Cass Information Systems, Inc(NASDAQ:CASS) 
Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Information Services and Banking Services. The company's services include freight invoice rating, payment...
Website: http://www.cassinfo.com
Founded: 1906
Full Time Employees: 875
Sector: Industrials
Industry: Specialty Business Services
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At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2012-12-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
fee revenue and other income: | |||||||||||||||||||||||||||||||
processing fees | 15,728,000 | 16,469,000 | 20,262,000 | 20,053,000 | 21,103,000 | 21,253,000 | 20,728,000 | 19,939,000 | 19,386,000 | 19,513,000 | |||||||||||||||||||||
financial fees | 10,431,000 | 9,961,000 | 10,715,000 | 11,177,000 | 10,628,000 | 10,777,000 | 11,467,000 | 11,597,000 | 11,662,000 | 11,259,000 | |||||||||||||||||||||
gain on sale of investment securities | 5,000 | ||||||||||||||||||||||||||||||
other | 1,782,000 | 1,608,000 | 1,723,000 | 1,562,000 | 1,329,000 | 1,267,000 | 1,292,000 | 1,264,000 | 1,025,000 | 1,335,000 | 249,000 | 168,000 | 112,000 | 417,000 | 115,000 | 115,000 | 115,000 | 113,000 | 133,000 | 339,000 | 134,000 | 133,000 | 552,585 | 139 | 137,000 | 139,000 | |||||
total fee revenue and other income | 27,946,000 | 28,038,000 | 32,700,000 | 32,792,000 | 33,060,000 | 33,297,000 | 33,487,000 | 32,800,000 | 32,073,000 | 32,107,000 | 28,952,000 | 27,577,000 | 26,987,000 | 26,175,000 | 25,240,000 | 24,932,000 | 23,174,000 | 27,095,000 | 15,762,000 | 16,447,000 | 15,783,000 | 14,832,000 | 56,104,406 | 14,401 | 13,968,000 | 13,225,000 | |||||
interest income: | |||||||||||||||||||||||||||||||
interest and fees on loans | 15,277,000 | 15,350,000 | 14,427,000 | 14,567,000 | 13,592,000 | 12,776,000 | 12,796,000 | 12,863,000 | 12,931,000 | 12,235,000 | 8,908,000 | 8,987,000 | 8,696,000 | 8,587,000 | 10,299,000 | 9,067,000 | 9,298,000 | 9,001,000 | 9,306,000 | 9,827,000 | 10,129,000 | 10,253,000 | 39,755,520 | 10,182 | 9,871,000 | 9,427,000 | |||||
interest and dividends on investment securities: | |||||||||||||||||||||||||||||||
taxable | 5,595,000 | 3,515,000 | 3,305,000 | 3,114,000 | 3,485,000 | 3,519,000 | 3,416,000 | 3,428,000 | 3,688,000 | 3,586,000 | 1,160,000 | 731,000 | 458,000 | 198,000 | 286,000 | 373,000 | 473,000 | 560,000 | 17,000 | 6,000 | 13,000 | 5,000 | 42,972 | 3 | 11,000 | 14,000 | |||||
exempt from federal income taxes | 1,400,000 | 632,000 | 799,000 | 893,000 | 898,000 | 918,000 | 936,000 | 964,000 | 989,000 | 1,208,000 | 1,715,000 | 1,760,000 | 1,832,000 | 1,739,000 | 1,747,000 | 1,753,000 | 1,785,000 | 1,819,000 | 2,543,000 | 2,475,000 | 2,498,000 | 2,477,000 | 8,697,597 | 2,154 | 2,151,000 | 2,098,000 | |||||
interest on federal funds sold and other short-term investments | 2,832,000 | 3,893,000 | 3,844,000 | 4,200,000 | 3,267,000 | 4,441,000 | 4,573,000 | 3,934,000 | 2,100,000 | 3,113,000 | 211,000 | 241,000 | 122,000 | 152,000 | 96,000 | 86,000 | 86,000 | 958,000 | 169,000 | 513,663 | 150 | 98,000 | 89,000 | ||||||||
total interest income | 25,104,000 | 23,390,000 | 22,375,000 | 22,774,000 | 21,242,000 | 21,654,000 | 21,721,000 | 21,189,000 | 19,708,000 | 20,142,000 | 11,994,000 | 11,719,000 | 11,108,000 | 10,676,000 | 12,428,000 | 11,279,000 | 11,642,000 | 12,338,000 | 12,042,000 | 12,494,000 | 12,795,000 | 12,904,000 | 49,009,752 | 12,489 | 12,131,000 | 11,628,000 | |||||
interest expense: | |||||||||||||||||||||||||||||||
interest on deposits | 3,828,000 | 4,116,000 | 4,612,000 | 5,155,000 | 5,312,000 | 5,178,000 | 4,687,000 | 4,641,000 | 3,651,000 | 3,171,000 | 256,000 | 287,000 | 297,000 | 331,000 | 451,000 | 465,000 | 481,000 | 963,000 | 983,000 | 1,060,000 | 1,125,000 | 1,206,000 | 4,871,376 | 1,249 | 1,199,000 | 1,176,000 | |||||
interest on short-term borrowings | 60,000 | 1,000 | 43,000 | 73,000 | 2,000 | ||||||||||||||||||||||||||
total interest expense | 3,888,000 | 4,116,000 | 4,612,000 | 5,156,000 | 5,312,000 | 5,178,000 | 4,687,000 | 4,641,000 | 3,694,000 | 3,244,000 | 256,000 | 287,000 | 297,000 | 331,000 | 451,000 | 465,000 | 481,000 | 1,206,000 | 4,871,376 | 1,249 | 1,199,000 | 1,176,000 | |||||||||
net interest income | 21,216,000 | 19,274,000 | 17,763,000 | 17,618,000 | 15,930,000 | 16,476,000 | 17,034,000 | 16,548,000 | 16,014,000 | 16,898,000 | 11,738,000 | 11,432,000 | 10,811,000 | 10,345,000 | 11,977,000 | 10,814,000 | 11,161,000 | 11,373,000 | 11,059,000 | 11,434,000 | 11,670,000 | 11,698,000 | 44,138,376 | 11,240 | 10,932,000 | 10,452,000 | |||||
provision for credit losses | 61,000 | 905,000 | |||||||||||||||||||||||||||||
net interest income after provision for credit losses | 21,155,000 | 18,369,000 | 10,945,000 | ||||||||||||||||||||||||||||
total net revenue | 49,101,000 | 46,407,000 | 50,371,000 | 50,550,000 | 48,590,000 | 49,678,000 | 50,736,000 | 49,223,000 | 48,207,000 | 49,345,000 | 39,950,000 | 38,669,000 | 38,408,000 | 37,120,000 | 37,132,000 | 35,746,000 | 33,935,000 | 38,143,000 | 26,521,000 | 27,331,000 | 26,603,000 | 26,080,000 | 96,145,782 | 24,691 | 23,750,000 | 22,777,000 | |||||
yoy | -2.87% | -6.58% | -0.72% | 2.70% | 0.79% | 0.67% | 23.21% | 24.67% | 28.48% | 7.59% | 8.18% | 13.18% | -2.68% | 27.96% | 39.56% | -72.42% | 110592.16% | 12.01% | 14.50% | ||||||||||||
qoq | -7.87% | -0.35% | 4.03% | -2.19% | -2.09% | 3.07% | 2.11% | -2.31% | 3.31% | 0.68% | 3.47% | -0.03% | 3.88% | 5.34% | -11.03% | -2.96% | 2.74% | 2.01% | -72.87% | 389296.06% | -99.90% | 4.27% | |||||||||
operating expense: | |||||||||||||||||||||||||||||||
salaries and commissions | 19,268,000 | 21,165,000 | |||||||||||||||||||||||||||||
share-based compensation | 1,439,000 | 1,241,000 | |||||||||||||||||||||||||||||
employee profit sharing | 1,634,000 | ||||||||||||||||||||||||||||||
other benefits | 4,938,000 | 4,873,000 | |||||||||||||||||||||||||||||
total personnel expenses | 27,279,000 | 27,279,000 | |||||||||||||||||||||||||||||
occupancy | 681,000 | 721,000 | 869,000 | 890,000 | 826,000 | 861,000 | 890,000 | 908,000 | 907,000 | 855,000 | 965,000 | 953,000 | 959,000 | 947,000 | 930,000 | 930,000 | 938,000 | 941,000 | 532,000 | 581,000 | 557,000 | 648,000 | 2,483,159 | 658 | 611,000 | 572,000 | |||||
equipment | 2,432,000 | 2,294,000 | 2,329,000 | 2,107,000 | 1,988,000 | 1,881,000 | 1,950,000 | 1,789,000 | 1,749,000 | 2,082,000 | 1,717,000 | 1,700,000 | 1,653,000 | 1,675,000 | 1,668,000 | 1,648,000 | 1,617,000 | 1,635,000 | 944,000 | 886,000 | 848,000 | 847,000 | 3,558,299 | 887 | 916,000 | 898,000 | |||||
amortization of intangible assets | 293,000 | 293,000 | 183,000 | 183,000 | 182,000 | 191,000 | 195,000 | 195,000 | 195,000 | 195,000 | 215,000 | 215,000 | 214,000 | 215,000 | 215,000 | 215,000 | 214,000 | 215,000 | 27,000 | 26,000 | 27,000 | 27,000 | 106,920 | 26 | 27,000 | 27,000 | |||||
bad debt recovery | -2,000,000 | ||||||||||||||||||||||||||||||
other operating expense | 7,533,000 | 6,943,000 | 5,768,750 | 7,292,000 | 9,940,000 | 7,131,000 | 5,559,250 | 7,535,000 | 7,056,000 | 7,214,000 | 2,949,500 | 4,539,000 | 4,097,000 | 3,162,000 | 2,693,500 | 3,366,000 | 3,697,000 | 3,711,000 | |||||||||||||
total operating expense | 38,218,000 | 35,530,000 | 44,608,000 | 46,898,000 | 42,793,000 | 40,671,000 | 40,381,000 | 40,063,000 | 39,339,000 | 40,372,000 | 31,308,000 | 30,690,000 | 29,803,000 | 28,525,000 | 29,649,000 | 28,680,000 | 27,357,000 | 28,929,000 | 19,347,000 | 18,913,000 | 18,635,000 | 18,134,000 | 68,233,855 | 17,098 | 16,850,000 | 16,197,000 | |||||
income from continuing operations, before income tax expense | 10,883,000 | 10,877,000 | |||||||||||||||||||||||||||||
income tax expense | 2,144,000 | 2,326,000 | 1,169,000 | 714,000 | 1,313,000 | 1,855,000 | 1,945,000 | 1,766,000 | 1,730,000 | 1,856,000 | 940,000 | 1,174,000 | 1,579,000 | 1,524,000 | 1,072,000 | 1,285,000 | 1,139,000 | 1,669,000 | 1,683,000 | 2,358,000 | 2,229,000 | 2,227,000 | 7,617,156 | 2,013 | 2,000,000 | 1,831,000 | |||||
net income from continuing operations | 8,739,000 | 8,551,000 | |||||||||||||||||||||||||||||
income from discontinued operations, net of tax | 93,000 | 415,000 | |||||||||||||||||||||||||||||
net income | 8,832,000 | 8,966,000 | 4,594,000 | 2,938,000 | 4,484,000 | 7,152,000 | 8,410,000 | 7,394,000 | 7,138,000 | 7,117,000 | 7,702,000 | 6,805,000 | 7,026,000 | 7,071,000 | 6,411,000 | 5,781,000 | 5,439,000 | 7,545,000 | 5,491,000 | 6,060,000 | 5,739,000 | 5,719,000 | 20,294,771 | 5,580 | 4,900,000 | 4,749,000 | |||||
yoy | 200.61% | 25.36% | -45.37% | -60.27% | -37.18% | 0.49% | -4.00% | 4.89% | 1.30% | 20.14% | 17.71% | 29.18% | -6.28% | -0.95% | 24.50% | -72.94% | 108502.15% | 17.12% | 20.43% | ||||||||||||
qoq | 95.17% | 56.36% | -34.48% | -37.30% | -14.96% | 13.74% | 3.59% | 0.30% | 13.18% | -3.15% | -0.64% | 10.29% | 10.90% | 6.29% | -27.91% | -9.39% | 5.59% | 0.35% | -71.82% | 363605.57% | -99.89% | 3.18% | |||||||||
net income margin % | 17.99% | NaN% | 19.32% | 9.12% | 5.81% | 9.23% | 14.40% | 16.58% | 15.02% | 14.81% | 14.42% | 19.28% | 17.60% | 18.29% | 19.05% | 17.27% | 16.17% | 16.03% | 19.78% | 20.70% | 22.17% | 21.57% | 21.93% | 21.11% | 22.60% | 20.63% | 20.85% | ||||
basic earnings per share from continuing operations | 0.68 | 0.64 | |||||||||||||||||||||||||||||
basic earnings per share from discontinued operations | 0.01 | 0.03 | |||||||||||||||||||||||||||||
basic earnings per share | 0.69 | 0.67 | 0.34 | 0.22 | 0.33 | 0.53 | 0.62 | 0.55 | 0.53 | 0.52 | 0.56 | 0.48 | 0.49 | 0.49 | 0.44 | 0.4 | 0.38 | 0.52 | 0.36 | 0.65 | 0.61 | 0.61 | 0.55 | 0.6 | 0.52 | 0.51 | |||||
diluted earnings per share from continuing operations | 0.66 | 0.63 | |||||||||||||||||||||||||||||
diluted earnings per share from discontinued operations | 0.01 | 0.03 | |||||||||||||||||||||||||||||
diluted earnings per share | 0.67 | 0.66 | 0.33 | 0.21 | 0.32 | 0.52 | 0.62 | 0.54 | 0.52 | 0.51 | 0.55 | 0.48 | 0.48 | 0.49 | 0.44 | 0.4 | 0.37 | 0.52 | 0.36 | 0.64 | 0.61 | 0.6 | 0.54 | 0.59 | 0.52 | 0.5 | |||||
