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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets:    
Cash and deposits with banks $ 24,176 $ 20,528
Federal funds sold 17,011 15,382
Total cash and cash equivalents 41,187 35,910
Securities:    
Available for sale, at fair value 367,202 357,670
Held to maturity, (fair value of $109,662 and $109,644, respectively) 107,505 110,699
Loans held for sale, at lower of cost or market 928 9,085
Loans held for sale, at fair value 42,919 26,716
Loans, net of allowance for loan losses of $17,172 and $17,712 1,398,106 1,316,192
Federal Home Loan Bank stock, at cost 18,068 18,068
Premises and equipment, net 20,579 20,678
Accrued interest receivable 6,434 5,978
Real estate owned and other repossessed assets, net 1,616 2,727
Goodwill and other intangible assets 1,554  
Core deposit intangible 7 30
Cash surrender value of life insurance 55,096 54,366
Other assets 19,341 29,870
Total assets 2,080,542 1,987,989
Deposits:    
Interest bearing 1,219,573 1,208,238
Non-interest bearing 236,173 227,505
Total deposits 1,455,746 1,435,743
Federal Home Loan Bank advances    
Long-term Federal Home Loan Bank advances 47,365 46,975
Short-term Federal Home Loan Bank advances 296,000 232,000
Total Federal Home Loan Bank advances 343,365 278,975
Repurchase agreements and other 523 535
Total borrowed funds 343,888 279,510
Advance payments by borrowers for taxes and insurance 19,599 21,174
Accrued interest payable 99 53
Accrued expenses and other liabilities 7,135 7,264
Total liabilities 1,826,467 1,743,744
Shareholders' Equity:    
Preferred stock-no par value; 1,000,000 shares authorized and no shares issued and outstanding
Common stock-no par value; 499,000,000 shares authorized; 54,138,910 shares issued and 46,492,527 and 47,517,644 shares, respectively, outstanding 173,744 174,304
Retained earnings 145,844 140,819
Accumulated other comprehensive income (loss) (8,640) (19,220)
Treasury stock, at cost, 7,646,383 and 6,621,266 shares, respectively (56,873) (51,658)
Total shareholders’ equity 254,075 244,245
Total liabilities and shareholders’ equity $ 2,080,542 $ 1,987,989