Annual report pursuant to Section 13 and 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Cash and cash equivalents:    
Cash and due from banks $ 66,090 $ 71,426
Interest-bearing deposits in other banks 6,781 11,320
Money market investments 1 1
Federal funds sold 151 155
Total cash and cash equivalents 73,023 82,902
Securities available for sale, at fair value 677,348 585,382
Restricted stock, at cost 26,036 20,687
Loans held for sale 53,185 167,698
Loans, net of unearned income 3,039,368 2,966,847
Less allowance for loan losses 30,135 34,916
Net loans 3,009,233 2,931,931
Bank premises and equipment, net 82,815 85,409
Other real estate owned, net of valuation allowance 34,116 32,834
Core deposit intangibles, net 11,980 15,778
Goodwill 59,400 59,400
Other assets 149,435 113,844
Total assets 4,176,571 4,095,865
LIABILITIES    
Noninterest-bearing demand deposits 691,674 645,901
Interest-bearing deposits:    
NOW accounts 498,068 454,150
Money market accounts 940,215 957,130
Savings accounts 235,034 207,846
Time deposits of $100,000 and over 427,597 508,630
Other time deposits 444,254 524,110
Total interest-bearing deposits 2,545,168 2,651,866
Total deposits 3,236,842 3,297,767
Securities sold under agreements to repurchase 52,455 54,270
Other short-term borrowings 211,500 78,000
Trust preferred capital notes 60,310 60,310
Long-term borrowings 139,049 136,815
Other liabilities 38,176 32,840
Total liabilities 3,738,332 3,660,002
Commitments and contingencies      
STOCKHOLDERS' EQUITY    
Common stock, $1.33 par value, shares authorized 36,000,000; issued and outstanding, 24,976,434 shares and 25,270,970 shares, respectively. 33,020 33,510
Surplus 170,770 176,635
Retained earnings 236,639 215,634
Accumulated other comprehensive (loss) income (2,190) 10,084
Total stockholders' equity 438,239 435,863
Total liabilities and stockholders' equity $ 4,176,571 $ 4,095,865