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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 94,662,000 $ 97,196,000
Interest-earning deposits with banks 125,411,000 191,899,000
Securities    
Securities - trading 1,289,000 804,000
Securities - available for sale 401,837,000 363,644,000
Securities - held to maturity (fair value $500,917 and $485,650) 502,123,000 487,076,000
Total securities 905,249,000 851,524,000
Loans held for sale (at fair value) 3,398,000 6,139,000
Loans    
Commercial and industrial 881,329,000 902,053,000
Commercial real estate 3,027,305,000 3,010,798,000
Commercial construction 356,173,000 320,391,000
Small business 126,374,000 122,726,000
Residential real estate 653,999,000 644,426,000
Home equity - first position 595,828,000 577,006,000
Home equity - subordinate positions 412,943,000 411,141,000
Other consumer 10,415,000 11,064,000
Total loans 6,064,366,000 5,999,605,000
Less: allowance for loan losses (62,318,000) (61,566,000)
Net loans 6,002,048,000 5,938,039,000
Federal Home Loan Bank stock 11,497,000 11,497,000
Bank premises and equipment, net 82,027,000 78,480,000
Goodwill 221,526,000 221,526,000
Other intangible assets 9,087,000 9,848,000
Cash surrender value of life insurance policies 145,560,000 144,503,000
Other real estate owned and other foreclosed assets 3,404,000 4,173,000
Other assets 134,245,000 154,551,000
Total assets 7,738,114,000 7,709,375,000
Deposits    
Demand deposits 2,043,359,000 2,057,086,000
Savings and interest checking accounts 2,542,667,000 2,469,237,000
Money market 1,268,796,000 1,236,778,000
Time certificates of deposit of $100,000 and over 242,562,000 266,190,000
Other time certificates of deposits 373,290,000 382,962,000
Total deposits 6,470,674,000 6,412,253,000
Borrowings    
Federal Home Loan Bank borrowings 50,811,000 50,819,000
Customer repurchase agreements 145,772,000 176,913,000
Junior subordinated debentures (less unamortized debt issuance costs of $131 and $136) 73,067,000 73,107,000
Subordinated debentures (less unamortized debt issuance costs of $353 and $365) 34,647,000 34,635,000
Total borrowings 304,297,000 335,474,000
Other liabilities 85,663,000 96,958,000
Total liabilities 6,860,634,000 6,844,685,000
Commitments and contingencies 0 0
Stockholders' equity    
Preferred stock, $.01 par value, authorized: 1,000,000 shares, outstanding: none 0 0
Common stock, $.01 par value, authorized: 75,000,000 shares, issued and outstanding: 27,046,768 shares at March 31, 2017 and 27,005,813 shares at December 31, 2016 (includes 191,181 and 212,698 shares of unvested participating restricted stock awards, respectively) 269,000 268,000
Value of shares held in rabbi trust at cost: 161,156 shares at March 31, 2017 and 170,036 shares at December 31, 2016 (4,330,000) (4,277,000)
Deferred compensation and other retirement benefit obligations 4,330,000 4,277,000
Additional paid in capital 452,048,000 451,664,000
Retained earnings 425,802,000 414,095,000
Accumulated other comprehensive loss, net of tax (639,000) (1,337,000)
Total stockholders’ equity 877,480,000 864,690,000
Total liabilities and stockholders' equity $ 7,738,114,000 $ 7,709,375,000