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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 34,637 $ 33,146
Interest bearing deposits with other banks 1,863 2,199
Total cash and cash equivalents 36,500 35,345
Securities available for sale 522,334 409,709
Trading securities 8,887 7,150
Loans held for sale 775 852
Loans 2,391,463 2,149,848
Less: unearned discount (4,508) (3,889)
Less: allowance for loan losses (22,510) (19,693)
Net loans 2,364,445 2,126,266
FHLB, other equity, and restricted equity interests 23,836 21,517
Premises and equipment, net 49,301 50,715
Bank owned life insurance 56,108 55,035
Mortgage servicing rights 1,492 1,387
Goodwill 38,730 38,730
Core deposit intangible 907 1,625
Accrued interest receivable and other assets 25,998 20,442
Total Assets 3,129,313 2,768,773
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Non-interest bearing deposits 345,154 321,858
Interest bearing deposits 2,177,225 1,845,957
Total deposits 2,522,379 2,167,815
Short-term borrowings 2,211 34,416
FHLB and other long term borrowings 250,211 222,943
Subordinated debentures 70,620 70,620
Accrued interest payable and other liabilities 29,516 29,069
Total liabilities 2,874,937 2,524,863
Common stock, $0 par value; authorized 50,000,000 shares; issued 15,308,378 shares at September 30, 2018 and December 31, 2017 0 0
Additional paid in capital 97,328 97,042
Retained earnings 165,427 148,298
Treasury stock, at cost (22,948 shares at September 30, 2018 and 43,638 shares at December 31, 2017) (608) (1,087)
Accumulated other comprehensive loss (7,771) (343)
Total shareholders’ equity 254,376 243,910
Total Liabilities and Shareholders’ Equity $ 3,129,313 $ 2,768,773