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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 54,117 $ 53,000
Interest-bearing deposits at other financial institutions 294,461 329,103
Total Cash and Cash Equivalents 348,578 382,103
Time deposits in other banks 600 600
Securities 217,660 205,978
Other investments 12,091 12,063
Loans held for sale 466 613
Loans, net of allowance for loan loss of $23,757 and $25,006 at September 30, 2017 and December 31, 2016, respectively 2,175,721 2,129,879
Premises and equipment, net 54,129 57,514
Goodwill 80,950 80,950
Other intangible assets, net of accumulated amortization of $13,667 and $12,851 at September 30, 2017 and December 31, 2016, respectively 7,031 7,791
Cash value of life insurance 67,550 51,430
Deferred tax asset, net 7,901 9,031
Repossessed real estate and other assets 1,136 1,861
Other assets 16,025 11,709
Total Assets 2,989,838 2,951,522
Liabilities    
Noninterest-bearing deposits 1,051,755 1,025,425
Interest-bearing deposits 1,502,872 1,515,335
Total Deposits 2,554,627 2,540,760
Repurchase agreements 2,239 2,343
Junior subordinated debt 6,726 6,726
Note payable 24,357 27,679
Other liabilities 20,768 16,377
Total Liabilities 2,608,717 2,593,885
Commitments and Contingencies (Note 10)
Shareholders’ Equity    
Common stock, $0.01 par value; 90,000,000 shares authorized, 22,971,504 shares issued at September 30, 2017 and December 31, 2016, 22,063,072 shares outstanding at September 30, 2017 and 22,062,072 shares outstanding at December 31, 2016 230 230
Additional paid-in capital 278,557 278,501
Retained earnings 117,579 95,274
Treasury stock, at cost (908,432 shares held at September 30, 2017 and 909,432 held at December 31, 2016) (15,429) (15,446)
Accumulated other comprehensive income/(loss) 184 (922)
Total Shareholders’ Equity 381,121 357,637
Total Liabilities and Shareholders’ Equity $ 2,989,838 $ 2,951,522