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CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Cash and cash equivalents:    
Cash and due from banks $ 168,962 $ 66,511
Federal funds sold 493 914
Cash and cash equivalents 169,455 67,425
Investment securities:    
Securities, available for sale 433,926 339,937
Held to maturity, at cost (estimated fair value of $0 and $86,817 respectively) 0 86,579
Investment securities 433,926 426,516
Federal Home Loan Bank stock, at cost 3,324 3,308
Loans held for sale 476 0
Loans, net of unearned income 1,544,132 1,525,490
Less: allowance for loan losses 11,961 10,929
Net loans 1,532,171 1,514,561
Premises and equipment, net 58,081 56,464
Goodwill 13,217 12,942
Intangible assets, net 6,958 7,166
Other real estate, net 4,385 4,879
Accrued interest receivable 10,076 8,412
Other assets 19,082 15,543
Total Assets 2,251,151 2,117,216
Deposits:    
Noninterest-bearing demand 321,158 325,888
Interest-bearing demand 714,705 635,942
Savings 145,390 135,156
Time 767,352 756,027
Total deposits 1,948,605 1,853,013
Short-term advances from Federal Home Loan Bank 50,000 13,079
Repurchase agreements 6,603 6,840
Accrued interest payable 5,940 6,047
Long-term advances from Federal Home Loan Bank 3,489 3,533
Senior long-term debt 47,014 48,558
Junior subordinated debentures 14,747 14,737
Other liabilities 5,726 5,374
Total Liabilities 2,082,124 1,951,181
Common stock:    
$1 par value - authorized 100,600,000 shares; issued 9,741,253 shares 9,741 9,741
Surplus 110,836 110,836
Retained earnings 45,549 43,283
Accumulated other comprehensive income 2,901 2,175
Total Shareholders' Equity 169,027 166,035
Total Liabilities and Shareholders' Equity $ 2,251,151 $ 2,117,216