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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 136,815 $ 102,755
Securities available for sale, at fair value 395,441 445,677
Securities held to maturity, at amortized cost (fair value of $390,486 and $439,581, respectively) 386,305 446,581
Loans held for sale 6,398 2,868
Loans (net of allowance for loan losses of $31,668 and $33,914, respectively) 3,124,752 3,052,684
Company owned life insurance 68,433 67,116
Premises and equipment, net 41,387 42,839
Goodwill and other intangible assets, net 75,225 76,173
Other assets 97,981 75,005
Total assets 4,332,737 4,311,698
Deposits:    
Noninterest-bearing demand 755,296 755,460
Interest-bearing demand 707,153 622,482
Savings and money market 1,011,873 968,897
Time deposits 1,111,892 1,020,068
Total deposits 3,586,214 3,366,907
Short-term borrowings 211,400 469,500
Long-term borrowings, net of issuance costs of $745 and $798, respectively 39,255 39,202
Other liabilities 63,251 39,796
Total liabilities 3,900,120 3,915,405
Shareholders’ equity:    
Total preferred equity 17,328 17,328
Common stock, $0.01 par value; 50,000,000 shares authorized; 16,099,556 and 16,056,178 shares issued, respectively 161 161
Additional paid-in capital 124,322 122,704
Retained earnings 304,622 279,867
Accumulated other comprehensive loss (11,734) (21,281)
Treasury stock, at cost – 103,198 and 127,580 shares, respectively (2,082) (2,486)
Total shareholders’ equity 432,617 396,293
Total liabilities and shareholders’ equity 4,332,737 4,311,698
Series A 3% Preferred Stock [Member]    
Shareholders’ equity:    
Total preferred equity 143 143
Series B-1 8.48% Preferred Stock [Member]    
Shareholders’ equity:    
Total preferred equity $ 17,185 $ 17,185