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Consolidated Statements Of Condition - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 49,524 $ 39,586
Interest-bearing deposits in other banks (including restricted cash) 96,250 36,050
Total cash, cash equivalents and restricted cash 145,774 75,636
Securities    
Trading securities 4,161 3,799
Available-for-sale securities, at fair value (amortized cost of $1,078,474 and $913,978, respectively) 1,115,813 918,118
Held-to-maturity securities, at amortized cost (fair value of $1,411 and $1,359, respectively) 1,297 1,302
Other investments 11,541 13,649
Total investments 1,132,812 936,868
Loans held for sale, at fair value (book value of $40,499 and $11,915, respectively) 41,557 11,854
Loans 3,219,822 3,095,023
Less: allowance for credit losses on loans (37,865) (25,171)
Net loans 3,181,957 3,069,852
Goodwill 94,697 94,697
Core deposit intangible assets 2,843 3,525
Bank-owned life insurance 94,877 92,344
Premises and equipment, net 39,884 41,836
Deferred tax assets 11,956 16,823
Other assets 152,388 86,086
Total assets 4,898,745 4,429,521
Deposits    
Non-interest checking 792,550 552,590
Interest checking 1,288,575 1,153,203
Savings and money market 1,282,886 1,119,193
Certificates of deposit 357,666 521,752
Brokered deposits 283,567 191,005
Total deposits 4,005,244 3,537,743
Short-term borrowings 162,439 268,809
Long-term borrowings 25,000 10,000
Subordinated debentures 59,331 59,080
Accrued Interest Payable And Other Liabilities 117,417 80,474
Total liabilities 4,369,431 3,956,106
Commitments and contingencies
Shareholders' Equity    
Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 14,909,097 and 15,144,719 on December 31, 2020 and 2019, respectively 131,072 139,103
Retained earnings 377,502 340,580
Accumulated other comprehensive income (loss)    
Net unrealized gain on available-for-sale securities, net of tax 29,310 3,250
Net unrealized loss on cash flow hedging derivative instruments, net of tax (4,626) (6,048)
Net unrecognized loss on postretirement plans, net of tax (3,944) (3,470)
Total accumulated other comprehensive income (loss) 20,740 (6,268)
Total shareholders’ equity 529,314 473,415
Total liabilities and shareholders’ equity $ 4,898,745 $ 4,429,521