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style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">98,790</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">85,551</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Service cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,017</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,733</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,703</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,621</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Actuarial (gain) loss</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(7,768</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,916</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Benefits paid</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(2,341</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(2,031</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Balance, December 31</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">96,401</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">98,790</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Plan assets:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Fair value, January 1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">81,427</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">73,168</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Actual return</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,506</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,290</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Employer contribution</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Benefits paid</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(2,341</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(2,031</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Fair value, December 31</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">74,580</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">81,427</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Funded status:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Accrued pension liability</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">(21,821</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">(17,363</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">)</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">A summary of the activity in the SERP&#8217;s projected benefit obligation, funded status and amounts recognized in the Company&#8217;s consolidated balance sheets is as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="7" style="width: 11%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Benefit obligation:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Balance, January 1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,094</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,132</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Service cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">92</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">143</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">348</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">360</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Benefits paid</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(260</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(247</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Actuarial (gain) loss</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(177</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">706</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Balance, December 31</font></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">10,097</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">10,094</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The following represent the major assumptions used to determine the projected benefit obligation of the Plan. For 2018, 2017 and 2016, the Plan&#8217;s expected benefit cash flows were discounted using the Citibank Above Median Curve. For 2018, the RP-2014 Mortality Table and the MP-2018 Mortality Improvement Table were used. For 2017, the RP-2014 Mortality Table and MP-2017 Mortality Improvement Table were used. 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line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Amount</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2019</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,893,000</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; 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white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,621</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,505</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 82%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Expected return on plan assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; 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white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Net amortization and deferral</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,522</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,382</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,259</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 82%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Net periodic pension cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">4,040</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">4,055</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">3,589</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The SERP&#8217;s pension cost included the following components:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="8" style="width: 14%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">For the Year Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Service cost &#8211; benefits earned during the year</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">92</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">143</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">133</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest cost on projected benefit obligations</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">348</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">360</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">367</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Net amortization and deferral</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">581</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">324</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">295</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Net periodic pension cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1,021</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">827</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">795</font></td></tr></table> </div> 2121000 4070000 4656000 -4709000 237121 10290000 -4506000 387000 387000 -42000 -42000 1276000 1349000 1335000 3750000 0 false false false 2105000 2172000 2668000 29.86 14523407 0 278153000 -17363000 -21821000 1824000 80000 74000 45431000 18729000 24088000 2614000 47667000 20634000 23732000 3301000 50348000 22273000 23706000 4369000 1160700000 545726000 614974000 1203479000 1215386000 604493000 598986000 642733000 572653000 0.35 0.35 0.21 5550000 5691000 2422000 <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 1<br /></font></b><b><font style="font: x-small Times New Roman">Summary of Significant Accounting Policies</font></b></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Summary of Operations </font></i></b><font style="font: x-small Times New Roman">Cass Information Systems, Inc</font><b><font style="font: x-small Times New Roman">. </font></b><font style="font: x-small Times New Roman">(the &#8220;Company&#8221;) provides payment and information services, which include processing and payment of transportation, energy, telecommunications and environmental invoices. These services include the acquisition and management of data, information delivery and financial exchange. The consolidated balance sheet captions, &#8220;Accounts and drafts payable&#8221; and &#8220;Payments in excess of funding,&#8221; represent the Company&#8217;s resulting financial position related to the payment services that are performed for customers. The Company also provides a full range of banking services to individual, corporate and institutional customers through Cass Commercial Bank (the &#8220;Bank&#8221;), its wholly owned bank subsidiary.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Basis of Presentation </font></i></b><font style="font: x-small Times New Roman">The accounting and reporting policies of the Company and its subsidiaries conform to U.S. generally accepted accounting principles (&#8220;GAAP&#8221;). The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries after elimination of intercompany transactions. Certain amounts in the 2017 and 2016 consolidated financial statements have been reclassified to conform to the 2018 presentation. Such reclassifications have no effect on previously reported net income or shareholders&#8217; equity. The Company issued a 20% stock dividend on December 14, 2018. The share and per share information have been restated unless indicated otherwise for all periods presented in the accompanying consolidated financial statements.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Use of Estimates </font></i></b><font style="font: x-small Times New Roman">In preparing the consolidated financial statements, Company management is required to make estimates and assumptions which significantly affect the reported amounts in the consolidated financial statements.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Cash and Cash Equivalents </font></i></b><font style="font: x-small Times New Roman">For purposes of the consolidated statements of cash flows, the Company considers cash and due from banks, interest-bearing deposits in other financial institutions, federal funds sold and other short-term investments as segregated in the accompanying consolidated balance sheets to be cash equivalents.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Investment in Debt Securities </font></i></b><font style="font: x-small Times New Roman">The Company classifies its debt marketable securities as available-for-sale. Securities classified as available-for-sale are carried at fair value. Unrealized gains and losses, net of the related tax effect, are excluded from earnings and reported in accumulated other comprehensive income, a component of shareholders&#8217; equity. A decline in the fair value of any available-for-sale security below cost that is deemed other than temporary results in a charge to earnings and the establishment of a new cost basis for the security. To determine whether impairment is other than temporary, the Company considers guidance provided in the Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting Standards Codification (&#8220;ASC&#8221;) Topic 320 - </font><i><font style="font: x-small Times New Roman">Investments &#8211; Debt and Equity Securities</font></i><font style="font: x-small Times New Roman">. When determining whether a debt security is other-than-temporarily impaired, the Company assesses whether it has the intent to sell the security and whether it is more likely than not that the Company will be required to sell prior to recovery of the amortized cost basis. Evidence considered in this assessment includes the reasons for impairment, the severity and duration of the impairment, changes in value subsequent to year-end and forecasted performance of the investee. Premiums and discounts are amortized or accreted to interest income over the estimated lives of the securities using the level-yield method. Interest income is recognized when earned. Gains and losses are calculated using the specific identification method.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Allowance for Loan Losses (&#8220;ALLL&#8221;) </font></i></b><font style="font: x-small Times New Roman">The ALLL is increased by provisions charged to expense and is available to absorb charge-offs, net of recoveries. Management utilizes a systematic, documented approach in determining the appropriate level of the ALLL. Management&#8217;s approach provides for estimated credit losses on individually evaluated loans in accordance with FASB ASC 310 - </font><i><font style="font: x-small Times New Roman">Allowance for Credit Losses </font></i><font style="font: x-small Times New Roman">(&#8220;ASC 310&#8221;). These estimates are based upon a number of factors, such as payment history, financial condition of the borrower, expected future cash flows and discounted collateral exposure.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Estimated credit losses inherent in the remainder of the portfolio are estimated in accordance with FASB ASC 450 - </font><i><font style="font: x-small Times New Roman">Contingencies</font></i><font style="font: x-small Times New Roman">. These loans are segmented into groups based on similar risk characteristics. Historical loss rates for each risk group, which are updated quarterly, are generally quantified using all recorded loan charge-offs and recoveries over a prescribed look-back period. These historical loss rates for each risk group are used as the starting point to determine the level of the allowance. The Company&#8217;s methodology incorporates an estimated loss emergence period for each risk group. The loss emergence period is the period of time from when a borrower experiences a loss event and when the actual loss is recognized in the financial statements, generally at the time of initial charge-off of the loan balance. The Company&#8217;s methodology also includes qualitative risk factors that allow management to adjust its estimates of losses based on the most recent information available and to address other limitations in the quantitative component that is based on historical loss rates. Such risk factors are generally reviewed and updated quarterly, as appropriate, and are adjusted to reflect changes in national and local economic conditions and developments, the volume and severity of delinquent and internally classified loans, loan concentrations, assessment of trends in collateral values, assessment of changes in borrowers&#8217; financial stability, and changes in lending policies and procedures, including underwriting standards and collections, charge-off and recovery practices.