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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 39,933 $ 33,508
Interest-earning deposits with other banks 52,362 216,881
Total cash and cash equivalents 92,295 250,389
Securities:    
Securities available for sale 559,516 618,276
Federal Home Loan Bank stock 14,893 7,384
Total securities 574,409 625,660
Loans held for sale   5,523
Loans:    
Total loans 2,902,690 2,531,910
Less: Allowance for credit losses (25,860) (22,718)
Net loans 2,876,830 2,509,192
Premises and equipment, net 47,622 49,382
Goodwill 119,477 119,477
Other intangible assets 5,801 6,733
Cash surrender value of bank-owned life insurance 81,197 79,020
Deferred tax assets, net 24,443 5,547
Other assets 87,729 58,310
Total assets 3,909,803 3,709,233
Deposits:    
Demand 676,350 664,420
NOW 900,730 940,631
Savings 664,514 628,670
Money market 478,398 389,291
Time 323,439 425,532
Total deposits 3,043,431 3,048,544
Borrowings:    
Senior 333,957 118,400
Subordinated 60,289 60,124
Total borrowings 394,246 178,524
Other liabilities 78,676 58,018
Total liabilities 3,516,353 3,285,086
Shareholders' equity    
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 shares; outstanding 15,082,688 shares and 15,001,329 shares at December 31, 2022 and December 31, 2021 respectively 32,857 32,857
Additional paid-in capital 191,922 190,876
Retained earnings 243,815 215,592
Accumulated other comprehensive (loss) income (58,340) 2,303
Less: 1,345,700 and 1,427,059 shares of treasury stock, at cost, at December 31, 2022 and December 31, 2021, respectively (16,804) (17,481)
Total shareholders' equity 393,450 424,147
Total liabilities and shareholders' equity $ 3,909,803 $ 3,709,233