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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 77,121 $ 89,540
Federal funds sold and interest-bearing deposits in other banks 301,240 252,963
Total cash and cash equivalents 378,361 342,503
Securities available-for-sale, amortized cost $345,709 and $336,751, respectively 345,089 336,759
Securities held-to-maturity, fair value $2,074,443 and $1,991,421, respectively 2,110,555 2,046,647
Federal Home Loan Bank of Boston, stock at cost 14,244 17,974
Equity securities, amortized cost $1,635 and $1,635, respectively 1,649 1,596
Loans, net:    
Construction And Land Development 13,305 13,628
Commercial and industrial 767,436 761,625
Municipal 105,288 97,290
Commercial real estate 746,703 750,362
Residential real estate 349,966 348,250
Consumer 21,562 21,359
Home equity 305,839 292,340
Overdrafts 561 724
Total loans, net 2,310,660 2,285,578
Less: allowance for loan losses 28,848 28,543
Net loans 2,281,812 2,257,035
Bank premises and equipment 24,494 23,921
Accrued interest receivable 14,464 14,406
Goodwill 2,714 2,714
Other assets 132,684 120,380
Total assets 5,306,066 5,163,935
Deposits:    
Demand deposits 764,545 813,478
Savings and NOW deposits 1,783,987 1,707,019
Money market accounts 1,359,016 1,325,888
Time deposits 542,079 560,579
Total deposits 4,449,627 4,406,964
Securities sold under agreements to repurchase 164,500 154,240
Other borrowed funds 257,148 202,378
Subordinated debentures 36,083 36,083
Due to broker 11,740  
Other liabilities 77,644 63,831
Total liabilities 4,996,742 4,863,496
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 310,356 301,488
Stockholders' equity before adjustment of accumulated other comprehensive income (loss) 328,216 319,348
Unrealized losses on securities available-for-sale, net of taxes (456) 6
Unrealized losses on securities transferred to held-to-maturity, net of taxes (2,349) (2,565)
Pension liability, net of taxes (16,087) (16,350)
Total accumulated other comprehensive loss, net of taxes (18,892) (18,909)
Total stockholders' equity 309,324 300,439
Total liabilities and stockholders' equity 5,306,066 5,163,935
Class A Common Stock [Member]    
Stockholders' Equity    
Common stock value 3,610 3,608
Total stockholders' equity 3,610 3,608
Class B Common Stock [Member]    
Stockholders' Equity    
Common stock value 1,958 1,960
Total stockholders' equity $ 1,958 $ 1,960