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Management believes the ALLL is adequate to absorb probable losses in the loan portfolio. Additionally, various regulatory agencies, as an integral part of their examination process, periodically review the Company&#8217;s ALLL. Such agencies may require the Company to increase the ALLL based on their judgments and interpretations about information available to them at the time of their examinations.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Premises and Equipment </font></i></b><font style="font: x-small Times New Roman">Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation is computed over the estimated useful lives of the assets, or the respective lease terms for leasehold improvements, using straight-line and accelerated methods. Estimated useful lives do not exceed 40 years for buildings, the lesser of 10 years or the life of the lease for leasehold improvements and range from 3 to 7 years for software, equipment, furniture and fixtures. Maintenance and repairs are charged to expense as incurred.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Intangible Assets </font></i></b><font style="font: x-small Times New Roman">Cost in excess of fair value of net assets acquired has resulted from business acquisitions. Goodwill and intangible assets with indefinite useful lives are not amortized, but instead are tested for impairment at least annually. Intangible assets with definite useful lives are amortized on a straight-line basis over their respective estimated useful lives.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Periodically, the Company reviews intangible assets for events or changes in circumstances that may indicate that the carrying amount of the assets may not be recoverable. Based on those reviews, adjustments of recorded amounts have not been required.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Non-marketable Equity Investments </font></i></b><font style="font: x-small Times New Roman">The Company accounts for non-marketable equity investments, in which it holds less than a 20% ownership, under the cost method. Under the cost method of accounting, investments are carried at cost and are adjusted only for other than temporary declines in fair value, distributions of earnings and additional investments. The Company periodically evaluates whether any declines in fair value of its investments are other than temporary. In performing this evaluation, the Company considers various factors including any decline in market price, where available, the investee's financial condition, results of operations, operating trends and other financial ratios. Non-marketable equity investments are included in other assets on the consolidated balance sheets.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Foreclosed Assets </font></i></b><font style="font: x-small Times New Roman">Real estate acquired as a result of foreclosure is initially recorded at fair value less estimated selling costs. Fair value is generally determined through the receipt of appraisals. Any write down to fair value at the time the property is acquired is recorded as a charge-off to the allowance for loan losses. Any decline in the fair value of the property subsequent to acquisition is recorded as a charge to non-interest expense.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Treasury Stock </font></i></b><font style="font: x-small Times New Roman">Purchases of the Company&#8217;s common stock are recorded at cost. Upon reissuance, treasury stock is reduced based upon the average cost basis of shares held.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Comprehensive Income </font></i></b><font style="font: x-small Times New Roman">Comprehensive income consists of net income, changes in net unrealized gains (losses) on available-for-sale securities and pension liability adjustments and is presented in the accompanying consolidated statements of shareholders' equity and consolidated statements of comprehensive income.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Loans </font></i></b><font style="font: x-small Times New Roman">Interest on loans is recognized based upon the principal amounts outstanding. It is the Company&#8217;s policy to discontinue the accrual of interest when there is reasonable doubt as to the collectability of principal or interest. Subsequent payments received on such loans are applied to principal if there is any doubt as to the collectability of such principal; otherwise, these receipts are recorded as interest income. The accrual of interest on a loan is resumed when the loan is current as to payment of both principal and interest and/or the borrower demonstrates the ability to pay and remain current. Loan origination and commitment fees on originated loans, net of certain direct loan origination costs, are deferred and amortized to interest income using the level-yield method over the estimated lives of the related loans.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Impairment of Loans </font></i></b><font style="font: x-small Times New Roman">A loan is considered impaired when it is probable that a creditor will be unable to collect all amounts due, both principal and interest, according to the contractual terms of the loan agreement. When measuring impairment, the expected future cash flows of an impaired loan are discounted at the loan's effective interest rate. Alternatively, impairment could be measured by reference to an observable market price, if one exists, or the fair value of the collateral for a collateral-dependent loan. Regardless of the historical measurement method used, the Company measures impairment based on the fair value of the collateral when the Company determines foreclosure is probable. Additionally, impairment of a restructured loan is measured by discounting the total expected future cash flows at the loan's effective rate of interest as stated in the original loan agreement. The Company uses its nonaccrual methods as discussed above for recognizing interest on impaired loans.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Information Services Revenue </font></i></b><font style="font: x-small Times New Roman">A majority of the Company&#8217;s revenues are attributable to fees for providing services. These services include transportation invoice rating, payment processing, auditing, and the generation of accounting and transportation information. The Company also processes, pays and generates management information from electric, gas, telecommunications, environmental, and other invoices. The specific payment and information processing services provided to each customer are developed individually to meet each customer&#8217;s specific requirements. The Company enters into service agreements with customers typically for fixed fees per transaction that are invoiced monthly. Revenues are recognized in the period services are rendered and earned under the service agreements, as long as collection is reasonably assured.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Income Taxes </font></i></b><font style="font: x-small Times New Roman">Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. Deferred tax assets are reduced if necessary, by a deferred tax asset valuation allowance. In the event that management determines it is more likely than not that it will not be able to realize all or part of net deferred tax assets in the future, the Company adjusts the recorded value of deferred tax assets, which would result in a direct charge to income tax expense in the period that such determination is made. Likewise, the Company will reverse the valuation allowance when realization of the deferred tax asset is expected. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company and its subsidiaries file U.S. federal and certain state income tax returns on a consolidated basis. In addition, certain state jurisdictions are filed on a separate company basis by the Company or its subsidiaries.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The Company recognizes and measures income tax benefits using a two-step model: 1) a tax position must be more likely than not to be sustained based solely on its technical merits in order to be recognized; and 2) the benefit must be measured as the largest dollar amount of that position that is more likely than not to be sustained upon settlement. The difference between the benefit recognized for a tax position in this model and the tax benefit claimed on a tax return is treated as an unrecognized tax benefit. The Company recognizes income tax related interest and penalties in income tax expense.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Earnings Per Share </font></i></b><font style="font: x-small Times New Roman">Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the sum of the weighted average number of common shares outstanding and the weighted average number of potential common shares outstanding.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Stock-Based Compensation </font></i></b><font style="font: x-small Times New Roman">The Company follows FASB ASC 718 - </font><i><font style="font: x-small Times New Roman">Accounting for Stock Options and Other Stock-based Compensation </font></i><font style="font: x-small Times New Roman">(&#8220;ASC 718&#8221;), which requires that all stock-based compensation be recognized as an expense in the financial statements and that such cost be measured at the fair value of the award. FASB ASC 718 also requires that excess tax benefits related to stock option exercises and restricted stock awards be reflected as financing cash inflows instead of operating cash inflows.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Pension Plans </font></i></b><font style="font: x-small Times New Roman">The amounts recognized in the consolidated financial statements related to pension are determined from actuarial valuations. Inherent in these valuations are assumptions including expected return on plan assets, discount rates at which the liabilities could be settled at December 31, 2018, rate of increase in future compensation levels and mortality rates. These assumptions are updated annually and are disclosed in Note 10. The Company follows FASB ASC 715 - </font><i><font style="font: x-small Times New Roman">Compensation &#8211; Retirement Benefits </font></i><font style="font: x-small Times New Roman">(&#8220;ASC 715&#8221;), which requires companies to recognize the overfunded or underfunded status of a defined benefit postretirement plan as an asset or liability in its consolidated balance sheet and to recognize changes in that funded status in the year in which the changes occur through comprehensive income. The funded status is measured as the difference between the fair value of the plan assets and the projected benefit obligation as of the date of its fiscal year-end.</font></p> <p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Fair Value Measurements </font></i></b><font style="font: x-small Times New Roman">The Company follows the provisions of FASB ASC 820 - </font><i><font style="font: x-small Times New Roman">Fair Value Measurements and Disclosures</font></i><font style="font: x-small Times New Roman">, which defines fair value, establishes a framework for measuring fair value in GAAP, and outlines disclosures about fair value measurements. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. A three-level hierarchy for valuation techniques is used to measure financial assets and financial liabilities at fair value. This hierarchy is based on whether the valuation inputs are observable or unobservable. Financial instrument valuations are considered Level 1 when they are based on quoted prices in active markets for identical assets or liabilities. Level 2 financial instrument valuations use quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Financial instrument valuations are considered Level 3 when they are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable, and when determination of the fair value requires significant management judgment or estimation. The Company records securities available for sale at their fair values on a recurring basis using Level 2 valuations. Additionally, the Company records impaired loans and other real estate owned at their fair value on a nonrecurring basis. The nonrecurring fair value adjustments typically involve application of lower-of-cost-or-market accounting or impairment write-downs of individual assets.</font></p> <p style="text-align: justify"><b><font style="font: x-small Times New Roman">Impact of New and Not Yet Adopted Accounting Pronouncements</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">In May 2014, the FASB issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2014-09 &#8211; </font><i><font style="font: x-small Times New Roman">Revenue from Contracts with Customers</font></i><font style="font: x-small Times New Roman">. The ASU supersedes revenue recognition requirements in Topic 605, Revenue Recognition, including most industry-specific revenue recognition guidance in the FASB Accounting Standards Codification (&#8220;ASC&#8221;). The core principle of the new guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance identifies specific steps that entities should apply in order to achieve this principle. Under the ASU, the amendments are effective for interim and annual periods beginning January 1, 2018 and must be applied retrospectively.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">On January 1, 2018, the Company adopted Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting Standards Codification (&#8220;ASC&#8221;) 606, </font><i><font style="font: x-small Times New Roman">Revenue from Contracts with Customers </font></i><font style="font: x-small Times New Roman">(&#8220;FASB ASC 606&#8221;), and selected the modified retrospective transition method. The adoption of this new standard did not impact the Company&#8217;s results of operations or balance sheet and there was no cumulative effect of initially applying this new revenue standard to the opening balance of retained earnings. Since interest income on loans and securities are both excluded from this topic, a significant portion of the Company&#8217;s revenues are not subject to the new guidance. The services that fall within the scope of FASB ASC 606 are presented within fee revenue and other income in the Consolidated Statements of Income and are recognized as revenue as the obligation to the customer is satisfied. Services within the scope of FASB ASC 606 include invoice processing and payment fees, bank service fees, and other real estate owned (&#8220;OREO&#8221;).