Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 69,786 $ 58,951
Interest-bearing deposits in other banks 26,556 1,449
Money market investments 155 158
Federal funds sold 162 595
Total cash and cash equivalents 96,659 61,153
Securities available for sale, at fair value 640,827 572,441
Loans held for sale 74,823 73,974
Loans, net of unearned income 2,818,583 2,837,253
Less allowance for loan losses 39,470 38,406
Net loans 2,779,113 2,798,847
Bank premises and equipment, net 90,589 90,680
Other real estate owned 32,263 36,122
Core deposit intangibles, net 20,714 26,827
Goodwill 59,400 57,567
Other assets 112,699 119,636
Total assets 3,907,087 3,837,247
LIABILITIES    
Noninterest-bearing demand deposits 534,535 484,867
Interest-bearing deposits:    
NOW accounts 412,605 381,512
Money market accounts 904,893 783,431
Savings accounts 179,157 153,724
Time deposits of $100,000 and over 511,614 563,375
Other time deposits 632,301 703,150
Total interest-bearing deposits 2,640,570 2,585,192
Total deposits 3,175,105 3,070,059
Securities sold under agreements to repurchase 62,995 69,467
Other short-term borrowings   23,500
Long-term borrowings 155,381 154,892
Trust preferred capital notes 60,310 60,310
Other liabilities 31,657 30,934
Total liabilities 3,485,448 3,409,162
Commitments and contingencies      
STOCKHOLDERS' EQUITY    
Preferred stock Series B, $10.00 par value, $1,000 liquidation preference, shares authorized 59,000; issued and outstanding, zero shares at December 31, 2011 and 35,595 shares at December 31, 2010   35,595
Common stock, $1.33 par value, shares authorized 36,000,000; issued and outstanding, 26,134,830 shares at December 31, 2011 and 26,004,197 shares at December 31, 2010 34,672 34,532
Surplus 187,493 185,763
Retained earnings 189,824 169,801
Discount on preferred stock   (1,177)
Accumulated other comprehensive income 9,650 3,571
Total stockholders' equity 421,639 428,085
Total liabilities and stockholders' equity $ 3,907,087 $ 3,837,247