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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS:    
Cash and due from banks $ 37,574 $ 43,505
Federal funds sold and other short term investments 641,011 627,943
Total cash and cash equivalents 678,585 671,448
Securities available for sale 689,663 676,759
Held to maturity securities (fair value 2015 $67,689; 2014 $75,342) 63,543 70,946
Federal Reserve Bank and Federal Home Loan Bank stock 9,480 9,228
Loans, net of deferred fees and costs 3,242,948 3,158,332
Less: Allowance for loan losses 45,571 46,327
Net loans 3,197,377 3,112,005
Bank premises and equipment, net 38,100 38,565
Other assets 64,589 65,488
Total assets 4,741,337 4,644,439
Deposits:    
Demand 355,783 331,425
Interest-bearing checking 713,001 682,210
Savings accounts 1,250,154 1,216,831
Money market deposit accounts 633,239 638,542
Time deposits 1,185,264 1,163,233
Total deposits 4,137,441 4,032,241
Short-term borrowings 170,750 189,116
Accrued expenses and other liabilities 30,687 29,638
Total liabilities 4,338,878 4,250,995
SHAREHOLDERS' EQUITY:    
Capital stock par value $1; 150,000,000 shares authorized; 98,964,052 and 98,944,623 shares issued at June 30, 2015 and December 31, 2014, respectively 98,964 98,945
Surplus 171,988 172,353
Undivided profits 175,721 166,745
Accumulated other comprehensive loss, net of tax (5,927) (4,509)
Treasury stock at cost - 3,908,037 and 4,087,295 shares at June 30, 2015 and December 31, 2014, respectively (38,287) (40,090)
Total shareholders' equity 402,459 393,444
Total liabilities and shareholders' equity $ 4,741,337 $ 4,644,439