interest and dividends on securities: | |||||||||||||||||||||||||||||||
net periodic pension cost | |||||||||||||||||||||||||||||||
(release of) provision for credit losses | 88,750 | -140,000 | -120,000 | -340,000 | -600,000 | ||||||||||||||||||||||||||
net interest income after (release of) provision for credit losses | 12,417,250 | 17,758,000 | 16,134,000 | 17,238,000 | |||||||||||||||||||||||||||
personnel | 22,582,750 | 29,867,000 | 29,857,000 | 30,607,000 | 29,600,000 | 29,636,000 | 29,432,000 | 30,026,000 | 23,466,000 | 23,283,000 | 22,880,000 | 22,526,000 | 22,223,000 | 22,521,000 | 20,891,000 | ||||||||||||||||
bad debt expense | 6,559,000 | ||||||||||||||||||||||||||||||
income before income tax expense | 5,763,000 | 3,652,000 | 5,797,000 | 9,007,000 | 10,355,000 | 9,160,000 | 8,868,000 | 8,973,000 | 8,642,000 | 7,979,000 | 8,605,000 | 8,595,000 | 7,483,000 | 7,066,000 | 6,578,000 | 9,214,000 | 7,174,000 | 8,418,000 | 7,968,000 | 7,946,000 | 27,911,927 | 7,593 | 6,900,000 | 6,580,000 | |||||||
provision for (release of) credit losses | 400,000 | 95,000 | -83,750 | 125,000 | |||||||||||||||||||||||||||
net interest income after provision for (release of) credit losses | 15,530,000 | 16,381,000 | 12,448,750 | 16,423,000 | |||||||||||||||||||||||||||
information services payment and processing revenue | 28,014,000 | 26,877,000 | 26,348,000 | 25,216,000 | 24,664,000 | 24,376,000 | 22,661,000 | 25,503,000 | 15,316,000 | 15,806,000 | 15,219,000 | 14,347,000 | 54,142,827 | 13,895 | 13,533,000 | 12,745,000 | |||||||||||||||
bank service fees | 682,000 | 533,000 | 530,000 | 494,000 | 455,000 | 441,000 | 398,000 | 410,000 | 318,000 | 302,000 | 382,000 | 352,000 | 1,408,994 | 367 | 298,000 | 341,000 | |||||||||||||||
gains on sales of securities | 7,000 | -1,000 | -3,000 | 48,000 | 6,000 | 1,069,000 | -5,000 | 48,000 | |||||||||||||||||||||||
provision for (release of) credit losses / loan losses | -217,500 | 340,000 | |||||||||||||||||||||||||||||
net interest income after provision for (release of) credit losses / loan losses | 8,364,500 | 11,092,000 | |||||||||||||||||||||||||||||
(release of) provision for credit losses / loan losses | -610,000 | ||||||||||||||||||||||||||||||
net interest income after provision for credit losses / loan losses | 11,421,000 | ||||||||||||||||||||||||||||||
provision for loan losses | 181,250 | 400,000 | 325,000 | 4,097,000 | 950 | 1,150,000 | 900,000 | ||||||||||||||||||||||||
net interest income after provision for loan losses | 8,155,750 | 10,814,000 | 10,761,000 | 11,048,000 | 9,782,000 | 9,552,000 | |||||||||||||||||||||||||
salaries and employee benefits | 22,427,000 | 14,296,000 | 14,425,000 | 14,146,000 | 13,706,000 | 51,329,801 | 13,026 | 12,683,000 | 12,490,000 | ||||||||||||||||||||||
interest on federal funds sold and | |||||||||||||||||||||||||||||||
other short-term investments | 176,000 | 186,000 | 155,000 | ||||||||||||||||||||||||||||
benefit from loan losses | 462,500 | 550,000 | 850,000 | 450,000 | |||||||||||||||||||||||||||
net interest income after benefit from loan | |||||||||||||||||||||||||||||||
losses | 8,238,000 | 10,884,000 | 10,820,000 | ||||||||||||||||||||||||||||
other operating | 3,548,000 | 2,995,000 | 3,057,000 | 2,906,000 | 10,755,676 | 2,501 | 2,613,000 | 2,210,000 | |||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided | |||||||||||||||||||||||||||||||
by operating activities: | |||||||||||||||||||||||||||||||
depreciation and amortization | 3,295 | 2,228 | 1,091 | ||||||||||||||||||||||||||||
stock-based compensation expense | 1,043 | 700 | 350 | ||||||||||||||||||||||||||||
increase in income tax liability | 531 | 1,868 | |||||||||||||||||||||||||||||
increase in pension liability | 286 | 231 | 60 | ||||||||||||||||||||||||||||
other operating activities | -1,447 | -996 | -808 | ||||||||||||||||||||||||||||
net cash from operating activities | 23,028 | 14,638 | 8,730 | ||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||
proceeds from sales of securities available-for-sale | 5,405 | 5,405 | 501 | ||||||||||||||||||||||||||||
proceeds from maturities of securities available-for-sale | 10,185 | 7,680 | 5,385 | ||||||||||||||||||||||||||||
purchase of securities available-for-sale | -19,974 | -12,342 | -9,027 | ||||||||||||||||||||||||||||
net decrease (increase) in loans | 15,517 | ||||||||||||||||||||||||||||||
increase in payments in excess of funding | -30,222 | -23,394 | -7,931 | ||||||||||||||||||||||||||||
purchases of premises and equipment | -1,765 | -1,143 | -465 | ||||||||||||||||||||||||||||
net cash from investing activities | -20,854 | -33,910 | -12,490 | ||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||
net increase in noninterest-bearing demand deposits | 12,883 | 21,036 | 13,282 | ||||||||||||||||||||||||||||
net increase in interest-bearing demand and savings deposits | 31,804 | ||||||||||||||||||||||||||||||
net increase in time deposits | -13,485 | -11,942 | 1,946 | ||||||||||||||||||||||||||||
net increase in accounts and drafts payable | 167,132 | 84,499 | -1,952 | ||||||||||||||||||||||||||||
cash dividends paid | -4,519 | -3,011 | -1,505 | ||||||||||||||||||||||||||||
distribution of stock awards | -249 | -249 | -113 | ||||||||||||||||||||||||||||
other financing activities | 114 | 114 | |||||||||||||||||||||||||||||
net cash from financing activities | 193,680 | 84,475 | 3,488 | ||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 195,854 | 65,203 | -272 | ||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 138,929 | 138,929 | 138,929 | ||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 334,783 | 204,132 | 138,657 | ||||||||||||||||||||||||||||
supplemental information: | |||||||||||||||||||||||||||||||
cash paid for interest | 3,386 | 2,342 | 1,186 | ||||||||||||||||||||||||||||
cash paid for income taxes | 6,211 | 4,135 | 365 | ||||||||||||||||||||||||||||
decrease in income tax liability | -235 | ||||||||||||||||||||||||||||||
net increase in loans | -10,116 | -953 | |||||||||||||||||||||||||||||
net decrease in interest-bearing demand and savings deposits | -5,972 | -8,170 | |||||||||||||||||||||||||||||
net interest income after benefit from loan losses | 11,248,000 | 7,406 | 10,290 | ||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||
interest on subordinated convertible debentures |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 |
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assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and due from banks | 34,921,000 | 26,129,000 | 30,663,000 | 5,099,000 | 12,441,000 | 19,328,000 | 29,125,000 | 5,755,000 | 17,323,000 | 20,908,000 | 23,550,000 | 27,361,000 | 28,118,000 | 20,995,000 | 14,799,000 | 20,194,000 | 22,416,000 | 12,301,000 | 25,641,000 | 14,545,000 | 25,291,000 | 30,985,000 | 15,950,000 | 11,861,000 | 18,878,000 | 18,076,000 | 24,472,000 | 16,811,000 | 15,090,000 | 15,042,000 | 11,835,000 | 13,064,000 | 10,251,000 | 17,422,000 | 13,961,000 | 14,538,000 | 11,505,000 | 11,814,000 | 13,437,000 | 7,963,000 | 11,995,000 | 9,015,000 | 11,932,000 | 13,216,000 | 11,230,000 | 11,307,000 | 11,444,000 | 19,790,000 | 17,583,000 | 11,283,000 | 21,935,000 | 11,737,000 | 9,692,000 | 18,794,000 | 9,667,000 | 11,641,000 | 10,144,000 | 12,579,000 | 13,781,000 | 10,489,000 | 11,541,000 | 12,277,000 | 10,435 | 8,140,000 | 6,633,000 | 5,763,000 |
short-term investments | 209,422,000 | 366,139,000 | 227,971,000 | 213,066,000 | 208,233,000 | 330,400,000 | 201,431,000 | 217,972,000 | 175,480,000 | 351,560,000 | 384,885,000 | 243,112,000 | 182,360,000 | 179,947,000 | 332,195,000 | 241,040,000 | 169,033,000 | 502,627,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 244,343,000 | 392,268,000 | 258,634,000 | 218,165,000 | 220,674,000 | 349,728,000 | 230,556,000 | 223,727,000 | 192,803,000 | 372,468,000 | 408,435,000 | 270,473,000 | 210,478,000 | 200,942,000 | 346,994,000 | 261,234,000 | 191,449,000 | 514,928,000 | 500,309,000 | 621,581,000 | 599,659,000 | 670,528,000 | 439,451,000 | 232,139,000 | 163,194,000 | 203,954,000 | 222,738,000 | 183,513,000 | 184,354,000 | 230,933,000 | 180,047,000 | 126,203,000 | 199,582,000 | 228,110,000 | 242,098,000 | 301,060,000 | 143,570,000 | 266,743,000 | 303,103,000 | 274,133,000 | 145,346,000 | 253,172,000 | 226,082,000 | 158,611,000 | 208,515,000 | 294,335,000 | 238,662,000 | 181,723,000 | 199,161,000 | 225,262,000 | 240,307,000 | 269,853,000 | 166,367,000 | 141,088,000 | 219,806,000 | 156,662,000 | 159,116,000 | 235,962,000 | 334,783,000 | 204,132,000 | 138,657,000 | 138,929,000 | 209,468 | 153,685,000 | 110,794,000 | 79,294,000 |
investment securities available-for-sale, at fair value | 785,343,000 | 770,772,000 | 717,369,000 | 599,541,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans | 1,088,730,000 | 1,061,217,000 | 1,088,347,000 | 1,117,004,000 | 1,141,874,000 | 1,081,989,000 | 1,078,387,000 | 1,061,991,000 | 1,036,997,000 | 1,014,318,000 | 1,039,619,000 | 1,055,848,000 | 1,070,373,000 | 1,082,906,000 | 1,037,101,000 | 959,487,000 | 977,202,000 | 960,567,000 | 872,905,000 | 871,020,000 | 888,575,000 | 891,676,000 | 944,557,000 | 963,726,000 | 854,780,000 | 772,638,000 | 767,384,000 | 790,552,000 | 751,309,000 | 721,587,000 | 726,239,000 | 714,861,000 | 702,000,000 | 686,231,000 | 658,090,000 | 671,683,000 | 675,380,000 | 664,866,000 | 684,874,000 | 698,134,000 | 684,617,000 | 659,055,000 | 670,842,000 | 675,167,000 | 683,537,000 | 669,346,000 | 677,581,000 | 665,703,000 | 665,101,000 | 652,177,000 | 635,036,000 | 669,822,000 | 679,890,000 | 687,733,000 | 681,174,000 | 693,412,000 | 690,357,000 | 671,565,000 | 692,385,000 | 718,786,000 | 709,622,000 | 708,633,000 | 689,683 | 680,701,000 | 664,824,000 | 641,957,000 |
less: allowance for credit losses | 13,861,000 | 14,066,000 | 14,296,000 | 14,286,000 | 13,447,000 | 13,634,000 | 13,299,000 | 13,319,000 | 13,194,000 | 13,254,000 | 13,049,000 | 12,573,000 | 12,406,000 | 11,532,000 | 11,171,000 | 11,721,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
