Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited)

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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and Due From Banks $ 75,155,000 $ 60,087,000
Federal Funds Sold and Interest Bearing Deposits 513,273,000 318,336,000
Total Cash and Cash Equivalents 588,428,000 378,423,000
Investment Securities, Available for Sale, at fair value 341,180,000 403,601,000
Investment Securities, Held to Maturity, (fair value of $238,499 and $241,429 232,178,000 239,539,000
Total Investment Securities 573,358,000 643,140,000
Loans held for sale, at fair value 76,610,000 9,509,000
Loans Held for Investment, Net 2,022,177,000 1,835,929,000
Allowance for Credit Losses (22,457,000) (13,905,000)
Loans Held for Investment, Net 1,999,720,000 1,822,024,000
Premises and Equipment, Net 87,972,000 84,543,000
Goodwill 89,095,000 84,811,000
Other Real Estate Owned 1,059,000 953,000
Other assets 83,282,000 65,550,000
Total Assets 3,499,524,000 3,088,953,000
Deposits:    
Noninterest Bearing Deposits 1,377,032,000 1,044,699,000
Interest Bearing Deposits 1,577,964,000 1,600,755,000
Total Deposits 2,954,996,000 2,645,454,000
Short-Term Borrowings 63,958,000 6,404,000
Subordinated Notes Payable 52,887,000 52,887,000
Other Long-Term Borrowings 5,583,000 6,514,000
Other liabilities 75,702,000 50,678,000
Total Liabilities 3,153,126,000 2,761,937,000
Temporary Equity 11,341,000 0
SHAREOWNERS' EQUITY    
Preferred Stock, $.01 par value;3,000,000 shares authorized; no shares issued and outstanding 0 0
Common Stock, $.01 par value; 90,000,000 shares authorized; 16,780,276 and 16,771,544 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 168,000 168,000
Additional Paid-In Capital 31,575,000 32,092,000
Retained Earnings 328,570,000 322,937,000
Accumulated Other Comprehensive Loss, Net of Tax (25,256,000) (28,181,000)
Total Shareowners' Equity 335,057,000 327,016,000
Total Liabilities and Shareowners' Equity $ 3,499,524,000 $ 3,088,953,000