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, 2012
Dec. 31, 2011
Jun. 30, 2011
Cash and cash equivalents:      
Cash and due from banks $ 57,245 $ 69,786 $ 61,465
Interest-bearing deposits in other banks 14,975 26,556 1,583
Money market investments 1 155 27
Federal funds sold 163 162 159
Total cash and cash equivalents 72,384 96,659 63,234
Securities available for sale, at fair value 627,543 620,166 568,177
Restricted stock, at cost 19,291 20,661 22,883
Loans held for sale 100,066 74,823 50,420
Loans, net of unearned income 2,887,790 2,818,583 2,859,569
Less allowance for loan losses 40,985 39,470 39,631
Net loans 2,846,805 2,779,113 2,819,938
Bank premises and equipment, net 91,122 90,589 91,601
Other real estate owned, net of valuation allowance 35,802 32,263 36,935
Core deposit intangibles, net 18,178 20,714 23,658
Goodwill 59,400 59,400 59,400
Other assets 111,697 112,699 115,278
Total assets 3,982,288 3,907,087 3,851,524
LIABILITIES      
Noninterest-bearing demand deposits 591,757 534,535 520,511
Interest-bearing deposits:      
NOW accounts 425,188 412,605 378,511
Money market accounts 905,739 904,893 842,135
Savings accounts 198,728 179,157 175,709
Time deposits of $100,000 and over 534,682 511,614 505,993
Other time deposits 562,892 632,301 660,194
Total interest-bearing deposits 2,627,229 2,640,570 2,562,542
Total deposits 3,218,986 3,175,105 3,083,053
Securities sold under agreements to repurchase 75,394 62,995 77,324
Other short-term borrowings     2,900
Trust preferred capital note 60,310 60,310 60,310
Long-term borrowings 155,625 155,381 155,136
Other liabilities 38,537 31,657 29,685
Total liabilities 3,548,852 3,485,448 3,408,408
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 at June 30, 2011 and zero at December 31, 2011 and June 30, 2012.     35,595
Common stock, $1.33 par value, shares authorized 36,000,000; issued and outstanding, 25,952,035 shares, 26,134,830 shares, and 26,043,633 shares, respectively. 34,415 34,672 34,569
Surplus 185,733 187,493 186,177
Retained earnings 202,278 189,824 178,125
Discount on preferred stock     (1,048)
Accumulated other comprehensive income 11,010 9,650 9,698
Total stockholders' equity 433,436 421,639 443,116
Total liabilities and stockholders' equity $ 3,982,288 $ 3,907,087 $ 3,851,524