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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 74,787 $ 62,400
Federal funds sold and interest-bearing deposits in other banks 153,374 173,751
Total cash and cash equivalents 228,161 236,151
Short-term investments   3,183
Securities available-for-sale, amortized cost $411,709 and $500,220, respectively 411,340 499,297
Securities held-to-maturity, fair value $1,706,840 and $ 1,635,808, respectively 1,722,875 1,653,986
Federal Home Loan Bank of Boston, stock at cost 25,588 21,042
Loans, net:    
Construction and land development 14,159 14,928
Commercial and industrial 650,542 612,503
Municipal 127,259 135,418
Commercial real estate 736,603 696,173
Residential real estate 264,744 241,357
Home equity 229,274 211,857
Overdrafts 518 684
Total loans, net 2,033,799 1,923,933
Less: allowance for loan losses 25,289 24,406
Net loans 2,008,510 1,899,527
Bank premises and equipment 23,177 23,417
Accrued interest receivable 10,309 9,645
Goodwill 2,714 2,714
Other assets 116,563 113,646
Total assets 4,549,237 4,462,608
Deposits:    
Demand deposits 687,219 689,286
Savings and NOW deposits 1,409,327 1,304,394
Money market accounts 897,241 1,181,179
Time deposits 575,410 478,359
Total deposits 3,569,197 3,653,218
Securities sold under agreements to repurchase 167,340 182,280
Other borrowed funds 455,500 293,000
Subordinated debentures 36,083 36,083
Due to broker 6,854  
Other liabilities 59,638 57,986
Total liabilities 4,294,612 4,222,567
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 256,718 243,565
Stockholders' equity before adjustment of accumulated other comprehensive income (loss) 274,578 261,425
Unrealized losses on securities available-for-sale, net of taxes (234) (567)
Unrealized losses on securities transferred to held-to-maturity, net of taxes (3,451) (4,084)
Pension liability, net of taxes (16,268) (16,733)
Total accumulated other comprehensive loss, net of taxes (19,953) (21,384)
Total stockholders' equity 254,625 240,041
Total liabilities and stockholders' equity 4,549,237 4,462,608
Consumer [Member]    
Loans, net:    
Consumer 10,700 11,013
Total loans, net 11,218 11,697
Less: allowance for loan losses 195 582
Class A Common Stock [Member]    
Stockholders' Equity    
Common stock value 3,604 3,601
Total stockholders' equity 3,604 3,601
Class B Common Stock [Member]    
Stockholders' Equity    
Common stock value 1,964 1,967
Total stockholders' equity $ 1,964 $ 1,967