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 ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and Due From Banks $ 72,676 $ 60,087
Federal Funds Sold and Interest Bearing Deposits 196,936 318,336
Total Cash and Cash Equivalents 269,612 378,423
Investment Securities, Available for Sale, at fair value 382,514 403,601
Investment Securities, Held to Maturity, (fair value of $257,929 and $241,429) 251,792 239,539
Total Investment Securities 634,306 643,140
Loans held for sale, at fair value 82,598 9,509
Loans Held for Investment, Net 1,862,387 1,835,929
Loans Held for Investment, Net 1,841,304 1,822,024
Premises and Equipment, Net 87,684 84,543
Goodwill 89,275 84,811
Other Real Estate Owned 1,463 953
Other assets 80,281 65,550
Total Assets 3,086,523 3,088,953
Deposits:    
Noninterest Bearing Deposits 1,066,607 1,044,699
Interest Bearing Deposits 1,478,978 1,600,755
Total Deposits 2,545,585 2,645,454
Short-Term Borrowings 76,516 6,404
Subordinated Notes Payable 52,887 52,887
Other Long-Term Borrowings 5,896 6,514
Other liabilities 70,044 50,678
Total Liabilities 2,750,928 2,761,937
Temporary Equity 7,088 0
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; 16,811,781 and 16,771,544 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 168 168
Additional Paid-In Capital 32,100 32,092
Retained Earnings 321,772 322,937
Accumulated Other Comprehensive Loss, Net of Tax (25,533) (28,181)
Total Shareowners' Equity 328,507 327,016
Total Liabilities and Shareowners' Equity $ 3,086,523 $ 3,088,953