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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
ASSETS      
Cash and due from banks $ 9,294 $ 4,262 [1] $ 4,161
Interest bearing deposits with other banks 44,242 42,354 [1] 8,897
Cash and cash equivalents 53,536 46,616 [1] 13,058
Securities available for sale 336,811 266,542 [1] 261,633
Other investments 13,991 12,942 [1] 12,233
Loans held for sale 1,054 176 [1] 245
Loans, net 1,538,083 1,307,862 [1] 1,166,723
Property held for sale 23,592 24,504 [1] 23,425
Premises and equipment, net 33,234 23,737 [1] 21,405
Accrued interest receivable 7,570 6,167 [1] 5,352
Goodwill and other intangible assets 28,214 13,652 [1] 7,398
Cash surrender value of life insurance policies 41,189 39,143 [1] 38,246
Other assets 18,026 17,306 [1] 15,463
Total assets 2,095,300 1,758,647 [1] 1,565,181
Deposits      
Non interest bearing 234,173 149,737 [1] 120,845
Interest bearing 1,379,746 1,145,782 [1] 975,700
Total deposits 1,613,919 1,295,519 [1] 1,096,545
Short-term borrowings 205,728 224,461 [1] 205,553
Long-term borrowings 45,759 46,670 [1] 74,625
Subordinated debentures owed to unconsolidated subsidiary trusts 19,589 19,589 [1] 19,589
Other liabilities 17,173 17,048 [1] 18,200
Total liabilities 1,902,168 1,603,287 [1] 1,414,512
Commitments and Contingencies [1]
Shareholders' Equity      
Preferred Stock, Value, Issued 0 0 0
Common stock and related surplus, $2.50 par value; authorized 20,000,000 shares; issued: 2017 - 12,426,554 shares, December 2016 - 10,883,509 shares and June 2016 - 10,856,356 shares; outstanding: 2017 - 12,299,726 shares, December 2016 - 10,736,970 shares and June 2016 - 10,692,320 shares 80,230 46,757 [1] 45,967
Unallocated common stock held by Employee Stock Ownership Plan 2017 - 126,828 shares, December 2016 - 146,539 shares and June 2016 - 164,036 (1,370) (1,583) (1,772)
Retained earnings 114,578 113,448 [1] 106,594
Accumulated other comprehensive loss (306) (3,262) [1] (120)
Total shareholders' equity 193,132 155,360 [1] 150,669
Total liabilities and shareholders' equity $ 2,095,300 $ 1,758,647 [1] $ 1,565,181
[1] Derived from audited consolidated financial statements