</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">In February 2016, the FASB issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2016-02 &#8211; </font><i><font style="font: x-small Times New Roman">Leases (ASC Topic 842)</font></i><font style="font: x-small Times New Roman">. The ASU improves financial reporting about leasing transactions. The ASU affects all companies and other organizations that lease assets such as real estate, airplanes, and manufacturing equipment. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP&#8212;which requires only capital leases to be recognized on the balance sheet&#8212;the new ASU will require both types of leases to be recognized on the balance sheet. The ASU also will require disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. These disclosures include qualitative and quantitative requirements, providing additional information about the amounts recorded in the financial statements. The ASU on leases will take effect for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. A third-party vendor solution has been selected to assist in the application of ASU 2016-02. The Company will adopt this ASU using a prospective transition approach, which applies the provisions of the new guidance at the effective date without adjusting the comparative periods presented. The adoption of this ASU is expected to add assets and liabilities of approximately $9-11 million to the Company&#8217;s balance sheet.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">In June 2016, the FASB issued ASU No. 2016-13 - Financial Instruments &#8211; </font><i><font style="font: x-small Times New Roman">Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</font></i><font style="font: x-small Times New Roman">. The ASU requires measurement and recognition of expected credit losses for financial assets held. Under this standard, it will be required to hold an allowance equal to the expected life-of-loan losses on the loan portfolio. The standard is effective for fiscal periods beginning after December 15, 2019. The Company expects to recognize a one-time cumulative effect adjustment to the allowance for loan losses as of the beginning of the first reporting period in which the new standard is effective, but cannot yet determine the magnitude of any such one-time adjustment or the overall impact of the new guidance on the consolidated financial statements.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Summary of Operations </font></i></b><font style="font: x-small Times New Roman">Cass Information Systems, Inc</font><b><font style="font: x-small Times New Roman">. </font></b><font style="font: x-small Times New Roman">(the &#8220;Company&#8221;) provides payment and information services, which include processing and payment of transportation, energy, telecommunications and environmental invoices. These services include the acquisition and management of data, information delivery and financial exchange. The consolidated balance sheet captions, &#8220;Accounts and drafts payable&#8221; and &#8220;Payments in excess of funding,&#8221; represent the Company&#8217;s resulting financial position related to the payment services that are performed for customers. The Company also provides a full range of banking services to individual, corporate and institutional customers through Cass Commercial Bank (the &#8220;Bank&#8221;), its wholly owned bank subsidiary.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Basis of Presentation </font></i></b><font style="font: x-small Times New Roman">The accounting and reporting policies of the Company and its subsidiaries conform to U.S. generally accepted accounting principles (&#8220;GAAP&#8221;). The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries after elimination of intercompany transactions. Certain amounts in the 2017 and 2016 consolidated financial statements have been reclassified to conform to the 2018 presentation. Such reclassifications have no effect on previously reported net income or shareholders&#8217; equity. The Company issued a 20% stock dividend on December 14, 2018. The share and per share information have been restated unless indicated otherwise for all periods presented in the accompanying consolidated financial statements.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Use of Estimates </font></i></b><font style="font: x-small Times New Roman">In preparing the consolidated financial statements, Company management is required to make estimates and assumptions which significantly affect the reported amounts in the consolidated financial statements.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Cash and Cash Equivalents </font></i></b><font style="font: x-small Times New Roman">For purposes of the consolidated statements of cash flows, the Company considers cash and due from banks, interest-bearing deposits in other financial institutions, federal funds sold and other short-term investments as segregated in the accompanying consolidated balance sheets to be cash equivalents.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Investment in Debt Securities </font></i></b><font style="font: x-small Times New Roman">The Company classifies its debt marketable securities as available-for-sale. Securities classified as available-for-sale are carried at fair value. Unrealized gains and losses, net of the related tax effect, are excluded from earnings and reported in accumulated other comprehensive income, a component of shareholders&#8217; equity. A decline in the fair value of any available-for-sale security below cost that is deemed other than temporary results in a charge to earnings and the establishment of a new cost basis for the security. To determine whether impairment is other than temporary, the Company considers guidance provided in the Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting Standards Codification (&#8220;ASC&#8221;) Topic 320 - </font><i><font style="font: x-small Times New Roman">Investments &#8211; Debt and Equity Securities</font></i><font style="font: x-small Times New Roman">. When determining whether a debt security is other-than-temporarily impaired, the Company assesses whether it has the intent to sell the security and whether it is more likely than not that the Company will be required to sell prior to recovery of the amortized cost basis. Evidence considered in this assessment includes the reasons for impairment, the severity and duration of the impairment, changes in value subsequent to year-end and forecasted performance of the investee. Premiums and discounts are amortized or accreted to interest income over the estimated lives of the securities using the level-yield method. Interest income is recognized when earned. Gains and losses are calculated using the specific identification method.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Allowance for Loan Losses (&#8220;ALLL&#8221;) </font></i></b><font style="font: x-small Times New Roman">The ALLL is increased by provisions charged to expense and is available to absorb charge-offs, net of recoveries. Management utilizes a systematic, documented approach in determining the appropriate level of the ALLL. Management&#8217;s approach provides for estimated credit losses on individually evaluated loans in accordance with FASB ASC 310 - </font><i><font style="font: x-small Times New Roman">Allowance for Credit Losses </font></i><font style="font: x-small Times New Roman">(&#8220;ASC 310&#8221;). These estimates are based upon a number of factors, such as payment history, financial condition of the borrower, expected future cash flows and discounted collateral exposure.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Estimated credit losses inherent in the remainder of the portfolio are estimated in accordance with FASB ASC 450 - </font><i><font style="font: x-small Times New Roman">Contingencies</font></i><font style="font: x-small Times New Roman">. These loans are segmented into groups based on similar risk characteristics. Historical loss rates for each risk group, which are updated quarterly, are generally quantified using all recorded loan charge-offs and recoveries over a prescribed look-back period. These historical loss rates for each risk group are used as the starting point to determine the level of the allowance. The Company&#8217;s methodology incorporates an estimated loss emergence period for each risk group. The loss emergence period is the period of time from when a borrower experiences a loss event and when the actual loss is recognized in the financial statements, generally at the time of initial charge-off of the loan balance. The Company&#8217;s methodology also includes qualitative risk factors that allow management to adjust its estimates of losses based on the most recent information available and to address other limitations in the quantitative component that is based on historical loss rates. Such risk factors are generally reviewed and updated quarterly, as appropriate, and are adjusted to reflect changes in national and local economic conditions and developments, the volume and severity of delinquent and internally classified loans, loan concentrations, assessment of trends in collateral values, assessment of changes in borrowers&#8217; financial stability, and changes in lending policies and procedures, including underwriting standards and collections, charge-off and recovery practices.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Management believes the ALLL is adequate to absorb probable losses in the loan portfolio. Additionally, various regulatory agencies, as an integral part of their examination process, periodically review the Company&#8217;s ALLL. Such agencies may require the Company to increase the ALLL based on their judgments and interpretations about information available to them at the time of their examinations.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Premises and Equipment </font></i></b><font style="font: x-small Times New Roman">Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation is computed over the estimated useful lives of the assets, or the respective lease terms for leasehold improvements, using straight-line and accelerated methods. Estimated useful lives do not exceed 40 years for buildings, the lesser of 10 years or the life of the lease for leasehold improvements and range from 3 to 7 years for software, equipment, furniture and fixtures. Maintenance and repairs are charged to expense as incurred.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Intangible Assets </font></i></b><font style="font: x-small Times New Roman">Cost in excess of fair value of net assets acquired has resulted from business acquisitions. Goodwill and intangible assets with indefinite useful lives are not amortized, but instead are tested for impairment at least annually. Intangible assets with definite useful lives are amortized on a straight-line basis over their respective estimated useful lives.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Periodically, the Company reviews intangible assets for events or changes in circumstances that may indicate that the carrying amount of the assets may not be recoverable. Based on those reviews, adjustments of recorded amounts have not been required.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Non-marketable Equity Investments </font></i></b><font style="font: x-small Times New Roman">The Company accounts for non-marketable equity investments, in which it holds less than a 20% ownership, under the cost method. Under the cost method of accounting, investments are carried at cost and are adjusted only for other than temporary declines in fair value, distributions of earnings and additional investments. The Company periodically evaluates whether any declines in fair value of its investments are other than temporary. In performing this evaluation, the Company considers various factors including any decline in market price, where available, the investee's financial condition, results of operations, operating trends and other financial ratios. Non-marketable equity investments are included in other assets on the consolidated balance sheets.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Foreclosed Assets </font></i></b><font style="font: x-small Times New Roman">Real estate acquired as a result of foreclosure is initially recorded at fair value less estimated selling costs. Fair value is generally determined through the receipt of appraisals. Any write down to fair value at the time the property is acquired is recorded as a charge-off to the allowance for loan losses. Any decline in the fair value of the property subsequent to acquisition is recorded as a charge to non-interest expense.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Treasury Stock </font></i></b><font style="font: x-small Times New Roman">Purchases of the Company&#8217;s common stock are recorded at cost. Upon reissuance, treasury stock is reduced based upon the average cost basis of shares held.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Comprehensive Income </font></i></b><font style="font: x-small Times New Roman">Comprehensive income consists of net income, changes in net unrealized gains (losses) on available-for-sale securities and pension liability adjustments and is presented in the accompanying consolidated statements of shareholders' equity and consolidated statements of comprehensive income.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Loans </font></i></b><font style="font: x-small Times New Roman">Interest on loans is recognized based upon the principal amounts outstanding. It is the Company&#8217;s policy to discontinue the accrual of interest when there is reasonable doubt as to the collectability of principal or interest. Subsequent payments received on such loans are applied to principal if there is any doubt as to the collectability of such principal; otherwise, these receipts are recorded as interest income. The accrual of interest on a loan is resumed when the loan is current as to payment of both principal and interest and/or the borrower demonstrates the ability to pay and remain current. Loan origination and commitment fees on originated loans, net of certain direct loan origination costs, are deferred and amortized to interest income using the level-yield method over the estimated lives of the related loans.