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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Deposits:    
Non-interest bearing $ 360,603 $ 342,636
Interest bearing 1,379,751 1,389,932
Total deposits 1,740,354 1,732,568
Cash and due from banks:    
Non-interest bearing 45,141 42,570
Interest bearing 34,067 72,722
Federal funds sold 491 492
Cash and cash equivalents 79,699 115,784
Certificates of deposit investments 34,730 25,000
Investment securities:    
Available-for-sale, at fair value 518,339 518,848
Held-to-maturity, at amortized cost (estimated fair value of $98,362 and $85,737 at March 31, 2016 and December 31, 2015, respectively) 97,382 85,208
Loans held for sale 1,738 968
Loans 1,275,167 1,280,921
Less allowance for loan losses (14,736) (14,576)
Net loans 1,260,431 1,266,345
Interest receivable 7,592 8,085
Other real estate owned 347 477
Premises and equipment, net 30,034 31,340
Goodwill, net 41,007 41,007
Intangible assets, net 8,542 8,997
Bank Owned Life Insurance 25,009 0
Other assets 14,794 12,440
Total assets 2,119,644 2,114,499
Liabilities and Stockholders' Equity    
Securities sold under agreements to repurchase 116,689 128,842
Interest payable 367 356
FHLB borrowings 20,000 20,000
Junior subordinated debentures 20,620 20,620
Dividends Payable 1,100 550
Other liabilities 8,482 6,554
Total liabilities 1,907,612 1,909,490
Stockholders' Equity    
Convertible preferred stock, no par value; authorized 1,000,000 shares; issued 5,500 shares in 2016 and 2015 27,400 27,400
Common stock, $4 par value; authorized 18,000,000 shares; issued 9,006,045 shares in 2016 and 9,003,710 shares in 2015 38,024 38,015
Additional paid-in capital 80,116 79,626
Retained earnings 75,968 71,712
Deferred compensation 2,728 3,245
Accumulated other comprehensive income 3,278 723
Less treasury stock at cost, 549,743 shares in 2016 and 549,743 shares in 2015 (15,482) (15,712)
Total stockholders’ equity 212,032 205,009
Total liabilities and stockholders’ equity $ 2,119,644 $ 2,114,499