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CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Cash and cash equivalents:    
Cash and due from banks $ 236,365 $ 66,511
Federal funds sold 778 914
Cash and cash equivalents 237,143 67,425
Investment securities:    
Securities, available for sale 450,538 339,937
Held to maturity, at cost (estimated fair value of $0 and $86,817 respectively) 0 86,579
Investment securities 450,538 426,516
Federal Home Loan Bank stock, at cost 3,336 3,308
Loans held for sale 280 0
Loans, net of unearned income 1,640,723 1,525,490
Less: allowance for loan losses 14,017 10,929
Net loans 1,626,706 1,514,561
Premises and equipment, net 58,680 56,464
Goodwill 13,072 12,942
Intangible assets, net 6,934 7,166
Other real estate, net 4,194 4,879
Accrued interest receivable 16,339 8,412
Other assets 19,403 15,543
Total Assets 2,436,625 2,117,216
Deposits:    
Noninterest-bearing demand 434,306 325,888
Interest-bearing demand 722,301 635,942
Savings 169,862 135,156
Time 794,529 756,027
Total deposits 2,120,998 1,853,013
Short-term advances from Federal Home Loan Bank 50,000 13,079
Repurchase agreements 6,569 6,840
Accrued interest payable 5,377 6,047
Long-term advances from Federal Home Loan Bank 3,443 3,533
Senior long-term debt 45,470 48,558
Junior subordinated debentures 14,757 14,737
Other liabilities 10,085 5,374
Total Liabilities 2,256,699 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 49,175 43,283
Accumulated other comprehensive income 10,174 2,175
Total Shareholders' Equity 179,926 166,035
Total Liabilities and Shareholders' Equity $ 2,436,625 $ 2,117,216