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CONSOLIDATED STATEMENTS OF CONDITION (CURRENT PERIOD UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 78,095 $ 87,707
Securities:    
Available-for-sale securities, at fair value 823,241 779,867
Held-to-maturity securities, at amortized cost 94,474 94,609
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 25,346 23,203
Total securities 943,061 897,679
Loans held for sale, at fair value 5,679 14,836
Loans 2,645,139 2,594,564
Less: allowance for loan losses (23,721) (23,116)
Net loans 2,621,418 2,571,448
Goodwill 94,697 94,697
Other intangible assets 6,292 6,764
Bank-owned life insurance 78,697 78,119
Premises and equipment, net 42,100 42,873
Deferred tax assets 37,278 39,263
Interest receivable 9,080 8,654
Other real estate owned 620 922
Other assets 21,448 21,268
Total assets 3,938,465 3,864,230
Deposits:    
Demand 387,173 406,934
Interest checking 767,521 701,494
Savings and money market 975,856 979,263
Certificates of deposit 458,069 468,203
Brokered deposits 348,564 272,635
Total deposits 2,937,183 2,828,529
Short-term borrowings 487,355 530,129
Long-term borrowings 10,773 10,791
Subordinated debentures 58,794 58,755
Accrued interest and other liabilities 46,533 44,479
Total liabilities 3,540,638 3,472,683
Commitments and Contingencies
Shareholders’ Equity    
Common stock, no par value: authorized 20,000,000 shares, issued and outstanding 15,508,025 and 15,476,379 on March 31, 2017 and December 31, 2016, respectively 155,855 156,041
Retained earnings 255,910 249,415
Accumulated other comprehensive loss:    
Net unrealized losses on available-for-sale securities, net of tax (6,543) (6,085)
Net unrealized losses on cash flow hedging derivative instruments, net of tax (5,308) (5,694)
Net unrecognized losses on postretirement plans, net of tax (2,087) (2,130)
Total accumulated other comprehensive loss (13,938) (13,909)
Total shareholders’ equity 397,827 391,547
Total liabilities and shareholders’ equity $ 3,938,465 $ 3,864,230