payments in advance of funding | 260,624,000 | 164,514,000 | 188,040,000 | 177,601,000 | 175,326,000 | 208,530,000 | 207,202,000 | 214,581,000 | 221,552,000 | 198,861,000 | 258,587,000 | 269,180,000 | 259,819,000 | 293,775,000 | 269,221,000 | 313,172,000 | 329,622,000 | 291,427,000 | 194,563,000 | |||||||||||||||||||||||||||||||||||||||||||||||
premises and equipment | 29,903,000 | 29,449,000 | 30,287,000 | 30,700,000 | 31,748,000 | 34,174,000 | 34,295,000 | 33,469,000 | 32,613,000 | 30,093,000 | 26,257,000 | 24,320,000 | 20,967,000 | 19,958,000 | 19,375,000 | 19,470,000 | 19,086,000 | 18,113,000 | 17,499,000 | 17,741,000 | 17,825,000 | 18,057,000 | 18,890,000 | 19,695,000 | 19,755,000 | 20,527,000 | 20,775,000 | 21,156,000 | 21,644,000 | 22,031,000 | 22,615,000 | 22,466,000 | 22,012,000 | 21,586,000 | 21,168,000 | 21,259,000 | 21,094,000 | 21,086,000 | 20,776,000 | 20,688,000 | 19,948,000 | 19,648,000 | 18,997,000 | 18,827,000 | 17,817,000 | 16,909,000 | 15,970,000 | 14,823,000 | 13,498,000 | 13,231,000 | 12,654,000 | 12,224,000 | 11,905,000 | 10,735,000 | 9,326,000 | 9,397,000 | 9,274,000 | 9,587,000 | 9,907,000 | 9,740,000 | 9,598,000 | 9,617,000 | 9,713 | 9,868,000 | 10,101,000 | 10,451,000 |
investment in bank-owned life insurance | 52,670,000 | 51,700,000 | 51,224,000 | 50,767,000 | 49,885,000 | 49,840,000 | 49,496,000 | 48,857,000 | 48,564,000 | 48,278,000 | 47,714,000 | 47,435,000 | 47,163,000 | 42,926,000 | 17,758,000 | 17,646,000 | 17,942,000 | 17,827,000 | 17,712,000 | 17,484,000 | 17,571,000 | 17,495,000 | 17,270,000 | 17,155,000 | 17,040,000 | 16,812,000 | 16,692,000 | 16,568,000 | 16,319,000 | 16,191,000 | 16,061,000 | 15,806,000 | 15,678,000 | 15,552,000 | 15,303,000 | 15,299,000 | 15,174,000 | 15,307,000 | 15,174,000 | 15,041,000 | 14,774,000 | 14,639,000 | 14,241,000 | 14,347,000 | 14,055 | 13,917,000 | ||||||||||||||||||||
goodwill | 16,164,000 | 16,164,000 | 16,164,000 | 16,164,000 | 16,164,000 | 21,352,000 | 17,309,000 | 17,309,000 | 17,309,000 | 17,309,000 | 17,309,000 | 17,309,000 | 17,309,000 | 17,309,000 | 17,309,000 | 17,309,000 | 14,262,000 | 14,262,000 | 14,262,000 | 14,262,000 | 14,262,000 | 14,262,000 | 14,262,000 | 14,262,000 | 14,262,000 | 14,262,000 | 15,894,000 | 12,569,000 | 12,569,000 | 12,569,000 | 12,569,000 | 12,569,000 | 12,569,000 | 12,569,000 | 12,569,000 | 12,569,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 11,590,000 | 7,471,000 | 7,471,000 | 7,471,000 | 7,471,000 | 7,471,000 | 7,471 | 7,471,000 | 7,471,000 | 7,471,000 |
other intangible assets | 3,435,000 | 3,728,000 | 4,036,000 | 4,329,000 | 4,622,000 | 5,007,000 | 2,789,000 | 2,972,000 | 3,154,000 | 3,345,000 | 3,540,000 | 3,735,000 | 3,931,000 | 4,126,000 | 4,321,000 | 4,516,000 | 2,429,000 | 2,564,000 | 2,779,000 | 2,993,000 | 3,208,000 | 3,423,000 | 3,637,000 | 3,852,000 | 4,066,000 | 4,281,000 | 3,170,000 | 1,345,000 | 1,446,000 | 1,554,000 | 1,664,000 | 1,775,000 | 1,885,000 | 1,996,000 | 2,106,000 | 2,217,000 | 2,971,000 | 1,997,000 | 2,099,000 | 2,201,000 | 2,303,000 | 2,405,000 | 2,507,000 | 2,597,000 | 2,661,000 | 2,762,000 | 2,883,000 | 2,981,000 | 3,102,000 | 3,222,000 | 3,342,000 | 3,463,000 | 3,610,000 | 3,757,000 | 3,905,000 | 4,052,000 | 3,699,000 | 161,000 | 187,000 | 214,000 | 241,000 | 268,000 | 295 | 321,000 | 348,000 | 375,000 |
accounts and drafts receivable from customers | 4,950,000 | 69,425,000 | 49,798,000 | 60,276,000 | 40,465,000 | 55,906,000 | 30,892,000 | 78,407,000 | 32,856,000 | 110,651,000 | 28,710,000 | 83,627,000 | 37,288,000 | 95,779,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 61,490,000 | 59,889,000 | 63,313,000 | 55,310,000 | 60,536,000 | 73,444,000 | 72,136,000 | 73,132,000 | 98,169,000 | 68,390,000 | 71,028,000 | 73,421,000 | 69,163,000 | 69,301,000 | 118,040,000 | 93,864,000 | 78,626,000 | 48,452,000 | 46,380,000 | 46,840,000 | 43,400,000 | 46,886,000 | 46,465,000 | 46,594,000 | 72,263,000 | 112,715,000 | 108,258,000 | 102,745,000 | 102,408,000 | 97,032,000 | 120,543,000 | 90,792,000 | 93,386,000 | 36,369,000 | 37,239,000 | 34,584,000 | 37,934,000 | 36,388,000 | 25,560,000 | 23,678,000 | 23,980,000 | 24,116,000 | 27,566,000 | 27,982,000 | 24,775,000 | 25,886,000 | 18,994,000 | 19,699,000 | 20,361,000 | 21,363,000 | 25,994,000 | 27,359,000 | 25,982,000 | 24,474,000 | 21,431,000 | 22,201,000 | 23,085,000 | 21,144,000 | 21,291,000 | 25,015,000 | 22,579,000 | 22,639,000 | 19,129 | 21,940,000 | 20,510,000 | 20,839,000 |
total assets | 2,533,791,000 | 2,606,024,000 | 2,453,622,000 | 2,316,018,000 | 2,318,457,000 | 2,395,081,000 | 2,260,760,000 | 2,282,596,000 | 2,293,579,000 | 2,478,622,000 | 2,504,878,000 | 2,470,796,000 | 2,427,389,000 | 2,573,023,000 | 2,610,815,000 | 2,443,988,000 | 2,422,043,000 | 2,554,901,000 | 2,292,986,000 | 2,272,333,000 | 2,216,573,000 | 2,203,235,000 | 2,000,463,000 | 1,828,984,000 | 1,731,982,000 | 1,764,243,000 | 1,781,010,000 | 1,728,684,000 | 1,684,881,000 | 1,695,176,000 | 1,678,247,000 | 1,570,305,000 | 1,650,802,000 | 1,603,209,000 | 1,556,750,000 | 1,593,282,000 | 1,447,006,000 | 1,504,839,000 | 1,547,653,000 | 1,521,184,000 | 1,377,018,000 | 1,455,506,000 | 1,433,520,000 | 1,366,880,000 | 1,400,748,000 | 1,500,731,000 | 1,450,173,000 | 1,351,711,000 | 1,341,927,000 | 1,326,020,000 | 1,329,327,000 | 1,348,534,000 | 1,280,279,000 | 1,287,387,000 | 1,391,235,000 | 1,291,260,000 | 1,273,514,000 | 1,319,301,000 | 1,405,658,000 | 1,287,698,000 | 1,200,020,000 | 1,188,035,000 | 1,217,429 | 1,145,168,000 | 1,073,161,000 | 1,012,981,000 |
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noninterest-bearing | 406,113,000 | 513,434,000 | 407,169,000 | 370,606,000 | 363,798,000 | 251,230,000 | 392,573,000 | 372,031,000 | 412,879,000 | 524,359,000 | 511,292,000 | 679,107,000 | 585,323,000 | 642,757,000 | 581,731,000 | 604,492,000 | 621,819,000 | 582,642,000 | 467,320,000 | 422,374,000 | 424,859,000 | 493,504,000 | 374,382,000 | 343,567,000 | 288,226,000 | 351,091,000 | 310,695,000 | 259,082,000 | 271,178,000 | 313,258,000 | 270,395,000 | 265,356,000 | 257,915,000 | 281,541,000 | 211,413,000 | 201,942,000 | 195,860,000 | 214,656,000 | 202,384,000 | 195,636,000 | 184,281,000 | 181,823,000 | 172,937,000 | 162,015,000 | 160,555,000 | 158,999,000 | 139,398,000 | 147,664,000 | 159,387,000 | 143,841,000 | 147,250,000 | 135,906,000 | 133,284,000 | 144,143,000 | 140,677,000 | 132,561,000 | 125,500,000 | 131,956,000 | 125,980,000 | 134,133,000 | 126,379,000 | 113,097,000 | 121,028 | 109,691,000 | 116,319,000 | 113,151,000 |
interest-bearing | 699,570,000 | 686,599,000 | 627,491,000 | 633,189,000 | 636,277,000 | 716,686,000 | 654,750,000 | 640,315,000 | 666,213,000 | 616,455,000 | 666,050,000 | 512,327,000 | 530,827,000 | 614,460,000 | 647,990,000 | 585,083,000 | 555,116,000 | 638,861,000 | 619,997,000 | 593,569,000 | 578,276,000 | 557,352,000 | 536,803,000 | 482,389,000 | 438,381,000 | 406,045,000 | 400,538,000 | 377,547,000 | 384,254,000 | 408,668,000 | 364,329,000 | 360,381,000 | 381,328,000 | 396,547,000 | 397,817,000 | 403,097,000 | 382,496,000 | 407,305,000 | 421,629,000 | 435,359,000 | 421,564,000 | 464,661,000 | 404,535,000 | 393,395,000 | 454,523,000 | 459,200,000 | 445,966,000 | 403,847,000 | 421,816,000 | 438,655,000 | 413,586,000 | 405,103,000 | 403,062,000 | 419,565,000 | 407,657,000 | 378,502,000 | 390,416,000 | 416,412,000 | 423,812,000 | 387,579,000 | 399,269,000 | 405,493,000 | 380,231 | 354,743,000 | 327,620,000 | 324,725,000 |
total deposits | 1,105,683,000 | 1,200,033,000 | 1,034,660,000 | 1,003,795,000 | 1,000,075,000 | 967,916,000 | 1,047,323,000 | 1,012,346,000 | 1,079,092,000 | 1,140,814,000 | 1,177,342,000 | 1,191,434,000 | 1,116,150,000 | 1,257,217,000 | 1,229,721,000 | 1,189,575,000 | 1,176,935,000 | 1,221,503,000 | 1,087,317,000 | 1,015,943,000 | 1,003,135,000 | 1,050,856,000 | 911,185,000 | 825,956,000 | 726,607,000 | 757,136,000 | 711,233,000 | 636,629,000 | 655,432,000 | 721,926,000 | 634,724,000 | 625,737,000 | 639,243,000 | 678,088,000 | 609,230,000 | 605,039,000 | 578,356,000 | 621,961,000 | 624,013,000 | 630,995,000 | 605,845,000 | 646,484,000 | 577,472,000 | 555,410,000 | 615,078,000 | 618,199,000 | 585,364,000 | 551,511,000 | 581,203,000 | 582,496,000 | 560,836,000 | 541,009,000 | 536,346,000 | 563,708,000 | 548,334,000 | 511,063,000 | 515,916,000 | 548,368,000 | 549,792,000 | 521,712,000 | 525,648,000 | 518,590,000 | 501,259 | 464,434,000 | 443,939,000 | 437,876,000 |
accounts and drafts payable | 1,000,154,000 | 1,124,858,000 | 1,130,371,000 | 1,036,795,000 | 1,016,324,000 | 1,149,276,000 | 936,463,000 | 996,832,000 | 944,793,000 | 1,071,369,000 | 1,082,224,000 | 1,021,524,000 | 1,051,435,000 | 1,067,600,000 | 1,146,334,000 | 998,870,000 | 989,733,000 | 1,050,396,000 | 905,479,000 | 939,570,000 | 897,508,000 | 835,386,000 | 771,607,000 | 687,538,000 | 702,069,000 | 684,295,000 | 762,075,000 | 794,871,000 | 739,357,000 | 694,360,000 | 769,638,000 | 673,704,000 | 747,455,000 | 661,888,000 | 687,233,000 | 729,403,000 | 623,223,000 | 642,287,000 | 682,762,000 | 650,988,000 | 536,725,000 | 577,259,000 | 625,230,000 | 584,532,000 | 556,826,000 | 655,428,000 | 645,687,000 | 585,858,000 | 554,695,000 | 543,953,000 | 564,731,000 | 606,070,000 | 542,528,000 | 522,761,000 | 648,944,000 | 592,819,000 | 574,990,000 | 595,201,000 | 683,239,000 | 600,606,000 | 514,155,000 | 516,107,000 | 554,945 | 527,278,000 | 479,779,000 | 430,251,000 |
