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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets:    
Cash and cash equivalents $ 38,968 $ 47,358
Investment securities:    
Held-to-maturity, at amortized cost (fair value of $5,552)   5,504
Available-for-sale, at fair value 697,544 758,015
Total securities 697,544 763,519
Loans 3,188,249 3,263,399
Allowance for loan losses (29,289) (30,838)
Total 3,158,960 3,232,561
Restricted stock, at cost 30,899 40,686
Bank premises and equipment, net 40,017 41,267
Right-of-use asset - operating leases 14,343  
Bank-owned life insurance 83,119 80,925
Pension plan assets, net 18,275 15,154
Deferred income tax benefit 317 3,447
Other assets 15,401 16,143
Total assets 4,097,843 4,241,060
Deposits:    
Checking 911,978 935,574
Savings, NOW and money market 1,720,599 1,590,341
Time, $100,000 and over 242,359 309,165
Time, other 269,080 249,892
Total 3,144,016 3,084,972
Short-term borrowings 190,710 388,923
Long-term debt 337,472 362,027
Operating lease liability 15,220  
Accrued expenses and other liabilities 21,317 16,951
Total liabilities 3,708,735 3,852,873
Commitments and Contingent Liabilities (Note L)
Stockholders' Equity:    
Common stock, par value $0.10 per share: Authorized, 80,000,000 shares; Issued and outstanding, 23,934,632 and 25,422,740 shares 2,393 2,542
Surplus 111,744 145,163
Retained earnings 274,376 249,922
Total 388,513 397,627
Accumulated other comprehensive income (loss), net of tax 595 (9,440)
Total 389,108 388,187
Total 4,097,843 4,241,060
Commercial And Industrial [Member]    
Investment securities:    
Loans 103,879 98,785
Allowance for loan losses (1,493) (1,158)
Commercial Mortgages [Member]    
Investment securities:    
Loans 1,401,289 1,281,295
Consumer And Other [Member]    
Investment securities:    
Loans 2,431 5,958
Allowance for loan losses (13) (49)
Closed-end [Member] | Residential Mortgages [Member]    
Investment securities:    
Loans 1,621,419 1,809,651
Allowance for loan losses (15,698) (18,844)
Revolving Home Equity [Member] | Residential Mortgages [Member]    
Investment securities:    
Loans 59,231 67,710
Allowance for loan losses $ (515) $ (410)