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Impairment of Loans </font></i></b><font style="font: x-small Times New Roman">A loan is considered impaired when it is probable that a creditor will be unable to collect all amounts due, both principal and interest, according to the contractual terms of the loan agreement. When measuring impairment, the expected future cash flows of an impaired loan are discounted at the loan's effective interest rate. Alternatively, impairment could be measured by reference to an observable market price, if one exists, or the fair value of the collateral for a collateral-dependent loan. Regardless of the historical measurement method used, the Company measures impairment based on the fair value of the collateral when the Company determines foreclosure is probable. Additionally, impairment of a restructured loan is measured by discounting the total expected future cash flows at the loan's effective rate of interest as stated in the original loan agreement. The Company uses its nonaccrual methods as discussed above for recognizing interest on impaired loans.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Information Services Revenue </font></i></b><font style="font: x-small Times New Roman">A majority of the Company&#8217;s revenues are attributable to fees for providing services. These services include transportation invoice rating, payment processing, auditing, and the generation of accounting and transportation information. The Company also processes, pays and generates management information from electric, gas, telecommunications, environmental, and other invoices. The specific payment and information processing services provided to each customer are developed individually to meet each customer&#8217;s specific requirements. The Company enters into service agreements with customers typically for fixed fees per transaction that are invoiced monthly. Revenues are recognized in the period services are rendered and earned under the service agreements, as long as collection is reasonably assured.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Income Taxes </font></i></b><font style="font: x-small Times New Roman">Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. Deferred tax assets are reduced if necessary, by a deferred tax asset valuation allowance. In the event that management determines it is more likely than not that it will not be able to realize all or part of net deferred tax assets in the future, the Company adjusts the recorded value of deferred tax assets, which would result in a direct charge to income tax expense in the period that such determination is made. Likewise, the Company will reverse the valuation allowance when realization of the deferred tax asset is expected. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company and its subsidiaries file U.S. federal and certain state income tax returns on a consolidated basis. In addition, certain state jurisdictions are filed on a separate company basis by the Company or its subsidiaries.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The Company recognizes and measures income tax benefits using a two-step model: 1) a tax position must be more likely than not to be sustained based solely on its technical merits in order to be recognized; and 2) the benefit must be measured as the largest dollar amount of that position that is more likely than not to be sustained upon settlement. The difference between the benefit recognized for a tax position in this model and the tax benefit claimed on a tax return is treated as an unrecognized tax benefit. The Company recognizes income tax related interest and penalties in income tax expense.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Earnings Per Share </font></i></b><font style="font: x-small Times New Roman">Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the sum of the weighted average number of common shares outstanding and the weighted average number of potential common shares outstanding.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Pension Plans </font></i></b><font style="font: x-small Times New Roman">The amounts recognized in the consolidated financial statements related to pension are determined from actuarial valuations. Inherent in these valuations are assumptions including expected return on plan assets, discount rates at which the liabilities could be settled at December 31, 2018, rate of increase in future compensation levels and mortality rates. These assumptions are updated annually and are disclosed in Note 10. The Company follows FASB ASC 715 - </font><i><font style="font: x-small Times New Roman">Compensation &#8211; Retirement Benefits </font></i><font style="font: x-small Times New Roman">(&#8220;ASC 715&#8221;), which requires companies to recognize the overfunded or underfunded status of a defined benefit postretirement plan as an asset or liability in its consolidated balance sheet and to recognize changes in that funded status in the year in which the changes occur through comprehensive income. The funded status is measured as the difference between the fair value of the plan assets and the projected benefit obligation as of the date of its fiscal year-end.</font></p></div> <div><p style="text-align: justify"><b><i><font style="font: x-small Times New Roman">Fair Value Measurements </font></i></b><font style="font: x-small Times New Roman">The Company follows the provisions of FASB ASC 820 - </font><i><font style="font: x-small Times New Roman">Fair Value Measurements and Disclosures</font></i><font style="font: x-small Times New Roman">, which defines fair value, establishes a framework for measuring fair value in GAAP, and outlines disclosures about fair value measurements. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. A three-level hierarchy for valuation techniques is used to measure financial assets and financial liabilities at fair value. This hierarchy is based on whether the valuation inputs are observable or unobservable. Financial instrument valuations are considered Level 1 when they are based on quoted prices in active markets for identical assets or liabilities. Level 2 financial instrument valuations use quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Financial instrument valuations are considered Level 3 when they are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable, and when determination of the fair value requires significant management judgment or estimation. The Company records securities available for sale at their fair values on a recurring basis using Level 2 valuations. Additionally, the Company records impaired loans and other real estate owned at their fair value on a nonrecurring basis. The nonrecurring fair value adjustments typically involve application of lower-of-cost-or-market accounting or impairment write-downs of individual assets.</font></p></div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Impact of New and Not Yet Adopted Accounting Pronouncements</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">In May 2014, the FASB issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2014-09 &#8211; </font><i><font style="font: x-small Times New Roman">Revenue from Contracts with Customers</font></i><font style="font: x-small Times New Roman">. The ASU supersedes revenue recognition requirements in Topic 605, Revenue Recognition, including most industry-specific revenue recognition guidance in the FASB Accounting Standards Codification (&#8220;ASC&#8221;). The core principle of the new guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance identifies specific steps that entities should apply in order to achieve this principle. Under the ASU, the amendments are effective for interim and annual periods beginning January 1, 2018 and must be applied retrospectively.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">On January 1, 2018, the Company adopted Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting Standards Codification (&#8220;ASC&#8221;) 606, </font><i><font style="font: x-small Times New Roman">Revenue from Contracts with Customers </font></i><font style="font: x-small Times New Roman">(&#8220;FASB ASC 606&#8221;), and selected the modified retrospective transition method. The adoption of this new standard did not impact the Company&#8217;s results of operations or balance sheet and there was no cumulative effect of initially applying this new revenue standard to the opening balance of retained earnings. Since interest income on loans and securities are both excluded from this topic, a significant portion of the Company&#8217;s revenues are not subject to the new guidance. The services that fall within the scope of FASB ASC 606 are presented within fee revenue and other income in the Consolidated Statements of Income and are recognized as revenue as the obligation to the customer is satisfied. Services within the scope of FASB ASC 606 include invoice processing and payment fees, bank service fees, and other real estate owned (&#8220;OREO&#8221;).</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">In February 2016, the FASB issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2016-02 &#8211; </font><i><font style="font: x-small Times New Roman">Leases (ASC Topic 842)</font></i><font style="font: x-small Times New Roman">. The ASU improves financial reporting about leasing transactions. The ASU affects all companies and other organizations that lease assets such as real estate, airplanes, and manufacturing equipment. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP&#8212;which requires only capital leases to be recognized on the balance sheet&#8212;the new ASU will require both types of leases to be recognized on the balance sheet. The ASU also will require disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. These disclosures include qualitative and quantitative requirements, providing additional information about the amounts recorded in the financial statements. The ASU on leases will take effect for public companies for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. A third-party vendor solution has been selected to assist in the application of ASU 2016-02. The Company will adopt this ASU using a prospective transition approach, which applies the provisions of the new guidance at the effective date without adjusting the comparative periods presented. The adoption of this ASU is expected to add assets and liabilities of approximately $9-11 million to the Company&#8217;s balance sheet.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">In June 2016, the FASB issued ASU No. 2016-13 - Financial Instruments &#8211; </font><i><font style="font: x-small Times New Roman">Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</font></i><font style="font: x-small Times New Roman">. The ASU requires measurement and recognition of expected credit losses for financial assets held. Under this standard, it will be required to hold an allowance equal to the expected life-of-loan losses on the loan portfolio. The standard is effective for fiscal periods beginning after December 15, 2019. The Company expects to recognize a one-time cumulative effect adjustment to the allowance for loan losses as of the beginning of the first reporting period in which the new standard is effective, but cannot yet determine the magnitude of any such one-time adjustment or the overall impact of the new guidance on the consolidated financial statements.</font></p></div> <div><p style="text-align: left"><b><font style="font: x-small Times New Roman">Note 2<br /></font></b><b><font style="font: x-small Times New Roman">Capital Requirements and Regulatory Restrictions</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can result in certain mandatory, and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company&#8217;s consolidated financial statements. Under capital adequacy guidelines, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The Company&#8217;s and the Bank&#8217;s capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings and other factors.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Quantitative measures established by regulators to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios of total and Tier I capital and common equity Tier I capital to risk-weighted assets, and of Tier I capital to average assets. Management believes that as of December 31, 2018 and 2017, the Company and the Bank met all capital adequacy requirements to which they are subject.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Effective July 2, 2013, the Federal Reserve Board approved final rules known as the &#8220;Basel III Capital Rules&#8221; that substantially revised the risk-based capital and leverage capital requirements applicable to bank holding companies and depository institutions, including the Company and the Bank. The Basel III Capital Rules implement aspects of the Basel III capital framework agreed upon by the Basel Committee and incorporate changes required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. Among other things, the Basel III Capital Rules establish stricter capital requirements and calculation standards, as well as more restrictive risk weightings for certain loans and facilities. 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text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left"><font style="font: x-small Times New Roman">Total capital (to risk-weighted assets)</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Cass Information Systems, Inc.</font></td> <td style="width: 1%; 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text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; 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white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; 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white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">45,193</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">6.