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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 33,926 $ 43,327
Interest bearing deposits with other banks 4,004 2,236
Total cash and cash equivalents 37,930 45,563
Securities available for sale 533,970 516,863
Trading securities 8,904 7,786
Loans held for sale 2,032 367
Loans 2,627,269 2,479,348
Less: unearned discount (4,911) (4,791)
Less: allowance for loan losses (21,437) (19,704)
Net loans 2,600,921 2,454,853
FHLB, other equity, and restricted equity interests 24,501 24,508
Premises and equipment, net 51,785 49,920
Operating lease assets 17,082 0
Bank owned life insurance 57,130 56,443
Mortgage servicing rights 1,501 1,495
Goodwill 38,730 38,730
Core deposit intangible 396 727
Accrued interest receivable and other assets 26,092 24,266
Total Assets 3,400,974 3,221,521
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Non-interest bearing deposits 352,570 356,797
Interest bearing deposits 2,382,192 2,253,989
Total deposits 2,734,762 2,610,786
Short-term borrowings 52,907 0
FHLB and other long term borrowings 204,877 245,117
Subordinated debentures 70,620 70,620
Operating lease liabilities 17,862 0
Accrued interest payable and other liabilities 33,331 32,168
Total liabilities 3,114,359 2,958,691
Common stock, $0 par value; authorized 50,000,000 shares; issued 15,308,378 shares at June 30, 2019 and December 31, 2018 0 0
Additional paid in capital 97,414 97,602
Retained earnings 185,838 171,780
Treasury stock, at cost (110,395 shares at June 30, 2019 and 101,097 shares at December 31, 2018) (2,735) (2,556)
Accumulated other comprehensive income (loss) 6,098 (3,996)
Total shareholders’ equity 286,615 262,830
Total Liabilities and Shareholders’ Equity $ 3,400,974 $ 3,221,521