XML 22 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Condition - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 48,107 $ 52,168
Interest-bearing deposits in other banks 54,864 35,539
Total cash and cash equivalents 102,971 87,707
Securities    
Available-for-sale securities, at fair value 789,899 779,867
Held-to-maturity securities, at amortized cost (fair value of $94,913 and $94,596, respectively) 94,073 94,609
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 23,670 23,203
Total investments 907,642 897,679
Loans held for sale, at fair value 8,103 14,836
Loans: 2,782,439 2,594,564
Less: allowance for loan losses (24,171) (23,116)
Net loans 2,758,268 2,571,448
Goodwill 94,697 94,697
Other intangible assets 4,955 6,764
Bank-owned life insurance 87,489 78,119
Premises and equipment, net 41,891 42,873
Deferred tax assets 22,776 39,263
Other assets 36,606 30,844
Total assets 4,065,398 3,864,230
Deposits    
Demand 478,643 406,934
Interest checking 855,570 701,494
Savings and money market 985,508 979,263
Retail certificates of deposit 475,010 468,203
Brokered deposits 205,760 272,635
Total deposits 3,000,491 2,828,529
Short-term borrowings 541,867 530,129
Long-term borrowings 10,720 10,791
Subordinated Debt 58,911 58,755
Accrued interest and other liabilities 49,996 44,479
Total liabilities 3,661,985 3,472,683
Commitments and contingencies
Shareholders' Equity    
Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 15,524,704 and 15,476,379 on December 31, 2017 and 2016, respectively 156,904 156,041
Retained earnings 266,723 249,415
Accumulated other comprehensive income (loss)    
Net unrealized losses on available-for-sale securities, net of tax (10,300) (6,085)
Net unrealized losses on cash flow hedging derivative instruments, net of tax (5,926) (5,694)
Net unrecognized losses on postretirement plans, net of tax (3,988) (2,130)
Total accumulated other comprehensive loss (20,214) (13,909)
Total shareholders’ equity 403,413 391,547
Total liabilities and shareholders’ equity $ 4,065,398 $ 3,864,230