short-term borrowings | 145,000,000 | 18,000,000 | 9,000 | 13 | 19,000 | 18,000 | 26,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 41,162,000 | 38,135,000 | 45,142,000 | 34,606,000 | 48,823,000 | 48,859,000 | 39,327,000 | 43,493,000 | 40,207,000 | 36,630,000 | 39,076,000 | 42,692,000 | 42,304,000 | 41,881,000 | 43,025,000 | 49,929,000 | 38,297,000 | 37,204,000 | 52,547,000 | 56,053,000 | 56,443,000 | 55,833,000 | 66,180,000 | 66,963,000 | 62,023,000 | 60,622,000 | 61,085,000 | 56,763,000 | 55,612,000 | 49,042,000 | 44,543,000 | 44,251,000 | 41,682,000 | 38,145,000 | 36,332,000 | 37,482,000 | 32,297,000 | 32,556,000 | 28,566,000 | 28,939,000 | 25,413,000 | 24,385,000 | 31,375,000 | 29,495,000 | 28,654,000 | 26,672,000 | 12,313,000 | 11,661,000 | 9,727,000 | 9,144,000 | 25,064,000 | 26,769,000 | 25,019,000 | 26,903,000 | 19,382,000 | 18,883,000 | 19,229,000 | 15,184,000 | 11,894,000 | 13,300,000 | 12,869,000 | 11,235,000 | 15,395 | 15,829,000 | 14,941,000 | 15,260,000 |
total liabilities | 2,291,999,000 | 2,363,026,000 | 2,210,173,000 | 2,075,196,000 | 2,084,210,000 | 2,166,051,000 | 2,023,113,000 | 2,052,671,000 | 2,064,092,000 | 2,248,813,000 | 2,298,642,000 | 2,255,650,000 | 2,209,889,000 | 2,366,698,000 | 2,419,080,000 | 2,238,374,000 | 2,204,965,000 | 2,309,103,000 | 2,045,343,000 | 2,011,566,000 | 1,957,086,000 | 1,942,075,000 | 1,748,972,000 | 1,580,457,000 | 1,490,699,000 | 1,520,053,000 | 1,534,393,000 | 1,488,263,000 | 1,450,401,000 | 1,465,328,000 | 1,448,905,000 | 1,343,692,000 | 1,428,380,000 | 1,378,121,000 | 1,332,795,000 | 1,371,924,000 | 1,233,876,000 | 1,296,804,000 | 1,335,341,000 | 1,310,922,000 | 1,167,983,000 | 1,248,128,000 | 1,234,077,000 | 1,169,437,000 | 1,200,558,000 | 1,300,299,000 | 1,243,364,000 | 1,149,030,000 | 1,145,625,000 | 1,135,593,000 | 1,150,631,000 | 1,173,848,000 | 1,103,893,000 | 1,113,372,000 | 1,216,660,000 | 1,122,765,000 | 1,110,135,000 | 1,158,753,000 | 1,244,925,000 | 1,135,618,000 | 1,052,672,000 | 1,045,941,000 | 1,071,612 | 1,007,560,000 | 938,677,000 | 883,413,000 |
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .50 per share; 2,000,000 shares authorized and no shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 7,753,000 | 6,524,000 | 6,524,000 | 6,524,000 | 6,524,000 | 5,966,000 | 5,966,000 | 5,966,000 | 4,975,000 | 4,975 | 4,975,000 | 4,975,000 | 4,975,000 | ||||||||||||||||||||||||
additional paid-in capital | 206,807,000 | 207,052,000 | 205,925,000 | 204,842,000 | 203,755,000 | 205,593,000 | 205,026,000 | 204,128,000 | 204,361,000 | 208,007,000 | 207,663,000 | 206,734,000 | 206,614,000 | 207,422,000 | 205,624,000 | 204,482,000 | 203,149,000 | 204,276,000 | 204,113,000 | 203,098,000 | 202,828,000 | 204,875,000 | 205,053,000 | 204,258,000 | 203,801,000 | 205,397,000 | 205,775,000 | 205,463,000 | 205,310,000 | 205,770,000 | 204,971,000 | 204,687,000 | 204,479,000 | 204,631,000 | 129,052,000 | 128,478,000 | 128,209,000 | 128,455,000 | 126,016,000 | 125,915,000 | 125,719,000 | 126,290,000 | 125,933,000 | 125,416,000 | 125,097,000 | 126,169,000 | 126,156,000 | 125,646,000 | 125,278,000 | 125,062,000 | 124,805,000 | 124,973,000 | 124,983,000 | 125,086,000 | 80,973,000 | 80,988,000 | 80,744,000 | 80,971,000 | 47,007,000 | 46,664,000 | 46,496,000 | 46,653,000 | 46,439 | 46,052,000 | 45,910,000 | 45,696,000 |
retained earnings | 171,797,000 | 167,092,000 | 163,038,000 | 158,005,000 | 153,278,000 | 148,487,000 | 148,092,000 | 149,236,000 | 148,845,000 | 145,782,000 | 141,444,000 | 137,996,000 | 134,822,000 | 131,682,000 | 126,361,000 | 121,386,000 | 116,646,000 | 112,220,000 | 108,388,000 | 105,398,000 | 102,247,000 | 99,062,000 | 97,402,000 | 95,514,000 | 93,968,000 | 90,341,000 | 87,887,000 | 83,470,000 | 79,558,000 | 75,171,000 | 73,183,000 | 68,771,000 | 64,458,000 | 59,314,000 | 130,321,000 | 126,032,000 | 122,095,000 | 118,363,000 | 114,513,000 | 110,749,000 | 107,343,000 | 103,994,000 | 100,399,000 | 96,910,000 | 93,762,000 | 90,635,000 | 87,269,000 | 83,173,000 | 79,444,000 | 75,939,000 | 72,988,000 | 68,923,000 | 64,918,000 | 60,952,000 | 102,517,000 | 98,192,000 | 93,996,000 | 89,853,000 | 120,262,000 | 115,710,000 | 111,477,000 | 107,263,000 | 103,685 | 99,421,000 | 95,835,000 | 92,401,000 |
common shares in treasury, at cost | -114,366,000 | -112,148,000 | -103,835,000 | -97,103,000 | -91,025,000 | -87,615,000 | -84,139,000 | -81,554,000 | -82,316,000 | -84,264,000 | -83,704,000 | -80,943,000 | -79,419,000 | -81,211,000 | -81,624,000 | -81,742,000 | -82,348,000 | -78,904,000 | -67,018,000 | -53,437,000 | -49,949,000 | -50,515,000 | -49,410,000 | -49,457,000 | -49,800,000 | -45,381,000 | -45,985,000 | -46,333,000 | -44,685,000 | -39,974,000 | -32,029,000 | -32,243,000 | -32,301,000 | -32,061,000 | -32,167,000 | -10,980,000 | -13,155,000 | -13,549,000 | -13,167 | -13,167,000 | -13,376,000 | -13,323,000 | ||||||||||||||||||||||||
accumulated other comprehensive loss | -30,199,000 | -26,751,000 | -29,432,000 | -32,675,000 | -39,514,000 | -45,188,000 | -39,085,000 | -49,638,000 | -49,156,000 | -47,469,000 | -66,920,000 | -56,394,000 | -52,270,000 | -5,593,000 | -2,045,000 | -3,392,000 | -15,000 | -9,307,000 | -9,541,000 | -14,439,000 | -13,920,000 | -8,813,000 | -9,932,000 | -13,456,000 | -18,872,000 | -23,307,000 | -21,126,000 | -20,738,000 | -13,320,000 | -9,217,000 | -12,956,000 | -14,543,000 | -3,723,000 | -1,737,000 | -4,503,000 | -6,664,000 | -11,734,000 | -13,012,000 | -9,373,000 | -9,631,000 | -698,000 | -1,121,000 | -3,247,000 | -5,560,000 | -14,003,000 | -13,932,000 | -7,901,000 | -6,093,000 | -2,119,000 | -3,719,000 | -4,281,000 | -2,753,000 | -2,274,000 | -2,445,000 | -3,248,000 | -181,000 | ||||||||||
total shareholders’ equity | 241,792,000 | 242,998,000 | 243,449,000 | 240,822,000 | 234,247,000 | 229,030,000 | 237,647,000 | 229,925,000 | 229,487,000 | 229,809,000 | 206,236,000 | 215,146,000 | 217,500,000 | 206,325,000 | 191,735,000 | 205,614,000 | 217,078,000 | 245,798,000 | 247,643,000 | 260,767,000 | 259,487,000 | 261,160,000 | 251,491,000 | 248,527,000 | 241,283,000 | 244,190,000 | 246,617,000 | 240,421,000 | 234,480,000 | 229,848,000 | 229,342,000 | 226,613,000 | 222,422,000 | 225,088,000 | 223,955,000 | 221,358,000 | 213,130,000 | 208,035,000 | 212,312,000 | 210,262,000 | 209,035,000 | 207,378,000 | 199,443,000 | 197,443,000 | 200,190,000 | 200,432,000 | 206,809,000 | 202,681,000 | 196,302,000 | 190,427,000 | 178,696,000 | 174,686,000 | 176,386,000 | 174,015,000 | 174,575,000 | 168,495,000 | 163,379,000 | 160,548,000 | 160,733,000 | 152,080,000 | 147,348,000 | 142,094,000 | 145,817 | 137,608,000 | 134,484,000 | 129,568,000 |
total liabilities and shareholders’ equity | 2,533,791,000 | 2,606,024,000 | 2,453,622,000 | 2,316,018,000 | 2,318,457,000 | 2,395,081,000 | 2,260,760,000 | 2,282,596,000 | 2,293,579,000 | 2,478,622,000 | 2,504,878,000 | 2,470,796,000 | 2,427,389,000 | 2,573,023,000 | 2,610,815,000 | 2,443,988,000 | 2,422,043,000 | 2,554,901,000 | 2,292,986,000 | 2,272,333,000 | 2,216,573,000 | 2,203,235,000 | 2,000,463,000 | 1,828,984,000 | 1,731,982,000 | 1,764,243,000 | 1,781,010,000 | 1,728,684,000 | 1,684,881,000 | 1,695,176,000 | 1,678,247,000 | 1,570,305,000 | 1,650,802,000 | 1,603,209,000 | 1,556,750,000 | 1,593,282,000 | 1,447,006,000 | 1,504,839,000 | 1,547,653,000 | 1,521,184,000 | 1,377,018,000 | 1,455,506,000 | 1,433,520,000 | 1,366,880,000 | 1,400,748,000 | 1,500,731,000 | 1,450,173,000 | 1,351,711,000 | 1,341,927,000 | 1,326,020,000 | 1,329,327,000 | 1,348,534,000 | 1,280,279,000 | 1,287,387,000 | 1,391,235,000 | 1,291,260,000 | 1,273,514,000 | 1,319,301,000 | 1,405,658,000 | 1,287,698,000 | 1,200,020,000 | 1,188,035,000 | 1,217,429 | 1,145,168,000 | 1,073,161,000 | 1,012,981,000 |
less allowance for credit losses | 13,597,000 | 13,395,000 | 13,089,000 | 13,539,000 | 12,041,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in bank-owned life insurance | 52,195,000 | 50,325,000 | 49,159,000 | 47,998,000 | 43,176,000 | 18,058,000 | 17,599,000 | 17,384,000 | 16,927,000 | 16,445,000 | 15,933,000 | 15,429,000 | 15,437,000 | 14,910,000 | 14,506,000 | 14,375,000 | 14,324,000 | 14,191,000 | 13,779,000 | 13,644,000 | ||||||||||||||||||||||||||||||||||||||||||||||
assets of discontinued operations | 14,057,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities of discontinued operations | 18,988,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.50 per share; 2,000,000 shares authorized and no shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities available-for-sale, at fair value | 576,510,000 | 528,021,000 | 550,756,000 | 540,802,000 | 621,929,000 | 627,117,000 | 615,855,000 | 637,513,000 | 703,037,000 | 754,468,000 | 763,789,000 | 740,074,000 | 774,610,000 | 673,453,000 | 541,079,000 | 507,047,000 | 427,244,000 | 357,726,000 | 365,165,000 | 379,971,000 | 387,994,000 | 422,665,000 | 427,591,000 | 435,391,000 | 441,189,000 | 441,534,000 | 446,440,000 | 440,863,000 | 454,981,000 | 470,523,000 | 457,068,000 | 431,979,000 | 426,315,000 | 390,552,000 | 382,671,000 | 368,041,000 | 373,145,000 | 375,696,000 | 363,153,000 | 347,820,000 | 322,627,000 | 356,141,000 | 339,840,000 | 327,469,000 | 325,112,000 | 317,767,000 | 308,721,000 | 276,428,000 | 307,507,000 | 341,935,000 | 367,519,000 | 322,789,000 | 309,209,000 | 310,612,000 | 274,572,000 | 264,218,000 | 268,365,000 | 264,569,000 | 238,262 | 232,626,000 | 226,183,000 | 224,597,000 | ||||
accumulated other comprehensive income | -59,321,000 | -66,379,000 | -46,265,000 | -28,122,000 | 453,000 | 1,484,000 | 3,885 | 327,000 | 1,140,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest-bearing deposits in other financial institutions | 472,786,000 | 424,263,000 | 444,624,000 | 393,810,000 | 208,783,000 | 208,573,000 | 137,617,000 | 172,422,000 | 114,869,000 | 73,335,000 | 113,937,000 | 179,281,000 | 145,803,000 | 111,244,000 | 178,104,000 | 152,056,000 | 90,789,000 | 99,984,000 | 80,590,000 | 136,852,000 | 117,789,000 | 141,572,000 | 122,670,000 | 176,405,000 | 128,798,000 | 105,672,000 | 166,192,000 | 200,966,000 | 136,244,000 | 108,102,000 | 130,283,000 | 160,316,000 | 148,842,000 | 116,628,000 | 89,420,000 | 108,560,000 | 124,039,000 | 85,742,000 | 89,902,000 | 123,551,000 | 120,229,000 | 78,799,000 | 26,490,000 | 67,299,000 | 73,434 | 26,040,000 | 18,989,000 | 33,426,000 | ||||||||||||||||||
