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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
[1]
Assets    
Cash and due from banks $ 21,625 $ 19,352
Interest-bearing deposits in other banks 51,716 75,985
Securities available for sale, at fair value 362,800 340,349
Restricted stock, at cost 5,362 5,312
Loans held for sale 4,692 3,266
Loans, net of unearned income 1,057,959 1,005,525
Less allowance for loan losses (12,674) (12,601)
Net loans 1,045,285 992,924
Premises and equipment, net 22,878 23,567
Other real estate owned, net of valuation allowance $134 in 2016 and $329 in 2015 1,289 2,184
Goodwill 43,872 43,872
Core deposit intangibles, net 2,107 2,683
Bank owned life insurance 17,885 17,658
Accrued interest receivable and other assets 22,140 20,447
Total assets 1,601,651 1,547,599
Liabilities    
Demand deposits -- noninterest bearing 321,442 322,442
Demand deposits -- interest bearing 205,440 227,030
Money market deposits 252,118 200,495
Savings deposits 116,047 115,383
Time deposits 403,338 397,310
Total deposits 1,298,385 1,262,660
Customer repurchase agreements 53,369 40,611
Long-term borrowings 9,969 9,958
Junior subordinated debt 27,673 27,622
Accrued interest payable and other liabilities 9,551 8,913
Total liabilities 1,398,947 1,349,764
Shareholders' equity    
Preferred stock, $5 par, 2,000,000 shares authorized, none outstanding 0 0
Common stock, $1 par, 20,000,000 shares authorized, 8,609,160 shares outstanding at June 30, 2016 and 8,622,007 shares outstanding at December 31, 2015 8,572 8,605
Capital in excess of par value 74,753 75,375
Retained earnings 115,648 111,565
Accumulated other comprehensive income, net 3,731 2,290
Total shareholders' equity 202,704 197,835
Total liabilities and shareholders' equity $ 1,601,651 $ 1,547,599
[1] Derived from audited consolidated financial statements.