Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and Due From Banks $ 58,419,000 $ 48,268,000
Federal Funds Sold and Interest Bearing Deposits 227,023,000 247,779,000
Total Cash and Cash Equivalents 285,442,000 296,047,000
Investment Securities, Available for Sale, at fair value 480,911,000 522,734,000
Investment Securities, Held to Maturity, at amortized cost (fair value of $215,007 and $176,746) 216,679,000 177,365,000
Total Investment Securities 697,590,000 700,099,000
Loans Held For Sale 4,817,000 10,886,000
Loans, Net of Unearned Income 1,653,492,000 1,561,289,000
Allowance for Loan Losses (13,307,000) (13,431,000)
Loans, Net 1,640,185,000 1,547,858,000
Premises and Equipment, Net 91,698,000 95,476,000
Goodwill 84,811,000 84,811,000
Other Real Estate Owned 3,941,000 10,638,000
Other Assets 90,310,000 99,382,000
Total Assets 2,898,794,000 2,845,197,000
Deposits:    
Noninterest Bearing Deposits 874,583,000 791,182,000
Interest Bearing Deposits 1,595,294,000 1,621,104,000
Total Deposits 2,469,877,000 2,412,286,000
Short-Term Borrowings 7,480,000 12,749,000
Subordinated Notes Payable 52,887,000 52,887,000
Other Long-Term Borrowings 13,967,000 14,881,000
Other Liabilities 70,373,000 77,226,000
Total Liabilities 2,614,584,000 2,570,029,000
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; 16,988,951 and 16,844,698 shares issued and outstanding at December 31, 2017 and December 31, 2016, respectively 170,000 168,000
Additional Paid-In Capital 36,674,000 34,188,000
Retained Earnings 279,410,000 267,037,000
Accumulated Other Comprehensive Loss, Net of Tax (32,044,000) (26,225,000)
Total Shareowners' Equity 284,210,000 275,168,000
Total Liabilities and Shareowners' Equity $ 2,898,794,000 $ 2,845,197,000