federal funds sold and other short-term investments | 1,882,000 | 182,773,000 | 129,744,000 | 245,733,000 | 214,718,000 | 11,705,000 | 6,699,000 | 13,456,000 | 83,397,000 | 93,367,000 | 55,327,000 | 36,610,000 | 22,409,000 | 1,895,000 | 11,227,000 | 58,632,000 | 137,348,000 | 186,538,000 | 51,475,000 | 118,077,000 | 171,877,000 | 124,598,000 | 10,681,000 | 67,752,000 | 85,352,000 | 39,723,000 | 31,093,000 | 82,062,000 | 90,974,000 | 53,831,000 | 51,295,000 | 53,663,000 | 69,530,000 | 141,488,000 | 67,255,000 | 13,734,000 | 86,100,000 | 59,279,000 | 59,070,000 | 99,832,000 | 200,773,000 | 114,844,000 | 100,626,000 | 59,353,000 | 125,599 | 119,505,000 | 85,172,000 | 40,105,000 | ||||||||||||||||||
payments in excess of funding | 266,379,000 | 184,262,000 | 216,475,000 | 161,392,000 | 162,210,000 | 208,845,000 | 206,158,000 | 208,225,000 | 174,348,000 | 162,953,000 | 160,777,000 | 161,080,000 | 153,836,000 | 157,557,000 | 139,103,000 | 119,802,000 | 111,435,000 | 121,775,000 | 105,347,000 | 111,334,000 | 117,200,000 | 110,665,000 | 105,526,000 | 108,859,000 | 120,510,000 | 125,572,000 | 120,227,000 | 141,209,000 | 124,277,000 | 100,672,000 | 77,650,000 | 88,039,000 | 73,973,000 | 69,419,000 | 63,522,000 | 74,031,000 | 69,141,000 | 65,625,000 | 61,378,000 | 63,831,000 | 57,003,000 | 41,540,000 | 33,609,000 | 40,111 | 34,800,000 | 28,150,000 | 22,637,000 | |||||||||||||||||||
less allowance for credit/loan losses | 11,944,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: allowance for loan losses | 11,298,000 | 11,292,000 | 10,889,000 | 10,509,000 | 10,506,000 | 10,486,000 | 10,220,000 | 10,215,000 | 10,210,000 | 10,202,000 | 10,196,000 | 10,191,000 | 10,673,000 | 10,672,000 | 10,637,000 | 11,882,000 | 11,902,000 | 11,898,000 | 11,859,000 | 11,853,000 | 11,844,000 | 11,679,000 | 11,663,000 | 11,352,000 | 11,032,000 | 12,357,000 | 12,321,000 | 12,623,000 | 12,947,000 | 12,954,000 | 13,010,000 | 13,228,000 | 12,377,000 | 11,891,000 | 10,758 | 10,161,000 | 8,999,000 | 8,284,000 | ||||||||||||||||||||||||||||
less allowance for loan losses | 10,556,000 | 10,225,000 | 10,205,000 | 10,175,000 | 11,635,000 | 11,894,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .50 per share; 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and no shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 11,931,147 shares issued at march 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2016 | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (734,906 shares at march 31, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2017 and 742,681 shares at december 31, 2016) | -30,184,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized, 11,931,147 shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued at december 31, 2016 and 2015 | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (742,681 and 598,875 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares at december 31, 2016 and 2015, respectively) | -30,206,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 11,931,147 shares issued at september 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2016 and december 31, 2015 | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (755,405 shares at september 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2016 and 598,875 shares at december 31, 2015) | -30,460,000 | -30,631,000 | -25,490,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 11,931,147 shares issued at june 30, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2015 | 5,966,000 | 5,966,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (761,290 shares at june 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 11,931,147 shares issued at march 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (657,831 shares at march 31, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued at december 31, 2015 and 2014 | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (598,875 and 428,572 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares at december 31, 2015 and 2014, respectively) | -22,208,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2015 and december 31, 2014 | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (578,182 shares at september 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2015 and 428,572 shares at december 31, 2014) | -21,121,000 | -17,837,000 | -15,262,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 11,931,147 shares issued at june 30, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2014 | 5,966,000 | 5,966,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (510,455 shares at june 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 11,931,147 shares issued at march 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (461,252 shares at march 31, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued at december 31, 2014 and 2013 | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (428,572 and 409,667 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares at december 31, 2014 and 2013, respectively) | -12,707,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2014 and december 31, 2013 | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (414,899 shares at september 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2014 and 409,667 shares at december 31, 2013) | -11,884,000 | -10,983,000 | -11,139,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 11,931,147 shares issued at june 30, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2013 | 5,966,000 | 5,966,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (395,717 shares at june 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 11,931,147 shares issued at march 31, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (401,392 shares at march 31, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2013 and 20,000,000 shares authorized and 11,931,147 shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued at december 31, 2012 | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (417,293 shares at september 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2013 and 467,316 shares at december 31, 2012) | -11,060,000 | -11,244,000 | -11,580,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to unaudited consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 11,931,147 shares issued at june 30, 2013 and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
20,000,000 shares authorized and 11,931,147 shares issued at | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2012 | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (435,090 shares at june 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 11,931,147 shares issued at march 31, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2012 | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (451,284 shares at march 31, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized, 11,931,147 and 10,890,163 shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued at december 31, 2012 and 2011, respectively | 5,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (467,316 and 532,233 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares at december 31, 2012 and 2011, respectively) | -11,896,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 10,890,163 shares issued at september 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2012 and december 31, 2011 | 5,445,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (492,278 shares at september 30, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2012 and 532,233 shares at december 31, 2011) | -12,241,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 10,890,163 shares issued at june 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2011 | 5,445,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (502,202 shares at june 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 532,233 shares at december 31, 2011) | -12,411,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 10,890,163 shares issued at both | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2012 and december 31, 2011 | 5,445,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (507,045 shares at | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2012 and 532,233 shares at | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2011) | -12,525,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 10,890,163 and 9,949,324 shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued at december 31, 2011 and 2010, respectively | 5,445,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (532,233 and 561,533 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares at december 31, 2011 and 2010, respectively) | -12,968,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 9,949,324 shares issued at september 30, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2010 | 4,975,000 | 4,975,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (533,767 shares at | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2011 and 561,533 shares at december 31, 2010) | -12,995,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 9,949,324 shares issued at june 30, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury, at cost (533,767 shares at june 30, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 561,533 shares at december 31, 2010) | -12,995,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares authorized and 9,949,324 shares issued at | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2011 and december 31, 2010 | 4,975,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated convertible debentures |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 8,832,000 | 8,189,000 | 9,106,000 | 8,855,000 | 8,966,000 | 4,594,000 | 2,938,000 | 4,484,000 | 7,152,000 | 8,410,000 | 7,394,000 | 7,138,000 | 7,117,000 | 9,285,000 | 8,799,000 | 8,562,000 | 8,258,000 | 7,702,000 | 6,805,000 | 7,026,000 | 7,071,000 | 6,411,000 | 5,781,000 | 5,439,000 | 7,545,000 | 6,371,000 | 8,186,000 | 7,684,000 | 8,163,000 | 7,057,000 | 7,610,000 | 7,509,000 | 8,092,000 | 5,331,000 | 6,863,000 | 6,513,000 | 6,307,000 | 6,424,000 | 6,222,000 | 5,869,000 | 5,833,000 | 6,089,000 | 5,880,000 | 5,548,000 | 5,539,000 | 5,786,000 | 6,401,000 | 6,035,000 | 5,811,000 | 5,254,000 | 6,138,000 | 6,073,000 | 6,032,000 | 5,341,000 | 6,092,000 | 5,962,000 | 5,908,000 | 5,491,000 | 6,060,000 | 5,739,000 | 5,719,000 | 20,294,771 | -9,633,771 | 4,900,000 | 4,749,000 |
