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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 49,302 $ 64,632
Interest bearing deposits 200,058 75,718
Federal funds sold 4,500 1,100
Cash and cash equivalents 253,860 141,450
Certificates of deposit in other banks 1,470 3,920
Securities available-for-sale at fair value (amortized cost of $601,544 and $602,114, respectively) 599,299 593,746
Securities held-to-maturity at amortized cost (fair value of $619 and $649, respectively) 619 649
Equity securities at fair value 1,528 1,173
Loans held for sale 13,649 2,461
Loans 3,189,732 3,208,638
Allowance for loan and lease losses (35,004) (35,908)
Net loans 3,154,728 3,172,730
Premises and equipment, net 44,554 45,291
Right-of-use asset 15,128 0
Federal Home Loan Bank stock 12,261 14,713
Federal Reserve Bank stock 4,887 4,887
Goodwill 65,490 65,490
Bank owned life insurance 67,433 67,076
Mortgage servicing rights 3,390 3,607
Other real estate owned 24,970 27,273
Other assets 50,027 57,150
Total assets 4,313,293 4,201,616
Deposits:    
Noninterest bearing 841,996 803,316
Interest bearing 2,541,107 2,502,634
Total deposits 3,383,103 3,305,950
Repurchase agreements 237,506 232,712
Federal funds purchased 1,800 1,180
Advances from Federal Home Loan Bank 431 436
Long-term debt 59,341 59,341
Deferred taxes 6,529 3,363
Lease liability 15,743 0
Other liabilities 31,333 34,484
Total liabilities 3,735,786 3,637,466
Shareholders' equity:    
Preferred stock, 300,000 shares authorized and unissued 0 0
Common stock, $5 par value, shares authorized 25,000,000; shares outstanding 2019 - 17,767,594; 2018 - 17,732,853 88,839 88,665
Capital surplus 223,426 223,161
Retained earnings 267,016 258,935
Accumulated other comprehensive loss, net of tax (1,774) (6,611)
Total shareholders' equity 577,507 564,150
Total liabilities and shareholders' equity $ 4,313,293 $ 4,201,616