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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 58,975 $ 52,877
Federal funds sold and interest-bearing deposits in other banks 159,900 167,847
Total cash and cash equivalents 218,875 220,724
Short-term investments 3,241 3,233
Securities available-for-sale, amortized cost $526,762 and $404,977, respectively 526,132 404,623
Securities held-to-maturity, fair value $1,589,183 and $1,438,960, respectively 1,565,191 1,438,903
Federal Home Loan Bank of Boston stock, at cost 21,148 28,807
Loans, net:    
Commercial and industrial 549,290 452,235
Municipal 145,063 85,685
Construction and land development 19,522 27,421
Commercial real estate 692,778 721,506
Residential real estate 222,881 255,346
Home equity 200,085 178,020
Consumer and other 11,474 11,323
Total loans, net 1,841,093 1,731,536
Less: allowance for loan losses 24,208 23,075
Net loans 1,816,885 1,708,461
Bank premises and equipment 23,334 24,106
Accrued interest receivable 7,597 8,002
Goodwill 2,714 2,714
Other assets 113,206 107,868
Total assets 4,298,323 3,947,441
Deposits:    
Demand deposits 645,317 541,955
Savings and NOW deposits 1,293,995 1,070,585
Money market accounts 1,067,170 989,094
Time deposits 454,631 473,426
Total deposits 3,461,113 3,075,060
Securities sold under agreements to repurchase 214,320 197,850
Other borrowed funds 293,000 368,000
Subordinated debentures 36,083 36,083
Due to broker 2,252 405
Other liabilities 57,774 55,499
Total liabilities 4,064,542 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 237,616 221,232
Stockholders' equity before adjustment of accumulated other comprehensive income (loss) 255,476 239,092
Unrealized losses on securities available-for-sale, net of taxes (394) (246)
Unrealized losses on securities transferred to held-to-maturity, net of taxes (4,622) (6,896)
Pension liability, net of taxes (16,679) (17,406)
Total accumulated other comprehensive loss, net of taxes (21,695) (24,548)
Total stockholders' equity 233,781 214,544
Total liabilities and stockholders' equity 4,298,323 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