less: net income from discontinued operations | 93,000 | -1,000 | -106,000 | 3,696,000 | 415,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 8,739,000 | 8,190,000 | 9,212,000 | 5,159,000 | 8,551,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 293,000 | 293,000 | 293,000 | 293,000 | 293,000 | 183,000 | 183,000 | 182,000 | 191,000 | 195,000 | 195,000 | 195,000 | 195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of premium/discount on investment securities | -179,000 | -7,000 | 199,000 | 317,000 | 465,000 | 675,000 | 934,000 | 945,000 | 1,037,000 | 1,095,000 | 1,091,000 | 1,068,000 | 1,219,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 1,441,000 | 1,555,000 | 1,445,000 | 1,628,000 | 1,401,000 | 1,602,000 | 1,322,000 | 1,183,000 | 1,141,000 | 1,128,000 | 1,033,000 | 1,083,000 | 945,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of investment securities | -5,000 | -4,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation expense | 1,439,000 | 1,009,000 | 1,018,000 | 918,000 | 1,241,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for credit losses | 61,000 | -193,000 | 25,000 | 905,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in current income tax liability | 1,717,000 | 2,066,000 | 2,119,000 | -2,311,000 | 2,382,000 | 799,000 | -543,000 | -1,188,000 | 1,786,000 | 15,000 | -460,000 | -2,740,000 | 1,704,000 | 83,000 | 7,000 | -1,277,000 | 1,911,000 | 127,000 | |||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts receivable | 494,000 | 27,000 | 1,857,000 | -1,915,000 | -1,677,000 | -1,601,000 | -2,607,000 | 4,212,000 | -3,568,000 | -1,878,000 | -735,000 | -1,079,000 | -726,000 | -237,000 | -105,000 | -1,019,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other operating activities | 456,000 | -5,987,000 | -1,488,000 | -6,788,000 | 3,652,000 | 4,717,000 | -4,088,000 | 5,664,000 | -1,412,000 | -982,000 | -2,257,000 | 3,393,000 | -1,681,000 | -2,227,000 | -2,239,000 | 5,882,000 | 1,688,000 | -6,876,000 | -2,176,000 | -2,434,000 | 5,156,000 | -1,999,000 | -2,950,000 | 3,380,000 | 5,361,000 | -7,375,000 | -311,000 | 1,377,000 | 1,950,000 | -2,087,000 | 1,712,000 | -2,850,000 | -2,569,000 | -1,971,000 | -1,178,000 | 4,571,000 | -5,549,000 | -162,000 | -1,799,000 | 40,000 | -1,552,000 | -927,000 | -2,356,000 | 627,000 | 1,475,000 | -1,532,000 | 111,000 | 874,000 | -479,000 | -1,218,000 | 354,000 | 2,326,000 | -3,785,000 | 3,230,000 | -437,000 | 360,000 | 903,000 | 919,000 | -451,000 | -188,000 | -808,000 | -2,654,355 | -23,645 | 411,000 | -387,000 |
net cash from operating activities - continuing operations | 14,456,000 | 4,849,000 | 12,421,000 | 680,000 | 20,858,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities - discontinued operations | 93,000 | -1,000 | -106,000 | -1,971,000 | 707,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 14,549,000 | 4,848,000 | 12,315,000 | -1,291,000 | 21,565,000 | 18,630,000 | -199,000 | 10,691,000 | 9,827,000 | 7,570,000 | 12,393,000 | 7,680,000 | 9,293,000 | 10,809,000 | 9,737,000 | 16,339,000 | 14,723,000 | 3,867,000 | 8,921,000 | 5,055,000 | 16,704,000 | 7,720,000 | 7,406,000 | 14,495,000 | 18,160,000 | 2,352,000 | 13,401,000 | 9,938,000 | 16,435,000 | 9,539,000 | 13,700,000 | 6,937,000 | 18,159,000 | 10,954,000 | 6,468,000 | 15,847,000 | 5,621,000 | 9,574,000 | 7,863,000 | 10,590,000 | 7,162,000 | 7,688,000 | 8,786,000 | 7,115,000 | 9,904,000 | 6,398,000 | 9,843,000 | 6,999,000 | 7,323,000 | 10,159,000 | 4,405,000 | 10,333,000 | 8,289,000 | 6,896,000 | 9,810,000 | 2,614,000 | 8,390,000 | 5,908,000 | 8,730,000 | 23,754,317 | -13,412,317 | 7,200,000 | 6,234,000 | ||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
free cash flows | 14,549,000 | 4,848,000 | 12,315,000 | -1,291,000 | 21,565,000 | 18,630,000 | -199,000 | 10,691,000 | 9,827,000 | 7,570,000 | 12,393,000 | 7,680,000 | 9,293,000 | 10,809,000 | 9,737,000 | 16,339,000 | 14,723,000 | 3,867,000 | 8,921,000 | 5,055,000 | 16,704,000 | 7,720,000 | 7,406,000 | 14,495,000 | 18,160,000 | 2,352,000 | 13,401,000 | 9,938,000 | 16,435,000 | 9,539,000 | 13,700,000 | 6,937,000 | 18,159,000 | 10,954,000 | 6,468,000 | 15,847,000 | 5,621,000 | 9,574,000 | 7,863,000 | 10,590,000 | 7,162,000 | 7,688,000 | 8,786,000 | 7,115,000 | 9,904,000 | 6,398,000 | 9,843,000 | 6,999,000 | 7,323,000 | 10,159,000 | 4,405,000 | 10,333,000 | 8,289,000 | 6,896,000 | 9,810,000 | 2,614,000 | 8,390,000 | 5,908,000 | 8,730,000 | 23,754,317 | -13,412,317 | 7,200,000 | 6,234,000 | ||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of investment securities available-for-sale | 3,477,000 | 72,681,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities of investment securities available-for-sale | 19,469,000 | 15,777,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investment securities available-for-sale | -42,294,000 | -201,604,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in loans | -27,513,000 | 28,657,000 | 24,869,000 | -59,884,000 | 52,719,000 | 19,175,000 | -108,943,000 | -82,134,000 | -5,207,000 | 23,171,000 | -39,223,000 | -29,711,000 | -12,856,000 | -15,764,000 | 3,702,000 | -10,498,000 | 13,261,000 | -13,482,000 | -25,560,000 | 4,305,000 | 8,374,000 | -14,187,000 | -3,979,000 | -18,999,000 | -9,163,000 | -953,000 | -67,120,748 | 38,868,748 | -15,865,000 | -23,052,000 | |||||||||||||||||||||||||||||||||||
decrease in payments in advance of funding | -96,110,000 | 23,526,000 | -10,439,000 | -2,275,000 | 33,204,000 | -1,328,000 | 7,379,000 | 6,971,000 | -22,691,000 | 59,726,000 | 10,593,000 | -9,361,000 | 33,956,000 | -24,554,000 | 43,951,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of premises and equipment | -1,895,000 | -717,000 | -1,032,000 | -1,341,000 | -2,573,000 | -1,481,000 | -2,148,000 | -2,039,000 | -3,661,000 | -4,964,000 | -2,970,000 | -4,436,000 | -1,954,000 | -1,596,000 | -877,000 | -1,391,000 | -2,002,000 | -1,672,000 | -811,000 | -986,000 | -900,000 | -296,000 | -322,000 | -1,052,000 | -331,000 | -846,000 | -675,000 | -556,000 | -646,000 | -443,000 | -1,156,000 | -1,413,000 | -1,387,000 | -1,347,000 | -845,000 | -1,048,000 | -887,000 | -1,135,000 | -918,000 | -1,549,000 | -1,082,000 | -1,427,000 | -936,000 | -1,760,000 | -1,624,000 | -1,615,000 | -1,728,000 | -2,041,000 | -907,000 | -1,457,000 | -1,116,000 | -570,000 | -1,714,000 | -1,901,000 | -430,000 | -600,000 | -168,000 | -160,000 | -622,000 | -678,000 | -465,000 | -1,189,110 | 528,110 | -322,000 | -207,000 |
net cash from investing activities - continuing operations | -144,866,000 | 818,000 | -95,960,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities - discontinued operations | 0 | 0 | -37,000 | -62,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -144,866,000 | 818,000 | -95,960,000 | 20,888,000 | -71,025,000 | -173,000 | -8,429,000 | 84,529,000 | -71,976,000 | 90,417,000 | 30,760,000 | 59,558,000 | 103,927,000 | -56,529,000 | -86,156,000 | 37,382,000 | -201,087,000 | -252,484,000 | -150,035,000 | -31,301,000 | -94,697,000 | 24,638,000 | 33,215,000 | -50,378,000 | -51,375,000 | -318,000 | -6,541,000 | -42,290,000 | -26,608,000 | 13,342,000 | -29,770,000 | 1,417,000 | -31,784,000 | -65,790,000 | -22,645,000 | 11,385,000 | -62,789,000 | -13,321,000 | -26,979,000 | 2,101,000 | 1,595,000 | -19,887,000 | 12,555,000 | 10,435,000 | -43,385,000 | -26,437,000 | -41,562,000 | -20,419,000 | -12,784,000 | 27,361,000 | 30,743,000 | 24,034,000 | -36,581,000 | -20,567,000 | -32,093,000 | -10,187,000 | 13,056,000 | -21,420,000 | -12,490,000 | -124,429,606 | -28,771,000 | ||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in noninterest-bearing demand deposits | -107,321,000 | 106,265,000 | 36,562,000 | 6,809,000 | 112,568,000 | 93,784,000 | -57,434,000 | -17,327,000 | 39,177,000 | 115,322,000 | 119,123,000 | 70,128,000 | 9,471,000 | 6,082,000 | -18,796,000 | 12,272,000 | 6,748,000 | 11,355,000 | 2,458,000 | 10,922,000 | 1,460,000 | 1,556,000 | 19,601,000 | -8,266,000 | -11,723,000 | 15,546,000 | -3,409,000 | 11,344,000 | 3,466,000 | 8,116,000 | 7,061,000 | -6,456,000 | 5,976,000 | -8,153,000 | 7,754,000 | 13,282,000 | -61,877 | 3,168,000 | |||||||||||||||||||||||||||
net decrease in interest-bearing demand and savings deposits | -8,063,000 | -16,198,000 | -106,201,000 | 9,352,000 | 21,573,000 | -5,963,000 | -26,095,000 | 28,150,000 | 4,600,000 | -25,439,000 | -15,149,000 | -5,427,000 | 23,917,000 | -24,994,000 | -10,280,000 | 16,471,000 | -44,046,000 | -55,900,000 | -614,000 | -2,383,000 | -18,770,000 | 3,611,000 | -13,130,000 | -13,592,000 | -14,130,000 | 2,198,000 | -8,170,000 | ||||||||||||||||||||||||||||||||||||||
net increase in time deposits | 21,034,000 | 4,096,000 | 7,201,000 | 3,556,000 | 1,085,000 | 87,000 | 3,476,000 | 2,537,000 | -1,358,000 | -185,000 | 16,020,000 | -2,302,000 | 22,568,000 | -449,000 | -9,101,000 | -3,160,000 | -3,296,000 | 575,000 | -3,845,000 | 1,418,000 | -744,000 | 1,681,000 | 16,188,000 | -651,000 | 4,491,000 | -69,000 | 185,000 | -4,063,000 | 1,931,000 | -11,866,000 | -12,552,000 | -1,543,000 | -13,888,000 | 1,946,000 | 41,340,223 | -40,894,223 | 15,462,000 | 25,468,000 | |||||||||||||||||||||||||||
