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CONSOLIDATED STATEMENTS OF CONDITION (CURRENT PERIOD UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 43,722 $ 52,240
Interest-bearing deposits in other banks (including restricted cash) 95,846 14,759
Cash 139,568 66,999
Investments:    
Available-for-sale securities, at fair value (book value of $933,135 and $933,399, respectively) 924,311 910,692
Held-to-maturity securities, at amortized cost (fair value of $1,324 and $1,291, respectively) 1,306 1,307
Other investments 11,242 14,679
Total investments 936,859 926,678
Loans held for sale, at fair value (book value of $8,711 and $4,314, respectively) 8,795 4,403
Loans 3,042,442 3,026,222
Less: allowance for loan losses (25,201) (24,712)
Net loans 3,017,241 3,001,510
Goodwill 94,697 94,697
Other intangible assets 4,054 4,230
Bank-owned life insurance 90,513 89,919
Premises and equipment, net 42,033 42,495
Deferred tax assets 18,854 23,053
Other assets 68,575 43,451
Total assets 4,421,189 4,297,435
Deposits:    
Non-interest checking 492,306 496,729
Interest checking 1,163,678 1,023,373
Savings and money market 1,059,897 1,137,356
Certificates of deposit 428,487 443,912
Brokered deposits 433,829 363,104
Total deposits 3,578,197 3,464,474
Short-term borrowings 256,181 270,868
Long-term borrowings 10,000 11,580
Subordinated debentures 58,978 59,067
Accrued interest and other liabilities 64,115 55,621
Total liabilities 3,967,471 3,861,610
Commitments and Contingencies
Shareholders’ Equity    
Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 15,560,565 and 15,591,914 on March 31, 2019 and December 31, 2018, respectively 156,152 158,215
Retained earnings 311,870 302,030
Accumulated other comprehensive loss:    
Net unrealized losses on available-for-sale debt securities, net of tax (6,927) (17,826)
Net unrealized losses on cash flow hedging derivative instruments, net of tax (5,268) (4,437)
Net unrecognized losses on postretirement plans, net of tax (2,109) (2,157)
Total accumulated other comprehensive loss (14,304) (24,420)
Total shareholders’ equity 453,718 435,825
Total liabilities and shareholders’ equity $ 4,421,189 $ 4,297,435