XML 51 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
[1]
Assets    
Cash and due from banks $ 19,280 $ 29,272
Interest-bearing deposits in other banks 46,637 38,031
Securities available for sale, at fair value 358,306 344,716
Restricted stock, at cost 5,308 4,367
Loans held for sale 2,998 616
Loans, net of unearned income 980,984 840,925
Less allowance for loan losses (12,611) (12,427)
Net loans 968,373 828,498
Premises and equipment, net 23,854 23,025
Other real estate owned, net of valuation allowance $359 in 2015 and $2,971 in 2014 1,333 2,119
Goodwill 44,333 39,043
Core deposit intangibles, net 2,983 2,045
Bank owned life insurance 17,491 15,193
Accrued interest receivable and other assets 21,541 19,567
Total assets 1,512,437 1,346,492
Liabilities    
Demand deposits -- noninterest bearing 305,110 254,458
Demand deposits -- interest bearing 220,562 193,432
Money market deposits 191,534 174,000
Savings deposits 108,992 90,130
Time deposits 400,323 363,817
Total deposits 1,226,521 1,075,837
Customer repurchase agreements 43,579 53,480
Long-term borrowings 9,952 9,935
Junior subordinated debt 27,597 27,521
Accrued interest payable and other liabilities 8,337 5,939
Total liabilities 1,315,986 1,172,712
Shareholders' equity    
Preferred stock, $5 par, 2,000,000 shares authorized, none outstanding 0 0
Common stock, $1 par, 20,000,000 shares authorized, 8,630,329 shares outstanding at September 30, 2015 and 7,873,474 shares outstanding at December 31, 2014 8,611 7,872
Capital in excess of par value 75,524 57,650
Retained earnings 109,030 104,594
Accumulated other comprehensive income, net 3,286 3,664
Total shareholders' equity 196,451 173,780
Total liabilities and shareholders' equity $ 1,512,437 $ 1,346,492
[1] Derived from audited consolidated financial statements.