XML 36 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 65,556 $ 72,439
Interest-bearing deposits in banks 14,521 1,693
Cash and cash equivalents 80,077 74,132
Securities available-for-sale 600,799 560,479
Loans and leases:    
Gross loans and leases 1,762,565 1,731,928
Allowance for loan and lease losses (9,923) (9,750)
Deferred loan and lease costs, net 2,896 2,602
Net loans and leases 1,755,538 1,724,780
Foreclosed assets 800 1,082
Premises and equipment, net 27,435 29,500
Goodwill 27,357 27,357
Other intangible assets, net 5,381 6,455
Company owned life insurance 50,517 48,153
Other assets 45,915 50,564
Total assets 2,593,819 2,522,502
Deposits:    
Non-interest bearing 690,950 662,527
Interest bearing 1,477,424 1,453,813
Total deposits 2,168,374 2,116,340
Repurchase agreements 25,711 16,359
Short-term borrowings 20,000 56,100
Subordinated debentures, net 34,945 34,767
Other liabilities 35,504 25,912
Total liabilities 2,284,534 2,249,478
Commitments and contingent liabilities (Notes 6 & 13)
Shareholders' equity    
Serial Preferred stock, no par value; 10,000,000 shares authorized; none issued;
Common stock, no par value; 24,000,000 shares authorized; 15,284,538 and 15,300,460 shares issued and outstanding in 2019 and 2018, respectively 113,179 112,507
Additional paid-in capital 3,307 3,066
Retained earnings 186,867 164,117
Accumulated other comprehensive gain (loss), net of taxes of $2,490 in 2019 and $(2,798) in 2018 5,932 (6,666)
Total shareholders' equity 309,285 273,024
Total liabilities and shareholder's equity $ 2,593,819 $ 2,522,502