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">60,257</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left; background-color: White"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">234,435</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; 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white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">130,037</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">15.35</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">33,884</font></td> <td style="width: 1%; 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text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; 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text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left; background-color: White"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; text-align: left; background-color: White"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">234,389</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">22.53</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; text-align: left; background-color: White"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">83,233</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">8.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Commercial Bank</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">122,440</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">17.01</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">57,568</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">8.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">71,960</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">10.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; 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white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">224,184</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">21.55</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">46,819</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">4.50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; 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white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left; background-color: White"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">224,184</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">21.55</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">62,425</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">6.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Commercial Bank</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">114,603</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">224,184</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">13.87</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">64,649</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">4.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="border-bottom: #000000 1.5pt solid; width: 100%; text-align: left; background-color: White"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Commercial Bank</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">114,603</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">86</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,417</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">104,822</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="border-bottom: #000000 1.5pt solid; width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Certificates of deposit</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; 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width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">220,208</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,223</font></td></tr></table> <br /> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; 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white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">34,755</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">123</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">31,251</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; 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white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">277,091</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">236,394</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Real estate</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; background-color: Silver; padding-left: 15pt"><font style="font: x-small Times New Roman">Commercial:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; 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white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">11,858</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">9,359</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; 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width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">408</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; padding-left: 30pt"><font style="font: x-small Times New Roman">Total loans</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">721,587</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">90 <b><font style="font: x-small Times New Roman">Da</font></b>ys</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">30-59</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">60-89</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">and</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Non-</font></b></td> <td style="width: 1%; 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white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">277,091</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Real estate</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,605</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">316,147</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">316,147</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,576</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 84%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Industrial Revenue Bonds</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 84%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">310</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">310</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="border-bottom: #000000 1.5pt solid; width: 84%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">721,587</font></td> <td style="border-bottom: #000000 1.5pt solid; 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text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">236,394</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; 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text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Commercial:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,359</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">316,073</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">316,073</font></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,948</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">25,948</font></font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 84%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Industrial Revenue Bonds</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,374</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial"><font style="font: x-small Times New Roman">3,374</font></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; 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text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">408</font></font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="border-bottom: #000000 1.5pt solid; width: 84%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">686,231</font></td> <td style="border-bottom: #000000 1.5pt solid; 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width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; 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text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Normal</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Special</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">to Special</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; 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white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Total Loans</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Commercial and industrial</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">275,308</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,783</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; 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text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,447</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">158</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,605</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,858</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,858</font></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">314,940</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,207</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">316,147</font></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,576</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,576</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Industrial Revenue Bonds</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">310</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">310</font></td></tr> <tr style="vertical-align: bottom; 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border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Loans</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Performing</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Nonperforming</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Subject to</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Loans Subject to</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Loans Subject</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Normal</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Special</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">to Special</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Monitoring</font></b><b><font style="font: x-small Times New Roman">⁽¹⁾</font></b></td> <td style="border-bottom: #000000 1.5pt solid; 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white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">234,271</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,123</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">236,394</font></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Real estate</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Commercial:</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">93,788</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">887</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">94,675</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,359</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,359</font></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">316,042</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">31</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">316,073</font></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,948</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,948</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Industrial Revenue Bonds</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,374</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,374</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">408</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">408</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total</font></td> <td style="border-bottom: #000000 1.5pt solid; 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white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">686,231</font></td></tr> </table> <br /> <table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; font-size: 7pt; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: left; padding-right: 2pt"><font style="font: x-small Times New Roman">^<b>(1)</b></font></td> <td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"><font style="font: x-small Times New Roman">Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk, who have the apparent ability to satisfy their loan obligation.</font></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; white-space: nowrap; text-align: left; padding-right: 2pt"><font style="font: x-small Times New Roman">^<b>(2)</b></font></td> <td style="vertical-align: top; text-align: justify"><font style="font: x-small Times New Roman">Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a high level of management attention.</font></td></tr> </table> <p style="text-align: justify"><font style="font: x-small Times New Roman">Impaired loans consist primarily of nonaccrual loans, loans greater than 90 days past due and still accruing interest and troubled debt restructurings, both performing and non-performing. 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 100%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1pt solid; 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width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2018</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Commercial and industrial</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,652</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">507</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,179</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Real estate</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Commercial:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,394</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,417</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">70</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">19</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">89</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,962</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,961</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">196</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(41</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">155</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Industrial Revenue Bond</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">52</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,261</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30</font></td> <td style="width: 1%; white-space: nowrap; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,662</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">47</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">70</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,027</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">111</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">196</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Industrial Revenue Bond</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">101</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(49</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">52</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">992</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(113</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">879</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="border-bottom: #000000 1.5pt solid; width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,175</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,205</font></td></tr></table> <p style="text-align: left"><font style="font: x-small Times New Roman">As of December 31, 2018, there were loans totaling $278,153 to affiliates of executive officers or directors. There were no loans to affiliates of executive officers or directors at December 31, 2017.