Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Cash and cash equivalents:    
Cash and due from banks $ 25,666 $ 28,392
Interest bearing deposits in other banks 62,696 74,758
Federal funds sold and securities purchased under agreements to resell 6,622 6,343
Money market mutual funds 18,550 11,000
Total cash and cash equivalents 113,534 120,493
Investment securities:    
Available for sale, amortized cost of $486,038 (2016) and $577,248 (2015) 480,864 582,202
Held to maturity, fair value of $3,597 (2016) and $3,809 (2015) 3,488 3,611
Total investment securities 484,352 585,813
Loans, net of unearned income 970,975 959,275
Allowance for loan losses (9,344) (10,315)
Loans, net 961,631 948,960
Premises and equipment, net 31,900 33,112
Company-owned life insurance 30,914 30,269
Other Real Estate Owned 10,673 21,843
Other assets 38,026 35,460
Total assets 1,671,030 1,775,950
Deposits:    
Noninterest Bearing 334,676 313,969
Interest bearing 1,035,231 1,055,025
Total deposits 1,369,907 1,368,994
Federal funds purchased and short-term securities sold under agreements to repurchase 35,085 34,353
Securities sold under agreements to repurchase and other long-term borrowings 19,931 120,280
Subordinated notes payable 33,506 48,970
Dividends payable, common stock 751
Other liabilities 27,784 27,655
Total liabilities 1,486,964 1,600,252
Commitments and contingencies (Notes 15 and 17)
Shareholders’ Equity    
Common stock, par value $.125 per share; 14,608,000 shares authorized; 7,509,444 and 7,499,748 shares issued and outstanding at December 31, 2016 and 2015, respectively 939 937
Capital surplus 51,885 51,608
Retained earnings 134,650 120,371
Accumulated other comprehensive (loss) income (3,408) 2,782
Total shareholders’ equity 184,066 175,698
Total liabilities and shareholders’ equity $ 1,671,030 $ 1,775,950