Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Jun. 30, 2012
Cash and cash equivalents:      
Cash and due from banks $ 59,867 $ 71,426 $ 57,245
Interest-bearing deposits in other banks 11,526 11,320 14,975
Money market investments 1 1 1
Federal funds sold 153 155 163
Total cash and cash equivalents 71,547 82,902 72,384
Securities available for sale, at fair value 582,312 585,382 627,543
Restricted stock, at cost 17,956 20,687 19,291
Loans held for sale 109,395 167,698 100,066
Loans, net of unearned income 3,000,855 2,966,847 2,887,790
Less allowance for loan losses 34,333 34,916 40,985
Net loans 2,966,522 2,931,931 2,846,805
Bank premises and equipment, net 82,857 85,409 91,122
Other real estate owned, net of valuation allowance 35,153 32,834 35,802
Core deposit intangibles, net 13,821 15,778 18,178
Goodwill 59,400 59,400 59,400
Other assets 117,594 113,844 111,697
Total assets 4,056,557 4,095,865 3,982,288
LIABILITIES      
Noninterest-bearing demand deposits 668,303 645,901 591,757
Interest-bearing deposits:      
NOW accounts 456,459 454,150 425,188
Money market accounts 953,978 957,130 905,739
Savings accounts 225,821 207,846 198,728
Time deposits of $100,000 and over 468,263 508,630 534,682
Other time deposits 493,139 524,110 562,892
Total interest-bearing deposits 2,597,660 2,651,866 2,627,229
Total deposits 3,265,963 3,297,767 3,218,986
Securities sold under agreements to repurchase 101,418 54,270 75,394
Other short-term borrowings 28,000 78,000  
Trust preferred capital notes 60,310 60,310 60,310
Long-term borrowings 137,919 136,815 155,625
Other liabilities 34,518 32,840 38,537
Total liabilities 3,628,128 3,660,002 3,548,852
Commitments and contingencies         
STOCKHOLDERS' EQUITY      
Common stock, $1.33 par value, shares authorized 36,000,000; issued and outstanding, 24,880,403 shares, 25,270,970 shares, and 25,952,035 shares, respectively. 32,901 33,510 34,415
Surplus 168,600 176,635 185,733
Retained earnings 227,563 215,634 202,278
Accumulated other comprehensive (loss) income (635) 10,084 11,010
Total stockholders' equity 428,429 435,863 433,436
Total liabilities and stockholders' equity $ 4,056,557 $ 4,095,865 $ 3,982,288