</font></p></div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 5<br /> Premises and Equipment</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">A summary of premises and equipment is as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 9%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Land</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">873</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">873</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Buildings</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,684</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,386</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Leasehold improvements</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,537</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,120</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Furniture, fixtures and equipment</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">16,332</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,801</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Purchased software</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,043</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,819</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Internally developed software</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">17,428</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">16,485</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 90%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">56,897</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">52,484</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Less accumulated depreciation</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">34,866</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">30,898</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 90%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">22,031</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">21,586</font></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">Total depreciation charged to expense in 2018, 2017 and 2016 amounted to $3,954,000, $3,624,000 and $3,245,000, respectively.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The Company and its subsidiaries lease various premises under operating lease agreements which expire at various dates through 2024. Rental expense for 2018, 2017 and 2016 was $1,648,000, $1,499,000 and $1,397,000, respectively. The following is a schedule, by year, of future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2018:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 60%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Amount</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2019</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,639</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2020</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,902</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2021</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,769</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2022</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,646</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2023</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">724</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">2024+</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">3,040</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">10,720</font></td></tr></table> </div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 6<br /></font></b><b><font style="font: x-small Times New Roman">Acquired Intangible Assets</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The Company accounts for intangible assets in accordance with FASB ASC 350 - </font><i><font style="font: x-small Times New Roman">Goodwill and Other Intangible Assets </font></i><font style="font: x-small Times New Roman">(&#8220;ASC 350&#8221;), which requires that intangibles with indefinite useful lives be tested annually for impairment and those with finite useful lives be amortized over their useful lives.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Details of the Company&#8217;s intangible assets are as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; line-height: 14pt"> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="6" style="width: 10%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 10%"><b><font style="font: x-small Times New Roman">December 31, 2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="6" style="width: 10%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 10%"><b><font style="font: x-small Times New Roman">December 31, 2017</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Gross Carrying</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Accumulated</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Gross Carrying</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center">&#160;</td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Accumulated</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 78%"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 4%"><b><font style="font: x-small Times New Roman">Amount</font></b></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 1%"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="3" style="width: 5%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 5%"><b><font style="font: x-small Times New Roman">Amortization</font></b></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"></td> <td colspan="2" style="width: 4%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 4%"><b><font style="font: x-small Times New Roman">Amount</font></b></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 1%"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="3" style="width: 5%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 5%"><b><font style="font: x-small Times New Roman">Amortization</font></b></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Assets eligible for amortization:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Customer lists</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,288</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(3,071</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,288</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(2,702</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Patent</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">72</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(16</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">72</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(12</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Non-compete agreements</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">332</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(326</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">332</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(291</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Software</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">234</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(234</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">234</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(234</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Other</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">500</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(225</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">500</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(191</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Unamortized intangible assets:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Goodwill</font><b><font style="font: x-small Times New Roman">&#160;⁽¹⁾</font></b></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">12,796</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">(227</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">12,796</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">(227</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 78%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 78%"><font style="font: x-small Times New Roman">Total intangible assets</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">18,222</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">(4,099</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">18,222</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">(3,657</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">)</font></td></tr></table><br /> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; font-size: 7pt"> <tr> <td style="width: 1%; padding-right: 2pt"><b><font style="font: x-small Times New Roman">⁽¹⁾</font></b></td> <td style="width: 99%"> <p style="text-align: justify"><font style="font: x-small Times New Roman">Amortization through December 31, 2001 prior to adoption of FASB ASC 350</font><font style="font: x-small Times New Roman">.</font></p></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">The customer lists are amortized over seven and ten years; the patents over 18 years, the non-compete agreements over two and five years, software over three years and other intangible assets over 15 years. Amortization of intangible assets amounted to $442,000, $427,000 and $408,000 for the years ended December 31, 2018, 2017 and 2016, respectively. Estimated future amortization of intangibles is $412,000 in 2019, $406,000 in both 2020 and 2021 and $88,000 in both 2022 and 2023.</font></p></div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 7 <br />Interest-Bearing Deposits</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Interest-bearing deposits consist of the following:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="7" style="width: 11%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Dec</font></b><b><font style="font: x-small Times New Roman">ember 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest-bearing demand deposits</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">322,709</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">332,881</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Savings deposits</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,502</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,168</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Time deposits:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Less than $100</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,862</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,658</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">$100 to less than $250</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">51,658</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">33,385</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">$250 or more</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">15,937</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">16,455</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">408,668</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">396,547</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Weighted average interest rate</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">.56</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">%</font></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">Interest on deposits consists of the following:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman"></font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="8" style="width: 14%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"><b><font style="font: x-small Times New Roman">December 31,</font></b></font></b> <b><font style="font: x-small Times New Roman"></font></b><b><font style="font: x-small Times New Roman"></font></b><b><font style="font: x-small Times New Roman"></font></b><b><font style="font: x-small Times New Roman"></font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest-bearing demand deposits</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,832</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,611</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,387</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Savings deposits</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">109</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">79</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">100</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Time deposits:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Less than $100</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">433</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">234</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">274</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">$100 to less than $250</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">152</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">114</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">191</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 15pt; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$250 or