Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and Due From Banks $ 51,288 $ 55,467
Federal Funds Sold and Interest Bearing Deposits 327,617 329,589
Total Cash and Cash Equivalents 378,905 385,056
Investment Securities, Available for Sale, at fair value 451,028 341,548
Investment Securities, Held to Maturity, at amortized cost (fair value of $187,407 and $163,412) 187,892 163,581
Total Investment Securities 638,920 505,129
Loans Held For Sale 11,632 10,688
Loans, Net of Unearned Income 1,492,275 1,431,374
Allowance for Loan Losses (13,953) (17,539)
Loans, Net 1,478,322 1,413,835
Premises and Equipment, Net 98,819 101,899
Goodwill 84,811 84,811
Other Real Estate Owned 19,290 35,680
Other Assets 87,161 90,071
Total Assets 2,797,860 2,627,169
Deposits:    
Noninterest Bearing Deposits 758,283 659,115
Interest Bearing Deposits 1,544,566 1,487,679
Total Deposits 2,302,849 2,146,794
Short-Term Borrowings 61,058 49,425
Subordinated Notes Payable 62,887 62,887
Other Long-Term Borrowings 28,265 31,097
Other Liabilities 68,449 64,426
Total Liabilities $ 2,523,508 $ 2,354,629
SHAREOWNERS' EQUITY    
Preferred Stock, $.01 par value; 3,000,000 shares authorized; no shares issued and outstanding
Common Stock, $.01 par value; 90,000,000 shares authorized; 17,156,919 and 17,447,223 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively $ 172 $ 174
Additional Paid-In Capital 38,256 42,569
Retained Earnings 258,181 251,306
Accumulated Other Comprehensive Loss, Net of Tax (22,257) (21,509)
Total Shareowners' Equity 274,352 272,540
Total Liabilities and Shareowners' Equity $ 2,797,860 $ 2,627,169