Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

 v2.3.0.11
Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
ASSETS      
Cash and due from banks $ 61,465 $ 58,951 $ 56,385
Interest-bearing deposits in other banks 1,583 1,449 77,375
Money market investments 27 158 177
Other interest-bearing deposits     1
Federal funds sold 159 595 1,796
Total cash and cash equivalents 63,234 61,153 135,734
Securities available for sale, at fair value 591,060 572,441 556,926
Loans held for sale 50,420 73,974 74,722
Loans, net of unearned income 2,859,569 2,837,253 2,819,651
Less allowance for loan losses 39,631 38,406 33,956
Net loans 2,819,938 2,798,847 2,785,695
Bank premises and equipment, net 91,601 90,680 92,010
Other real estate owned 36,935 36,122 28,394
Core deposit intangibles, net 23,658 26,827 30,698
Goodwill 59,400 57,567 57,567
Other assets 115,278 119,636 112,453
Total assets 3,851,524 3,837,247 3,874,199
LIABILITIES      
Noninterest-bearing demand deposits 520,511 484,867 514,301
Interest-bearing deposits:      
NOW accounts 378,511 381,512 352,060
Money market accounts 842,135 783,431 746,529
Savings accounts 175,709 153,724 151,050
Time deposits of $100,000 and over 505,993 563,375 589,213
Other time deposits 660,194 703,150 742,321
Total interest-bearing deposits 2,562,542 2,585,192 2,581,173
Total deposits 3,083,053 3,070,059 3,095,474
Securities sold under agreements to repurchase 77,324 69,467 77,829
Other short-term borrowings 2,900 23,500 35,000
Trust preferred capital notes 60,310 60,310 60,310
Long-term borrowings 155,136 154,892 155,082
Other liabilities 29,685 30,934 28,197
Total liabilities 3,408,408 3,409,162 3,451,892
Commitments and contingencies      
STOCKHOLDERS' EQUITY      
Preferred stock, $10.00 par value, $1,000 liquidation value, shares authorized 500,000; issued and outstanding, 35,595 shares for all periods. 35,595 35,595 35,595
Common stock, $1.33 par value, shares authorized 36,000,000; issued and outstanding, 26,043,633 shares, 26,004,197 shares, and 25,933,516 shares, respectively. 34,569 34,532 34,451
Surplus 186,177 185,763 184,681
Retained earnings 178,125 169,801 161,726
Discount on preferred stock (1,048) (1,177) (1,302)
Accumulated other comprehensive income 9,698 3,571 7,156
Total stockholders' equity 443,116 428,085 422,307
Total liabilities and stockholders' equity $ 3,851,524 $ 3,837,247 $ 3,874,199