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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 54,450 $ 62,263
Interest-bearing deposits in depository institutions 28,058 25,876
Cash and Cash Equivalents 82,508 88,139
Investment securities available for sale, at fair value 550,389 450,083
Investment securities held-to-maturity, at amortized cost (approximate fair value at December 31, 2017 and 2016 - $65,646 and $76,445, respectively) 64,449 75,169
Other securities 14,147 14,352
Total Investment Securities 628,985 539,604
Gross loans 3,127,410 3,046,226
Allowance for loan losses (18,836) (19,730)
Net Loans 3,108,574 3,026,496
Bank owned life insurance 103,440 100,732
Premises and equipment, net 72,682 75,165
Accrued interest receivable 9,223 8,408
Deferred tax asset, net 11,913 28,043
Goodwill and other intangible assets, net 78,595 79,135
Other assets 36,361 38,681
Total Assets 4,132,281 3,984,403
Deposits:    
Noninterest-bearing 666,639 672,286
Interest-bearing:    
Demand deposits 769,245 695,891
Savings deposits 796,275 822,057
Time deposits 1,083,475 1,041,419
Total Deposits 3,315,634 3,231,653
Short-term borrowings:    
Federal Home Loan Bank advances 54,000 64,100
Securities sold under agreements to repurchase 198,219 184,205
Long-term debt 16,495 16,495
Other liabilities 45,426 45,512
Total Liabilities 3,629,774 3,541,965
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; 19,047,548 shares and 18,606,944 shares issued at December 31, 2017 and 2016, less 3,429,519 and 3,478,511 shares in treasury, respectively 47,619 46,518
Capital surplus 140,960 112,873
Retained earnings 444,481 417,017
Treasury stock (124,909) (126,958)
Accumulated other comprehensive loss:    
Unrealized loss on securities available-for-sale (611) (2,352)
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax 5,033 4,660
Total Accumulated Other Comprehensive Loss (5,644) (7,012)
Total Shareholders’ Equity 502,507 442,438
Total Liabilities and Shareholders’ Equity $ 4,132,281 $ 3,984,403