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CONSOLIDATED STATEMENTS OF CONDITION (CURRENT PERIOD UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 48,159 $ 44,057
Interest-bearing deposits in other banks 76,950 58,914
Cash 125,109 102,971
Investments:    
Available-for-sale securities, at fair value 796,687 789,899
Held-to-maturity securities, at amortized cost (fair value of $91.9 million and $94.9 million, respectively) 93,192 94,073
Other investments 23,774 23,670
Total investments 913,653 907,642
Loans held for sale, at fair value 9,548 8,103
Loans 2,789,148 2,782,439
Less: allowance for loan losses (22,990) (24,171)
Net loans 2,766,158 2,758,268
Goodwill 94,697 94,697
Other intangible assets 4,774 4,955
Bank-owned life insurance 88,097 87,489
Premises and equipment, net 41,545 41,891
Deferred tax assets 23,181 22,776
Other assets 46,423 36,606
Total assets 4,113,185 4,065,398
Deposits:    
Demand 463,496 478,643
Interest checking 840,054 855,570
Savings and money market 1,005,329 985,508
Certificates of deposit 471,155 475,010
Brokered deposits 245,546 205,760
Total deposits 3,025,580 3,000,491
Short-term borrowings 552,624 541,796
Long-term borrowings 10,773 10,791
Subordinated debentures 58,950 58,911
Accrued interest and other liabilities 61,203 49,996
Total liabilities 3,709,130 3,661,985
Commitments and Contingencies
Shareholders’ Equity    
Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 15,565,868 and 15,524,704 on March 31, 2018 and December 31, 2017, respectively 156,860 156,904
Retained earnings 275,841 266,723
Accumulated other comprehensive loss:    
Net unrealized losses on available-for-sale debt securities, net of tax (20,227) (10,300)
Net unrealized losses on cash flow hedging derivative instruments, net of tax (4,547) (5,926)
Net unrecognized losses on postretirement plans, net of tax (3,872) (3,988)
Total accumulated other comprehensive loss (28,646) (20,214)
Total shareholders’ equity 404,055 403,413
Total liabilities and shareholders’ equity $ 4,113,185 $ 4,065,398