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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets:    
Cash and cash equivalents $ 44,017 $ 47,358
Investment securities:    
Held-to-maturity, at amortized cost (fair value of $5,172 and $5,552) 5,124 5,504
Available-for-sale, at fair value 749,921 758,015
Total securities 755,045 763,519
Loans:    
Commercial and industrial 100,944 98,785
Secured by real estate:    
Commercial mortgages 1,304,886 1,281,295
Residential mortgages 1,777,332 1,809,651
Home equity lines 66,049 67,710
Consumer and other 5,107 5,958
Total Loans 3,254,318 3,263,399
Allowance for loan losses (30,199) (30,838)
Total 3,224,119 3,232,561
Restricted stock, at cost 29,411 40,686
Bank premises and equipment, net 41,081 41,267
Right of use asset - operating leases 15,191  
Bank-owned life insurance 81,460 80,925
Pension plan assets, net 15,141 15,154
Deferred income tax benefit 837 3,447
Other assets 16,374 16,143
Total assets 4,222,676 4,241,060
Deposits:    
Checking 925,141 935,574
Savings, NOW and money market 1,699,996 1,590,341
Time, $100,000 and over 292,370 309,165
Time, other 389,702 249,892
Total 3,307,209 3,084,972
Short-term borrowings 135,176 388,923
Long-term debt 366,472 362,027
Operating lease liability 15,999  
Accrued expenses and other liabilities 11,378 16,951
Total liabilities 3,836,234 3,852,873
Stockholders' Equity:    
Common stock, par value $.10 per share: Authorized, 80,000,000 shares; Issued and outstanding, 24,900,347 and 25,422,740 shares 2,490 2,542
Surplus 132,018 145,163
Retained earnings 256,512 249,922
Total 391,020 397,627
Accumulated other comprehensive loss, net of tax (4,578) (9,440)
Total 386,442 388,187
Total $ 4,222,676 $ 4,241,060