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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets:    
Cash and due from banks $ 119,412 $ 133,511
Money market instruments 30,047 104,188
Cash and cash equivalents 149,459 237,699
Investment securities:    
Securities available-for-sale, at fair value (amortized cost of $1,436,714 and $1,299,980 at December 31, 2015 and 2014, respectively) 1,436,266 1,301,915
Securities held-to-maturity, at amortized cost (fair value of $151,428 and $143,490 at December 31, 2015 and 2014, respectively) 149,302 140,562
Other investment securities 58,311 58,311
Total investment securities 1,643,879 1,500,788
Total loans 5,068,085 4,829,682
Allowance for loan losses (56,494) (54,352)
Net loans 5,011,591 4,775,330
Other assets:    
Bank owned life insurance 181,684 171,928
Prepaid Expense, Current 80,635 75,190
Goodwill 72,334 72,334
Premises and equipment, net 59,493 55,479
Amortization Method Qualified Affordable Housing Project Investments 51,247 48,911
Accrued interest receivable 18,675 17,677
Other Real Estate, Foreclosed Assets, and Repossessed Assets 18,651 22,605
Mortgage loan servicing rights 9,008 8,613
Other 14,698 14,645
Total other assets 506,425 487,382
Total assets 7,311,354 7,001,199
Deposits:    
Non-interest bearing 1,404,032 1,269,296
Interest bearing 3,943,610 3,858,704
Total deposits 5,347,642 5,128,000
Short-term borrowings 394,242 276,980
Long-term debt 738,105 786,602
Subordinated notes 45,000 45,000
Total borrowings 1,177,347 1,108,582
Other liabilities:    
Accrued interest payable 2,338 2,551
Qualified Affordable Housing Project Investments, Commitment 20,311 16,629
Other 50,361 48,896
Total other liabilities 73,010 68,076
Total liabilities $ 6,597,999 $ 6,304,658
Commitments and Contingencies
Shareholders’ equity:    
Preferred Stock, Value, Issued $ 0 $ 0
Common shares, no par value (20,000,000 shares authorized; 16,150,854 and 16,150,888 shares issued at December 31, 2015 and 2014, respectively) 303,966 303,104
Accumulated other comprehensive loss, net (15,643) (13,608)
Retained earnings 507,505 484,484
Less: Treasury shares (820,039 and 758,489 shares at December 31, 2015 and 2014, respectively) (82,473) (77,439)
Total shareholders’ equity 713,355 696,541
Total liabilities and shareholders’ equity $ 7,311,354 $ 7,001,199