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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
[1]
Assets    
Cash and due from banks $ 27,418 $ 20,268
Interest-bearing deposits in other banks 67,372 32,939
Securities available for sale, at fair value 292,567 346,502
Restricted stock, at cost 5,492 6,224
Loans held for sale 1,872 5,996
Loans, net of unearned income 1,219,958 1,164,821
Less allowance for loan losses (13,108) (12,801)
Net loans 1,206,850 1,152,020
Premises and equipment, net 25,658 25,439
Other real estate owned, net of valuation allowance $199 in 2017 and $192 in 2016 1,664 1,328
Goodwill 43,872 43,872
Core deposit intangibles, net 1,554 1,719
Bank owned life insurance 18,270 18,163
Accrued interest receivable and other assets 23,216 24,168
Total assets 1,715,805 1,678,638
Liabilities    
Demand deposits -- noninterest bearing 381,247 378,600
Demand deposits -- interest bearing 222,356 209,430
Money market deposits 314,495 283,035
Savings deposits 126,774 120,720
Time deposits 371,232 378,855
Total deposits 1,416,104 1,370,640
Short-term borrowings:    
Customer repurchase agreements 47,776 39,166
Other short-term borrowings 0 20,000
Long-term borrowings 9,985 9,980
Junior subordinated debt 27,749 27,724
Accrued interest payable and other liabilities 9,950 9,748
Total liabilities 1,511,564 1,477,258
Shareholders' equity    
Preferred stock, $5 par, 2,000,000 shares authorized, none outstanding 0 0
Common stock, $1 par, 20,000,000 shares authorized, 8,638,744 shares outstanding at March 31, 2017 and 8,618,051 shares outstanding at December 31, 2016 8,591 8,578
Capital in excess of par value 75,445 75,076
Retained earnings 121,590 119,600
Accumulated other comprehensive loss, net (1,385) (1,874)
Total shareholders' equity 204,241 201,380
Total liabilities and shareholders' equity $ 1,715,805 $ 1,678,638
[1] Derived from audited consolidated financial statements.