684 1,083,475
Total Deposits 3,421,778 3,315,634
Federal funds purchased 181,375 54,000
Customer repurchase agreements 196,635 198,219
Long-term debt 16,495 16,495
Other liabilities 54,346 45,426
Total Liabilities 3,870,629 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 June 30, 2018 and December 31, 2017, less 3,595,092 and 3,429,519 shares in treasury, respectively 47,619 47,619
Capital surplus 140,091 140,960
Retained earnings 471,515 444,481
Cost of common stock in treasury (136,520) (124,909)
Accumulated other comprehensive income (loss):    
Unrealized (loss) on securities available-for-sale (13,918) (611)
Underfunded pension liability (5,033) (5,033)
Total Accumulated Other Comprehensive Income (Loss) (18,951) (5,644)
Total Shareholders’ Equity 503,754 502,507
Total Liabilities and Shareholders’ Equity $ 4,374,383 $ 4,132,281