net decrease in accounts and drafts receivable from customers | 64,475,000 | -19,627,000 | 10,479,000 | -19,811,000 | 15,440,000 | -25,014,000 | 47,516,000 | -45,551,000 | 77,795,000 | -81,941,000 | 54,917,000 | -46,339,000 | 58,491,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in short-term borrowings | 145,000,000 | -8,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in accounts and drafts payable | -124,704,000 | 20,470,000 | -113,286,000 | 52,039,000 | -126,576,000 | 60,700,000 | -29,911,000 | -16,165,000 | -19,064,000 | -40,534,000 | -20,211,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid | -4,127,000 | -4,135,000 | -4,073,000 | -4,128,000 | -4,175,000 | -4,199,000 | -4,082,000 | -4,093,000 | -4,089,000 | -4,072,000 | -3,946,000 | -3,964,000 | -3,977,000 | -3,964,000 | -3,824,000 | -3,822,000 | -3,832,000 | -3,870,000 | -3,815,000 | -3,875,000 | -3,886,000 | -3,895,000 | -3,893,000 | -3,893,000 | -3,918,000 | -3,917,000 | -3,769,000 | -3,772,000 | -3,776,000 | -3,835,000 | -3,198,000 | -3,196,000 | -2,948,000 | -2,950,000 | -2,574,000 | -2,576,000 | -2,575,000 | -2,573,000 | -2,459,000 | -2,463,000 | -2,484,000 | -2,494,000 | -2,391,000 | -2,400,000 | -2,412,000 | -2,420,000 | -2,305,000 | -2,306,000 | -2,306,000 | -2,303,000 | -2,072,000 | -2,069,000 | -2,066,000 | -2,063,000 | -1,767,000 | -1,766,000 | -1,765,000 | -1,760,000 | -1,508,000 | -1,506,000 | -1,505,000 | -5,444,055 | 2,625,055 | -1,314,000 | -1,315,000 |
purchase of common shares for treasury | -2,919,000 | -8,260,000 | -6,732,000 | -5,920,000 | -5,076,000 | -3,543,000 | -2,651,000 | 0 | -1,054,000 | -561,000 | -2,835,000 | 0 | 0 | -213,000 | -5,086,000 | -12,022,000 | -13,715,000 | -4,032,000 | -1,228,000 | -1,317,000 | 0 | 0 | -5,508,000 | 0 | 0 | -2,098,000 | -5,701,000 | -7,429,000 | -1,000 | -378,000 | -1,030,000 | 0 | 2,000 | 0 | -5,445,000 | -3,772,000 | -1,525,000 | -3,298,000 | -2,770,000 | -3,358,000 | |||||||||||||||||||||||||
other financing activities | -983,000 | 130,000 | 0 | 27,000 | -1,456,000 | 65,000 | 66,000 | 55,000 | -1,870,000 | 3,000 | 65,000 | 64,000 | -966,000 | -42,000 | -47,000 | 70,000 | -575,000 | 25,000 | 83,000 | -12,000 | -946,000 | 44,000 | 43,000 | 44,000 | -1,229,000 | -632,000 | -209,000 | 43,000 | -327,000 | -488,000 | -262,000 | -289,000 | 94,000 | 285,000 | 38,000 | -29,000 | -761,000 | -599,000 | -213,000 | 14,000 | -580,000 | 279,000 | 19,000 | 0 | -786,000 | -275,000 | 0 | -291,017 | -16,983 | -3,000 | 20,000 | ||||||||||||||
net cash from financing activities - continuing operations | -17,608,000 | 127,968,000 | 124,114,000 | -5,641,000 | -76,394,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities - discontinued operations | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -17,608,000 | 127,968,000 | 124,114,000 | -22,106,000 | -79,594,000 | 100,715,000 | 15,457,000 | -64,296,000 | -117,516,000 | -133,954,000 | 94,809,000 | -7,243,000 | -103,684,000 | -100,332,000 | 162,179,000 | 16,064,000 | -137,115,000 | 263,236,000 | 19,842,000 | 198,719,000 | 166,691,000 | 104,828,000 | -7,545,000 | 31,511,000 | -36,406,000 | 28,005,000 | 69,914,000 | -81,733,000 | -14,903,000 | 40,848,000 | -42,785,000 | 130,258,000 | -66,005,000 | -45,697,000 | 22,121,000 | 131,518,000 | -88,009,000 | 17,301,000 | 57,090,000 | -37,132,000 | -108,279,000 | 38,840,000 | 90,481,000 | -823,000 | 6,681,000 | -1,625,000 | -24,085,000 | 65,966,000 | -9,869,000 | -113,085,000 | 91,436,000 | 11,217,000 | -54,563,000 | -91,248,000 | 109,205,000 | 80,987,000 | 3,488,000 | 160,180,115 | -120,531,115 | 66,678,000 | 54,037,000 | ||||
net decrease in cash and cash equivalents | -147,925,000 | 40,469,000 | -2,509,000 | -129,054,000 | 85,760,000 | 69,785,000 | -323,479,000 | -70,869,000 | -40,760,000 | 39,225,000 | -841,000 | -46,579,000 | -28,528,000 | -123,173,000 | -107,826,000 | -49,904,000 | -85,820,000 | -76,846,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 392,268,000 | 0 | 0 | 349,728,000 | 0 | 0 | 372,468,000 | 0 | 0 | 200,942,000 | 0 | 0 | 514,928,000 | 0 | 0 | 670,528,000 | 0 | 0 | 203,954,000 | 0 | 0 | 230,933,000 | 0 | 0 | 228,110,000 | 0 | 0 | 266,743,000 | 0 | 0 | 253,172,000 | 0 | 0 | 294,335,000 | 0 | 0 | 225,262,000 | 0 | 0 | 141,088,000 | 0 | 0 | 235,962,000 | 0 | 0 | 138,929,000 | 79,214,706 | -79,214,706 | 0 | 79,294,000 | |||||||||||||||
cash and cash equivalents at end of period | 244,343,000 | 40,469,000 | -2,509,000 | 220,674,000 | 6,829,000 | 30,924,000 | 192,803,000 | 137,962,000 | 59,995,000 | 210,478,000 | 85,760,000 | 69,785,000 | 191,449,000 | -121,272,000 | 21,922,000 | 599,659,000 | 207,312,000 | 68,945,000 | 163,194,000 | 39,225,000 | -841,000 | 184,354,000 | 53,844,000 | -73,379,000 | 199,582,000 | -58,962,000 | 157,490,000 | 143,570,000 | 28,970,000 | 128,787,000 | 145,346,000 | 67,471,000 | -49,904,000 | 208,515,000 | 56,939,000 | -17,438,000 | 199,161,000 | -29,546,000 | 103,486,000 | 166,367,000 | 63,144,000 | -2,454,000 | 159,116,000 | 130,651,000 | 65,475,000 | 138,657,000 | 138,719,532 | -153,475,532 | 42,891,000 | 110,794,000 | |||||||||||||||
supplemental information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 4,063,000 | 4,260,000 | 3,645,000 | 4,112,000 | 4,369,000 | 4,574,000 | 5,082,000 | 5,146,000 | 5,425,000 | 4,648,000 | 4,352,000 | 3,562,000 | 3,135,000 | 2,117,000 | 765,000 | 333,000 | 216,000 | 309,000 | 277,000 | 297,000 | 311,000 | 537,000 | 460,000 | 465,000 | 964,000 | 1,350,000 | 1,335,000 | 1,272,000 | 1,224,000 | 1,242,000 | 1,000,000 | 792,000 | 667,000 | 658,000 | 564,000 | 480,000 | 476,000 | 500,000 | 508,000 | 508,000 | 501,000 | -1,180,000 | 2,199,000 | 532,000 | 582,000 | 620,000 | 768,000 | 485,000 | 618,000 | -1,473,000 | 2,930,000 | 729,000 | 669,000 | 795,000 | 777,000 | 782,000 | 842,000 | 1,038,000 | 1,044,000 | 1,156,000 | 1,186,000 | 4,889,432 | -2,336,432 | 1,215,000 | 1,125,000 |
cash paid for income taxes | 22,000 | 246,000 | 217,000 | 4,624,000 | 49,000 | 1,414,000 | 1,060,000 | 2,974,000 | 61,000 | 2,525,000 | 2,177,000 | 4,459,000 | 139,000 | 2,865,000 | 2,922,000 | 2,500,000 | 109,000 | 1,461,000 | 1,012,000 | 3,030,000 | 134,000 | 1,165,000 | 1,348,000 | 2,077,000 | 142,000 | 956,000 | 2,103,000 | 4,537,000 | 8,000 | 2,947,000 | 2,331,000 | 1,182,000 | 263,000 | 1,919,000 | 2,606,000 | 1,954,000 | 1,198,000 | 1,933,000 | 2,341,000 | 1,116,000 | 1,671,000 | 3,689,000 | 867,000 | 1,692,000 | 1,942,000 | 3,224,000 | 2,515,000 | 1,414,000 | 1,323,000 | 2,407,000 | 2,867,000 | 1,546,000 | 1,445,000 | 1,441,000 | 1,593,000 | 3,080,000 | 293,000 | 76,000 | 2,076,000 | 3,770,000 | 365,000 | 7,926,379 | -5,342,379 | 2,849,000 | 2,501,000 |
loss on sales of securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for (release of) credit losses | 92,000 | -140,000 | 500,000 | 550,000 | 70,000 | 230,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in bank-owned life insurance | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asc 715 pension adjustment, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of securities available-for-sale | 23,012,000 | 35,141,000 | 0 | 530,000 | 0 | 49,635,000 | 61,418,000 | 0 | 2,317,000 | 20,584,000 | 30,074,000 | 10,125,000 | 2,991,000 | 2,314,000 | 0 | 0 | 19,629,000 | 0 | 0 | 3,547,000 | 1,101,000 | 0 | 0 | 48,977,000 | 9,543,000 | 0 | 0 | 2,452,000 | 19,039,000 | 0 | 33,395,000 | 20,754,000 | 45,198,000 | 0 | 1,076,000 | 31,006,000 | 35,639,000 | 28,021,000 | 36,513,000 | 3,485,000 | 15,090,000 | 14,659,000 | 525,000 | 0 | 4,904,000 | 501,000 | |||||||||||||||||||
proceeds from maturities of securities available-for-sale | 15,820,000 | 22,674,000 | 26,897,000 | 89,062,000 | 14,559,000 | 9,823,000 | 6,909,000 | 9,337,000 | 13,164,000 | 15,469,000 | 15,383,000 | 14,163,000 | 16,194,000 | 13,686,000 | 13,056,000 | 23,096,000 | 47,113,000 | 20,184,000 | 16,475,000 | 12,982,000 | 14,148,000 | 3,501,000 | 7,840,000 | 5,337,000 | 4,824,000 | 12,075,000 | 8,667,000 | 6,344,000 | 11,030,000 | 10,300,000 | 8,162,000 | 8,071,000 | 17,623,000 | 13,554,000 | 10,361,000 | 8,744,000 | 10,865,000 | 7,070,000 | 9,930,000 | 13,650,000 | 7,810,000 | 9,550,000 | 500,000 | 4,210,000 | 4,080,000 | 7,435,000 | 3,879,000 | 2,788,000 | 4,015,000 | 4,978,000 | 980,000 | 2,990,000 | 2,950,000 | 8,325,000 | 2,505,000 | 2,295,000 | 5,385,000 | 4,767,230 | -1,172,230 | ||||||
purchases of securities available-for-sale | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in loans | -3,602,000 | -16,395,000 | -24,995,000 | -22,679,000 | 25,302,000 | 16,228,000 | 14,525,000 | 12,533,000 | -77,613,000 | 17,592,000 | -16,500,000 | -1,864,000 | 17,615,000 | 3,478,000 | -28,138,000 | 8,270,000 | -11,872,000 | -593,000 | -12,759,000 | -17,125,000 | 35,097,000 | 10,088,000 | 6,318,000 | -8,123,000 | 20,464,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from sale of tem business | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in interest-bearing demand and savings deposits | 55,012,000 | -12,899,000 | -6,644,000 | -81,494,000 | 61,849,000 | 10,959,000 | -28,435,000 | 51,116,000 | -49,410,000 | -38,510,000 | 69,654,000 | 31,020,000 | -80,002,000 | 22,380,000 | 27,171,000 | 19,386,000 | 21,373,000 | 29,650,000 | 57,573,000 | 47,305,000 | 31,761,000 | 64,590,000 | 16,888,000 | 31,096,000 | 28,096,000 | 5,152,000 | 39,372,271 | 10,931,729 | 11,661,000 | -22,573,000 | |||||||||||||||||||||||||||||||||||
net increase in accounts and drafts payable | -5,513,000 | 212,813,000 | 7,389,000 | -83,054,000 | 144,917,000 | -34,085,000 | 43,279,000 | 60,905,000 | 64,215,000 | 85,314,000 | 9,327,000 | 51,639,000 | -80,172,000 | -38,261,000 | 56,141,000 | 39,892,000 | -47,444,000 | 64,387,000 | -64,363,000 | 27,825,000 | -25,345,000 | -42,170,000 | -40,475,000 | 31,774,000 | -47,971,000 | 40,698,000 | 27,706,000 | -98,602,000 | 9,741,000 | 59,829,000 | 31,163,000 | 10,742,000 | -20,778,000 | -41,339,000 | 63,542,000 | 19,767,000 | -126,183,000 | 56,125,000 | -88,038,000 | 82,633,000 | 86,451,000 | -1,952,000 | 85,731,306 | -96,902,306 | 47,499,000 | 49,528,000 | |||||||||||||||||||