more</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">210</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">149</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">77</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Percent</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Amount</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">of Total</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Amount</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">of Total</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 79%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Due within:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">One year</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">51,154</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">70.6</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">48,370</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">92.1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 79%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Two years</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,262</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25.2</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">281</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">0.5</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Three years</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">140</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">0.2</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,383</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.5</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 79%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Four years</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">983</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1.4</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">0.1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Five years</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,918</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">2.6</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,439</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">2.8</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 79%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">72,457</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">100.0</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; 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UMB Bank $20,000,000; Wells Fargo Bank, $15,000,000; PNC Bank, $12,000,000; Frost National Bank, $10,000,000; and JPM Chase Bank, $6,000,000. As of December 31, 2018, the Bank had secured lines of credit with the Federal Home Loan Bank of $193,460,000 collateralized by commercial mortgage loans. At December 31, 2018, the Company had lines of credit from UMB Bank of $50,000,000 and First Tennessee Bank of $50,000,000 collateralized by state and political subdivision securities. There were no amounts outstanding under any of the lines of credit discussed above at December 31, 2018 or 2017.</font></p></div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 9<br /></font></b><b><font style="font: x-small Times New Roman">Common Stock and Earnings per Share</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The table below shows activity in the outstanding shares of the Company&#8217;s common stock during 2018.</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 60%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Shares outstanding at January 1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;12,286,896</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">20% stock dividend paid on December 14, 2018</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,457,484</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Issuance of common stock:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Employee restricted stock grants</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,530</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Employee SARs exercised</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,048</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Directors&#8217; compensation</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,526</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Shares repurchased</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(163,634</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Shares forfeited</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(564</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Shares outstanding at December 31</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">14,611,286</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the sum of the weighted average number of common shares outstanding and the weighted average number of potential common shares outstanding. Under the treasury stock method, stock appreciation rights (&#8220;SARs&#8221;) are dilutive when the average market price of the Company&#8217;s common stock, combined with the effect of any unamortized compensation expense, exceeds the SAR price during a period. Anti-dilutive shares are those SARs with prices in excess of the current market value.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The calculations of basic and diluted earnings per share are as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="8" style="width: 14%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b> <b><font style="font: x-small Times New Roman"></font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands except share and per share data)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Basic:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Net income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,268</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,014</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,348</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Weighted average common shares outstanding</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,675,136</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,700,557</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,718,228</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; padding-left: 45pt"><font style="font: x-small Times New Roman">Basic earnings per share</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">2.06</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1.70</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1.65</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Diluted:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Net income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,268</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,014</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,348</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Weighted average common shares outstanding</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,675,136</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,700,558</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,718,228</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Effect of dilutive restricted stock, performance based restricted stock (&#8220;PBRS&#8221;), and SARs</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">239,065</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">215,332</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">206,878</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Weighted average common shares outstanding assuming dilution</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,914,202</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,915,890</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,925,106</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; border-bottom: Black 1.5pt solid; text-align: left; padding-left: 45pt"><font style="font: x-small Times New Roman">Diluted earnings per share</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">2.03</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1.68</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1.63</font></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">All share and per share data have been restated to give effect to the 20% stock dividend that was paid on December 14, 2018</font></p></div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 10 <br />Employee Benefit Plans</font></b></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Defined Benefit Plan<br /></font></i><font style="font: x-small Times New Roman">The Company has a noncontributory defined-benefit pension plan (the &#8220;Plan&#8221;), which covers most of its employees. Effective December 31, 2016, the Plan was closed to all new participants. The Company accrues and makes contributions designed to fund normal service costs on a current basis using the projected unit credit with service proration method to amortize prior service costs arising from improvements in pension benefits and qualifying service prior to the establishment of the Plan over a period of approximately 30 years.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">A summary of the activity in the Plan&#8217;s projected benefit obligation, assets, funded status and amounts recognized in the Company&#8217;s consolidated balance sheets is as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Projected benefit obligation:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Balance, January 1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">98,790</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">85,551</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Service cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,017</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,733</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,703</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,621</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Actuarial (gain) loss</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(7,768</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,916</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Benefits paid</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(2,341</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(2,031</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Balance, December 31</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">96,401</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">98,790</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Plan assets:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Fair value, January 1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">81,427</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">73,168</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Actual return</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,506</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,290</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Employer contribution</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Benefits paid</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(2,341</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(2,031</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Fair value, December 31</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">74,580</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">81,427</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Funded status:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Accrued pension liability</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; 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For 2018, 2017 and 2016, the Plan&#8217;s expected benefit cash flows were discounted using the Citibank Above Median Curve. For 2018, the RP-2014 Mortality Table and the MP-2018 Mortality Improvement Table were used. For 2017, the RP-2014 Mortality Table and MP-2017 Mortality Improvement Table were used. 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The Company does not expect to make a contribution to the Plan in 2019. 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text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,893,000</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2020</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,099,000</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2021</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,363,000</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2022</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,769,000</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2023</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; 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white-space: nowrap; text-align: left"></td> <td colspan="11" style="width: 17%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">For the Year Ended</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 82%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="width: 17%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 82%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center; 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white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Weighted average discount rate</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3.75</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.25</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Rate of increase in compensation levels</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(a</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(a</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(a</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Expected long-term rate of return on assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6.50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6.50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6.75</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr></table><br /> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; font-size: 7pt"> <tr> <td style="width: 1%; padding-right: 2pt; vertical-align: top; text-align: left"><font style="font: x-small Times New Roman">(a)</font></td> <td style="width: 99%"> <p style="text-align: justify"><font style="font: x-small Times New Roman">6.0% graded down to 3.25% over the first seven years of service</font></p></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">For 2018, the RP-2014 Mortality Table and the MP-2017 Mortality Improvement Table were used. For 2017, the RP-2014 Mortality Table and the MP-2016 Mortality Improvement Table were used. For 2016, the RP-2014 Mortality Table and the MP-2015 Mortality Improvement Table were used.