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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 62,263 $ 58,829
Interest-bearing deposits in depository institutions 25,876 11,284
Cash and Cash Equivalents 88,139 70,113
Investment securities available for sale, at fair value 450,083 369,466
Investment securities held-to-maturity, at amortized cost (approximate fair value at December 31, 2016 and 2015 - $76,445 and $90,810, respectively) 75,169 88,937
Other securities 14,352 12,915
Total Investment Securities 539,604 471,318
Gross loans 3,046,226 2,862,534
Allowance for loan losses (19,730) (19,251)
Net Loans 3,026,496 2,843,283
Bank owned life insurance 100,732 97,919
Premises and equipment, net 75,165 77,271
Accrued interest receivable 8,408 7,432
Deferred tax asset, net 28,043 29,974
Goodwill and other intangible assets, net 79,135 79,792
Other assets 38,681 36,957
Total Assets 3,984,403 3,714,059
Deposits:    
Noninterest-bearing 672,286 621,073
Interest-bearing:    
Demand deposits 695,891 679,735
Savings deposits 822,057 765,611
Time deposits 1,041,419 1,017,556
Total Deposits 3,231,653 3,083,975
Short-term borrowings:    
Federal Home Loan Bank advances 64,100 13,000
Securities sold under agreements to repurchase 184,205 141,869
Long-term debt 16,495 16,495
Other liabilities 45,512 39,448
Total Liabilities 3,541,965 3,294,787
Shareholders’ Equity    
Preferred stock, par value $25 per share: 500,000 shares authorized; none issued 0 0
Common stock, par value $2.50 per share: 50,000,000 shares authorized; 18,606,944 shares and 18,499,282 shares issued at December 31, 2016 and December 31, 2015, respectively, less 3,478,511 and 3,319,067, shares in treasury, respectively 46,518 46,249
Capital surplus 112,873 106,269
Retained earnings 417,017 390,690
Treasury stock (126,958) (120,104)
Accumulated other comprehensive income (loss):    
Unrealized gains on securities available-for-sale (2,352) 927
Underfunded pension liability (4,660) (4,759)
Total Accumulated Other Comprehensive Loss (7,012) (3,832)
Total Shareholders’ Equity 442,438 419,272
Total Liabilities and Shareholders’ Equity $ 3,984,403 $ 3,714,059