net increase in cash and cash equivalents | 119,172,000 | 6,829,000 | 30,924,000 | -179,665,000 | -35,967,000 | 137,962,000 | 59,995,000 | 9,536,000 | 14,619,000 | -121,272,000 | 231,077,000 | 207,312,000 | -13,988,000 | -58,962,000 | -36,360,000 | 28,970,000 | 27,090,000 | 55,673,000 | 56,939,000 | -17,438,000 | -26,101,000 | -15,045,000 | -29,546,000 | 103,486,000 | 25,279,000 | -78,718,000 | 63,144,000 | -98,821,000 | 130,651,000 | 65,475,000 | -272,000 | 59,504,826 | -74,260,826 | 42,891,000 | 31,500,000 | ||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental noncash disclosures: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration for asset acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts receivable | -2,119,000 | 1,950,000 | 26,000 | 503,000 | -583,000 | -133,000 | 1,387,000 | 952,000 | -866,000 | -485,000 | 682,000 | 554,000 | -2,937,000 | 6,410,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
losses on sales of securities | 18,000 | 32,000 | 0 | 13,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of securities available-for-sale | -80,542,000 | -24,162,000 | -9,455,000 | -37,504,000 | 0 | -142,000 | -15,190,000 | -69,038,000 | -6,256,000 | -156,597,000 | -83,505,000 | -113,364,000 | -125,467,000 | -17,112,000 | -3,250,000 | -18,664,000 | -43,356,000 | -16,752,000 | -27,304,000 | -35,194,000 | -9,680,000 | -52,599,000 | -38,653,000 | -29,584,000 | -2,951,000 | -25,102,000 | -19,265,000 | -56,750,000 | -65,967,000 | -19,297,000 | -26,752,000 | -13,940,000 | -4,408,000 | -8,954,000 | -20,737,000 | -67,584,000 | -17,942,000 | -47,662,000 | -30,552,000 | -18,490,000 | -41,794,000 | -7,632,000 | -3,315,000 | -9,027,000 | -49,932,452 | 9,312,452 | |||||||||||||||||||
net cash fromvesting activities - continuing operations | -70,963,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (provided by) used in financing activities - discontinued operations | -3,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fasb asc 715 pension adjustment, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of bank-owned life insurance | 538,000 | -279,000 | -272,000 | -3,987,000 | -251,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | 898,000 | 474,000 | 1,226,000 | 342,000 | 938,000 | 909,000 | 1,950,000 | 2,253,000 | 1,307,000 | 2,082,000 | 1,090,000 | 274,000 | 1,066,000 | 826,000 | 693,000 | -10,000 | 799,000 | 756,000 | 722,000 | 858,000 | 869,000 | 560,000 | 857,000 | 768,000 | 761,000 | 839,000 | 638,000 | 681,000 | 561,000 | 560,000 | 537,000 | 488,000 | 486,000 | 486,000 | 499,000 | 516,000 | 512,000 | 514,000 | 517,000 | 505,000 | 505,000 | 512,000 | 519,000 | 540,000 | 517,000 | 497,000 | 421,000 | 349,000 | 348,000 | 351,000 | 351,000 | 347,000 | 343,000 | 350,000 | 350,000 | 1,470,867 | -744,867 | 354,000 | 392,000 | ||||||
increase in pension liability | 212,000 | 211,000 | 212,000 | 460,000 | 122,000 | 123,000 | 101,000 | -640,000 | -559,000 | -958,000 | -630,000 | 336,000 | 1,108,000 | 1,148,000 | 1,088,000 | 1,079,000 | -5,258,000 | 1,298,000 | 1,295,000 | 1,295,000 | 953,000 | 1,225,000 | 1,232,000 | 1,231,000 | 4,532,000 | 1,166,000 | 1,155,000 | 1,155,000 | 1,035,000 | 1,092,000 | 1,005,000 | 1,005,000 | 924,000 | 1,207,000 | 1,209,000 | 1,210,000 | 572,000 | 1,354,000 | -231,000 | 587,000 | 488,000 | 628,000 | 625,000 | 421,000 | 74,000 | 129,000 | 55,000 | 171,000 | 60,000 | -396,360 | 199,000 | 198,000 | |||||||||||||
net decrease in noninterest-bearing demand deposits | -111,480,000 | -2,485,000 | -68,645,000 | 55,341,000 | -62,865,000 | 51,613,000 | -12,096,000 | -42,080,000 | 5,039,000 | 7,441,000 | -23,626,000 | -10,859,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on sales of securities | -39,000 | 0 | -13,000 | -7,000 | 1,000 | 3,000 | -48,000 | 0 | 0 | -1,069,000 | -267,000 | -1,168,000 | -966,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
provision for (release of) for credit losses | 95,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(release of) provision for credit losses | -215,000 | 125,000 | -120,000 | -340,000 | -600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset acquisition of touchpoint | -389,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in time deposits | 4,980,000 | -6,747,000 | -1,053,000 | -3,743,000 | -3,516,000 | -743,000 | -302,000 | 147,000 | -739,000 | -3,449,000 | -4,464,000 | -4,320,000 | -3,654,000 | -1,912,000 | -6,028,000 | -2,584,000 | -1,570,000 | -3,373,000 | 7,846,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net decrease in short-term borrowings | 0 | 0 | -18,000,000 | 6,987 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 2,664,000 | 2,735,000 | 2,912,000 | 3,173,000 | 3,189,000 | 2,978,000 | 2,878,000 | 2,827,000 | 2,774,000 | 2,790,000 | 2,836,000 | 2,737,000 | 2,667,000 | 2,699,000 | 2,714,000 | 2,702,000 | 2,804,000 | 3,018,000 | 2,980,000 | 2,890,000 | 2,767,000 | 2,704,000 | 2,465,000 | 2,351,000 | 2,306,000 | 2,307,000 | 2,383,000 | 2,262,000 | 2,133,000 | 2,081,000 | 2,145,000 | 1,985,000 | 2,074,000 | 1,977,000 | 2,175,000 | 1,896,000 | 1,447,000 | 1,828,000 | 1,976,000 | 1,828,000 | 1,597,000 | 1,515,000 | 1,233,000 | 1,067,000 | 1,137,000 | 1,091,000 | 4,022,923 | -2,064,923 | 1,037,000 | 1,031,000 | |||||||||||||||
decrease in deferred income tax asset | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in pension liability | -603,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net change in accounts and drafts payable and other customer receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in payments in advance of funding | -38,195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax expense | -819,000 | -878,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset acquisition of gateway giving, llc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(release of) provision for credit losses / loan losses | 340,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in payments in excess of funding | -82,117,000 | 818,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in income tax benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in income tax liability | -1,443,000 | 1,355,000 | 1,512,000 | -330,000 | -2,771,000 | 1,717,000 | -864,000 | 285,000 | 1,352,000 | -197,000 | 281,000 | 467,000 | -616,000 | 378,000 | 1,797,000 | -315,000 | 31,000 | 558,000 | 365,000 | -2,139,000 | 572,000 | 537,000 | -121,000 | 304,000 | -880,000 | 1,770,000 | 1,868,000 | ||||||||||||||||||||||||||||||||||||||
increase in payments in excess of funding | -21,912,000 | -2,687,000 | 2,067,000 | -33,877,000 | -11,395,000 | -2,176,000 | 3,721,000 | -18,454,000 | 10,340,000 | -16,428,000 | -6,535,000 | -5,139,000 | 5,062,000 | -5,345,000 | 20,982,000 | -16,932,000 | -23,605,000 | -23,022,000 | 10,389,000 | -14,066,000 | -4,554,000 | -5,897,000 | 10,509,000 | -4,890,000 | -3,516,000 | -4,247,000 | 2,453,000 | -6,828,000 | -15,463,000 | -7,931,000 | -5,512,000 | ||||||||||||||||||||||||||||||||||
net cash from (used) in financing activities | 7,124,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net losses on sales of securities | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for credit/loan losses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for loan losses | 0 | 400,000 | 325,000 | 0 | 0 | 0 | 250,000 | 0 | 0 | -1,000,000 | 0 | 300,000 | 200,000 | 0 | 600,000 | 200,000 | 550,000 | 850,000 | 450,000 | 1,150,000 | 900,000 | ||||||||||||||||||||||||||||||||||||||||||||
decrease in income tax liability | -66,000 | 1,498,249 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of gateway giving, llc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from by financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on sales of securities | -11,000 | -13,000 | 0 | 0 | -79,000 | -308,000 | 0 | -1,271,000 | -690,000 | -949,000 | 0 | -21,000 | -866,000 | -1,684,000 | -1,453,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in payments in excess of funding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provisions for loan losses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in income tax benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in interest-bearing demand and savings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in payments in excess of funding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used in investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in income tax benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in income tax liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase (decrease) in time deposits | 949,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) increase in income tax liability | -649,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in loans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in payments in excess of funding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase (decrease) in noninterest-bearing demand deposits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in income tax benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in income tax benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
environmental management acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution of stock awards | 15,000 | 12,000 | -462,000 | -502,000 | -170,000 | -208,000 | -193,000 | 7,000 | -135,000 | 0 | -136,000 | -113,000 | 250,749 | 0 | -251,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of shares for treasury | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided by operating activities | 8,780,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in pension liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of common shares of treasury | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of waste expense management service company’s assets | 0 | 0 | -7,798,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic insurance prepayment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of loans to foreclosed assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loan losses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in payments in excess of funding | 12,145,526 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) provided by investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash proceeds from exercise of stock options |