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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
ASSETS      
Cash and Due From Banks $ 45,602 $ 42,116 $ 32,525
Interest-Bearing Deposits at Banks 406,605 338,875 106,004
Investments, Debt and Equity Securities [Abstract]      
Available-for-Sale at Fair Value 464,089 365,287 378,186
Held-to-Maturity (Approximate Fair Value of $221,360 at March 31, 2021; $226,576 at December 31, 2020; and $242,804 at March 31, 2020) 214,561 218,405 238,520
Equity Securities 1,796 1,636 1,689
FHLB and Federal Reserve Bank Stock 5,360 5,349 5,379
Total 2,639,243 2,595,030 2,414,193
Allowance for Credit Losses (26,840) (29,232) (23,637)
Net Loans 2,612,403 2,565,798 2,390,556
Premises and Equipment, Net 43,057 42,612 40,987
Goodwill 21,873 21,873 21,873
Other Intangible Assets, Net 2,049 1,950 1,640
Other Assets 86,316 84,735 73,973
Total Assets 3,903,711 3,688,636 3,291,332
LIABILITIES      
Noninterest-Bearing Deposits 751,884 701,341 489,151
Interest-Bearing Checking Accounts 992,486 832,434 793,425
Savings Deposits 1,463,229 1,423,358 1,146,683
Time Deposits over $250,000 100,212 123,622 135,854
Other Time Deposits 145,777 153,971 245,892
Total Deposits 3,453,588 3,234,726 2,811,005
Federal Funds Purchased and Securities Sold Under Agreements to Repurchase 6,795 17,486 57,909
Federal Home Loan Bank Term Advances 45,000 45,000 50,000
Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts 20,000 20,000 20,000
Finance Leases 5,205 5,217 5,249
Other Liabilities 30,710 31,815 37,771
Total Liabilities 3,561,298 3,354,244 2,981,934
STOCKHOLDERS’ EQUITY      
Preferred Stock, $1 Par Value and 1,000,000 Shares Authorized at March 31, 2021, December 31, 2020 and March 31, 2020 0 0 0
Common Stock, $1 Par Value; 30,000,000 Shares Authorized (20,194,474 Shares Issued at March 31, 2021 and December 31, 2020 and 19,606,449 at March 31, 2020) 20,194 20,194 19,606
Additional Paid-in Capital 354,358 353,662 336,021
Retained Earnings 51,263 41,899 37,441
Accumulated Other Comprehensive Loss (3,096) (816) (2,412)
Treasury Stock, at Cost (4,651,719 Shares at March 31, 2021; 4,678,736 Shares at December 31, 2020 and 4,624,348 Shares at March 31, 2020) (80,306) (80,547) (81,258)
Total Stockholders’ Equity 342,413 334,392 309,398
Total Liabilities and Stockholders’ Equity $ 3,903,711 $ 3,688,636 $ 3,291,332