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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 66,913 $ 52,877
Federal funds sold and interest-bearing deposits in other banks 20,093 167,847
Total cash and cash equivalents 87,006 220,724
Short-term investments 3,241 3,233
Securities available-for-sale, amortized cost $563,386 and $404,977, respectively 562,933 404,623
Securities held-to-maturity, fair value $1,606,758 and $1,438,960, respectively 1,573,829 1,438,903
Federal Home Loan Bank of Boston stock, at cost 26,086 28,807
Loans held-for-sale 12,403  
Loans, net:    
Commercial and industrial 493,033 452,235
Municipal 134,386 85,685
Construction and land development 31,178 27,421
Commercial real estate 728,658 721,506
Residential real estate 219,494 255,346
Home equity 183,816 178,020
Consumer and other 11,339 11,323
Total loans, net 1,801,904 1,731,536
Less: allowance for loan losses 23,863 23,075
Net loans 1,778,041 1,708,461
Bank premises and equipment 23,525 24,106
Accrued interest receivable 8,714 8,002
Goodwill 2,714 2,714
Other assets 111,820 107,868
Total assets 4,190,312 3,947,441
Deposits:    
Demand deposits 610,756 541,955
Savings and NOW deposits 1,272,221 1,070,585
Money market accounts 875,428 989,094
Time deposits 460,527 473,426
Total deposits 3,218,932 3,075,060
Securities sold under agreements to repurchase 217,765 197,850
Other borrowed funds 431,000 368,000
Subordinated debentures 36,083 36,083
Due to broker 3,585 405
Other liabilities 55,761 55,499
Total liabilities 3,963,126 3,732,897
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 231,680 221,232
Stockholders' equity before adjustment of accumulated other comprehensive income (loss) 249,540 239,092
Unrealized losses on securities available-for-sale, net of taxes (284) (246)
Unrealized losses on securities transferred to held-to-maturity, net of taxes (5,149) (6,896)
Pension liability, net of taxes (16,921) (17,406)
Total accumulated other comprehensive loss, net of taxes (22,354) (24,548)
Total stockholders' equity 227,186 214,544
Total liabilities and stockholders' equity 4,190,312 3,947,441
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