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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 51,558 $ 43,367
Federal funds sold and interest-bearing deposits in other banks 61,706 261,990
Total cash and cash equivalents 113,264 305,357
Short-term investments 2,139 2,131
Securities available-for-sale, amortized cost $410,206 and $448,210, respectively 410,214 448,390
Securities held-to-maturity, fair value $1,565,261 and $1,413,603, respectively 1,543,775 1,406,792
Federal Home Loan Bank of Boston stock, at cost 29,698 24,916
Loans, net:    
Commercial and industrial 378,154 149,732
Municipal 87,016 41,850
Construction and land development 27,308 22,744
Commercial real estate 701,523 696,272
Residential real estate 264,105 257,305
Home equity 172,091 151,275
Consumer and other 10,633 12,188
Total loans, net 1,640,830 1,331,366
Less: allowance for loan losses 22,330 22,318
Net loans 1,618,500 1,309,048
Bank premises and equipment 24,214 24,182
Accrued interest receivable 7,306 6,241
Goodwill 2,714 2,714
Other assets 104,583 94,265
Total assets 3,856,407 3,624,036
Deposits:    
Demand deposits 534,870 484,928
Savings and NOW deposits 1,071,773 978,619
Money Market Accounts 896,509 890,899
Time deposits 406,420 383,145
Total deposits 2,909,572 2,737,591
Securities sold under agreements to repurchase 211,770 212,360
Other borrowed funds 432,500 395,500
Subordinated debentures 36,083 36,083
Due to broker 4,430  
Other liabilities 50,920 50,002
Total liabilities $ 3,645,275 $ 3,431,536
Stockholders' Equity    
Preferred stock - $1.00 par value; 100,000 shares authorized; no shares issued and outstanding
Additional paid-in capital $ 12,292 $ 12,292
Retained earnings 215,811 200,411
Stockholders' equity before adjustment of accumulated other comprehensive income (loss) 233,671 218,271
Unrealized (losses) gains on securities available-for-sale, net of taxes (27) 77
Unrealized losses on securities transferred to held-to-maturity, net of taxes (7,782) (10,479)
Pension liability, net of taxes (14,730) (15,369)
Total accumulated other comprehensive loss, net of taxes (22,539) (25,771)
Total stockholders' equity 211,132 192,500
Total liabilities and stockholders' equity 3,856,407 3,624,036
Class A Common Stock [Member]    
Stockholders' Equity    
Common stock value 3,601 3,601
Total stockholders' equity 3,601 3,601
Class B Common Stock [Member]    
Stockholders' Equity    
Common stock value 1,967 1,967
Total stockholders' equity $ 1,967 $ 1,967