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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 68,309 $ 72,439
Interest-bearing deposits in banks 12,380 1,693
Total cash & cash equivalents 80,689 74,132
Securities available-for-sale 599,906 560,479
Loans and leases:    
Gross loans and leases 1,797,660 1,731,928
Allowance for loan and lease losses (11,200) (9,750)
Deferred loan and lease costs, net 2,946 2,602
Net loans and leases 1,789,406 1,724,780
Foreclosed assets 762 1,082
Premises and equipment, net 27,988 29,500
Goodwill 27,357 27,357
Other intangible assets, net 5,650 6,455
Bank-owned life insurance 49,876 48,153
Other assets 54,326 50,564
Total assets 2,635,960 2,522,502
Deposits:    
Non-interest bearing 685,528 662,527
Interest bearing 1,510,679 1,453,813
Total deposits 2,196,207 2,116,340
Repurchase agreements 25,157 16,359
Short-term borrowings 42,200 56,100
Subordinated debentures, net 34,901 34,767
Other liabilities 34,142 25,912
Total liabilities 2,332,607 2,249,478
Commitments and contingent liabilities (Note 8)
Shareholders' equity    
Common stock, no par value; 24,000,000 shares authorized; 15,284,491 and 15,300,460 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 112,797 112,507
Additional paid-in capital 3,333 3,066
Retained earnings 181,332 164,117
Accumulated other comprehensive income (loss), net 5,891 (6,666)
Total shareholders' equity 303,353 273,024
Total liabilities and shareholder's equity $ 2,635,960 $ 2,522,502