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
Sep. 30, 2012
Dec. 31, 2011
Sep. 30, 2011
Cash and cash equivalents:      
Cash and due from banks $ 52,095 $ 64,412 $ 57,171
Interest-bearing deposits in other banks 10,081 31,930 92,247
Money market investments 1 155 199
Federal funds sold 157 162 160
Total cash and cash equivalents 62,334 96,659 149,777
Securities available for sale, at fair value 622,067 620,166 584,668
Restricted stock, at cost 20,687 20,661 21,817
Loans held for sale 141,965 74,823 61,786
Loans, net of unearned income 2,908,510 2,818,583 2,818,342
Less allowance for loan losses 39,894 39,470 41,290
Net loans 2,868,616 2,779,113 2,777,052
Bank premises and equipment, net 87,305 90,589 90,936
Other real estate owned, net of valuation allowance 34,440 32,263 34,464
Core deposit intangibles, net 16,966 20,714 22,162
Goodwill 59,400 59,400 59,400
Other assets 114,413 112,699 112,395
Total assets 4,028,193 3,907,087 3,914,457
LIABILITIES      
Noninterest-bearing demand deposits 604,274 534,535 542,692
Interest-bearing deposits:      
NOW accounts 418,988 412,605 395,822
Money market accounts 898,625 904,893 858,426
Savings accounts 204,317 179,157 176,531
Time deposits of $100,000 and over 534,797 551,349 561,303
Other time deposits 538,778 592,566 600,102
Total interest-bearing deposits 2,595,505 2,640,570 2,592,184
Total deposits 3,199,779 3,175,105 3,134,876
Securities sold under agreements to repurchase 94,616 62,995 70,450
Other short-term borrowings 59,500     
Trust preferred capital note 60,310 60,310 60,310
Long-term borrowings 136,260 155,381 155,258
Other liabilities 34,779 31,657 41,982
Total liabilities 3,585,244 3,485,448 3,462,876
STOCKHOLDERS' EQUITY      
Preferred stock, $10.00 par value, $1,000 liquidation value, shares authorized 500,000; issued and outstanding, 35,595 shares at September 30, 2011 and zero at December 31, 2011 and September 30, 2012.     35,595
Common stock, $1.33 par value, shares authorized 36,000,000; issued and outstanding, 25,967,705 shares, 26,134,830 shares, and 26,057,500 shares, respectively. 34,433 34,672 34,581
Surplus 186,224 187,493 186,505
Retained earnings 209,308 189,824 184,845
Discount on preferred stock     (982)
Accumulated other comprehensive income 12,984 9,650 11,037
Total stockholders' equity 442,949 421,639 451,581
Total liabilities and stockholders' equity $ 4,028,193 $ 3,907,087 $ 3,914,457