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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 39,541 $ 33,146
Interest bearing deposits with other banks 2,786 2,199
Total cash and cash equivalents 42,327 35,345
Securities available for sale 450,895 409,709
Trading securities 7,545 7,150
Loans held for sale 1,661 852
Loans 2,339,649 2,149,848
Less: unearned discount (4,357) (3,889)
Less: allowance for loan losses (22,122) (19,693)
Net loans 2,313,170 2,126,266
FHLB, other equity, and restricted equity interests 22,689 21,517
Premises and equipment, net 49,745 50,715
Bank owned life insurance 55,773 55,035
Mortgage servicing rights 1,489 1,387
Goodwill 38,730 38,730
Core deposit intangible 1,129 1,625
Accrued interest receivable and other assets 24,476 20,442
Total Assets 3,009,629 2,768,773
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Non-interest bearing deposits 314,906 321,858
Interest bearing deposits 2,086,659 1,845,957
Total deposits 2,401,565 2,167,815
Short-term borrowings 0 34,416
FHLB and other long term borrowings 257,812 222,943
Subordinated debentures 70,620 70,620
Accrued interest payable and other liabilities 29,739 29,069
Total liabilities 2,759,736 2,524,863
Common stock, $0 par value; authorized 50,000,000 shares; issued 15,308,378 shares at June 30, 2018 and December 31, 2017 0 0
Additional paid in capital 97,059 97,042
Retained earnings 158,790 148,298
Treasury stock, at cost (22,948 shares at June 30, 2018 and 43,638 shares at December 31, 2017) (608) (1,087)
Accumulated other comprehensive loss (5,348) (343)
Total shareholders’ equity 249,893 243,910
Total Liabilities and Shareholders’ Equity $ 3,009,629 $ 2,768,773