|
Consolidated Statements Of Condition (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2014
|
Dec. 31, 2013
|
| ASSETS |
|
|
| Cash and due from banks |
$ 60,813 |
$ 51,355 |
| Securities |
|
|
| Available-for-sale securities, at fair value |
763,063 |
808,477 |
| Held-to-maturity securities, at amortized cost |
20,179 |
0 |
| Federal Home Loan Bank and Federal Reserve Bank stock, at cost |
20,391 |
19,724 |
| Total securities |
803,633 |
828,201 |
| Trading account assets |
2,457 |
2,488 |
| Loans |
1,772,610 |
1,580,402 |
| Less: allowance for loan losses |
(21,116) |
(21,590) |
| Net loans |
1,751,494 |
1,558,812 |
| Bank-owned life insurance |
57,800 |
46,363 |
| Goodwill and other intangible assets |
48,171 |
49,319 |
| Premises and equipment, net |
23,886 |
25,727 |
| Deferred tax asset |
14,434 |
16,047 |
| Interest receivable |
6,017 |
5,808 |
| Other real estate owned |
1,587 |
2,195 |
| Other assets |
19,561 |
17,514 |
| Total assets |
2,789,853 |
2,603,829 |
| Deposits |
|
|
| Demand |
263,013 |
241,866 |
| Interest checking |
480,521 |
453,909 |
| Savings and money market |
653,708 |
675,679 |
| Retail certificates of deposit |
317,123 |
343,034 |
| Brokered deposits |
217,732 |
99,336 |
| Total deposits |
1,932,097 |
1,813,824 |
| Federal Home Loan Bank advances |
56,039 |
56,112 |
| Other borrowed funds |
476,939 |
430,058 |
| Junior subordinated debentures |
44,024 |
43,922 |
| Accrued interest and other liabilities |
35,645 |
28,817 |
| Total liabilities |
2,544,744 |
2,372,733 |
| Commitments and Contingencies |
|
|
| Shareholders' Equity |
|
|
| Common stock, no par value: authorized 20,000,000 shares, issued and outstanding 7,426,222 and 7,579,913 shares on December 31, 2014 and 2013, respectively |
41,555 |
47,783 |
| Retained earnings |
211,979 |
195,660 |
| Accumulated other comprehensive income (loss) |
|
|
| Net unrealized losses on available-for-sale securities, net of tax |
(319) |
(7,964) |
| Net unrealized losses on derivative instruments, at fair value, net of tax |
(5,943) |
(2,542) |
| Net unrecognized losses on postretirement plans, net of tax |
(2,163) |
(1,841) |
| Total accumulated other comprehensive loss |
(8,425) |
(12,347) |
| Total shareholders’ equity |
245,109 |
231,096 |
| Total liabilities and shareholders’ equity |
$ 2,789,853 |
$ 2,603,829 |