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The investment objective for the Plan is to maximize total return with a tolerance for average risk. Asset allocation is a balance between fixed income and equity investments, with a target allocation of approximately 51% fixed income, 19% U.S. equity and 30% non-U.S. equity. Due to volatility in the market, this target allocation is not always desirable and asset allocations can fluctuate between acceptable ranges. The fixed income component is invested in pooled investment grade securities. The equity components are invested in pooled large cap, small/mid cap and non-U.S. stocks. The expected one-year nominal returns and annual standard deviations are shown by asset class below:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">One-Year Nominal</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Annual Standard</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Asset Class</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">% of Total Portfolio</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Return</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Deviation</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Core Fixed Income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;51</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.44</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3.90</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Large Cap U.S. Equities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7.02</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15.10</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Small Cap U.S. Equities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8.04</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18.75</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">International (Developed)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8.19</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">17.36</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">International (Emerging)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>10.45</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>25.35</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">Applying appropriate correlation factors between each of the asset classes the long-term rate of return on assets is estimated to be 6.50%.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">A summary of the fair value measurements by type of asset is as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="17" style="width: 29%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Fair Value Measurements as of December 31,</font></b> <b><font style="font: x-small Times New Roman"></font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="8" style="width: 14%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b> <b><font style="font: x-small Times New Roman"></font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="8" style="width: 14%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Quoted Prices</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman"></font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; 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white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Markets for</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Significant</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Markets for</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Significant</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Identical</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Observable</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman"></font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Identical</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Observable</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Assets</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Inputs</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Assets</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Inputs</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Total</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">(Level 1)</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">(Level 2)</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Total</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">(Level 1)</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">(Level 2)</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Cash</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">423</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">423</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160; </font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212; </font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">374</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">374</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Equity securities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">U.S. Small/Mid Cap Growth</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,405</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,405</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,111</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,111</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Non-U. S. Core</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,398</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212; </font><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,398</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21,065</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21,065</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">U.S. Large Cap Passive</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,471</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,471</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,717</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,717</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Emerging Markets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,217</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,217</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,052</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,052</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Fixed Income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">U.S. Core</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,609</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,609</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,284</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,284</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">U.S. Passive</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,827</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,827</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,345</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,345</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Opportunistic</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">4,230</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">4,230</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">4,479</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">&#8212; </font><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">4,479</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; padding-left: 30pt"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">74,580</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">423</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">74,157</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">81,427</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">374</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">81,053</font></td></tr></table> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Supplemental Executive Retirement Plan</font></i><br /> <font style="font: x-small Times New Roman">The Company also has an unfunded supplemental executive retirement plan (&#8220;SERP&#8221;) which covers key executives of the Company whose benefits are limited by the Internal Revenue Service under the Company&#8217;s qualified retirement plan. 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white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Balance, January 1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,094</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,132</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Service cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">92</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">143</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">348</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">360</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Benefits paid</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(260</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(247</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Actuarial (gain) loss</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(177</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">706</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Balance, December 31</font></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">10,097</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">10,094</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">The following represent the major assumptions used to determine the projected benefit obligation of the SERP. For 2018, 2017 and 2016, the SERP&#8217;s expected benefit cash flows were discounted using the Citigroup Above Median Curve.</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Weighted average discount rate</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.10</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3.50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Rate of increase in compensation levels</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(a)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(a)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(a)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr></table><br /> <table cellspacing="0" cellpadding="0" border="0" style="font-size: 7pt; width: 100%"> <tr> <td style="width: 1%; vertical-align: top; text-align: left; padding-right: 2pt"><font style="font: x-small Times New Roman">(a)</font></td> <td style="width: 99%"> <p style="text-align: justify"><font style="font: x-small Times New Roman">6.00% graded down to 3.25% over the first seven years of service.</font></p></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">The accumulated benefit obligation was $8,830,000 and $8,734,000 as of December 31, 2018 and 2017, respectively. Since this is an unfunded plan, there are no plan assets. Benefits paid were $260,000 in 2018, and $247,000 in both 2017 and 2016. 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white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">372,000</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2022</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">749,000</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2023</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; 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white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 80%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Net actuarial loss</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Grant Date</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 95%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">Shares</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Fair Value</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 95%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Balance at December 31, 2017</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">93,775</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1.5pt solid; 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The fair value of such shares are based on the market price on the date of grant. Amortization of the restricted stock bonus awards totaled $1,571,000 for 2018, $1,743,000 for 2017 and $1,712,000 for 2016. As of December 31, 2018, the total unrecognized compensation expense related to non-vested restricted stock awards was $1,345,000 and the related weighted average period over which it is expected to be recognized is approximately 0.75 years. The total fair value of shares vested during the years ended December 2018, 2017, and 2016 was $1,112,000, $1,389,000, and $1,500,000, respectively.</font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Performance-Based Restricted Stock</font></i></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">In February of 2017, the Company granted three-year PBRS awards which are contingent upon the Company&#8217;s achievement of pre-established financial goals over the period from January 1, 2017 through December 31, 2019. The PBRS awards cliff vest on the three year anniversary of their grant date at levels ranging from 0% to 150% of the target opportunity based on the actual achievement of financial goals for the three-year performance period. The aggregate target number of PBRS shares granted was 30,388 with an average grant date fair value of $49.33 per share. The 2018 expense related to these grants totaled $690,000 and is based on the grant date fair value of the awards and the Company&#8217;s achievement of 132% of the target financial goals. The estimated expense for 2018 and each future period through the vesting date is subject to prospective adjustment based upon changes in the expected achievement of the financial goals.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">In each of February and July of 2018, the Company granted three-year PBRS awards which are contingent upon the Company&#8217;s achievement of pre-established financial goals over the period from January 1, 2018 through December 31, 2020. The PBRS awards cliff vest on the three-year anniversary of their grant date at levels ranging from 0% to 150% of the target opportunity based on the actual achievement of financial goals for the three-year performance period. 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white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Exercised</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(43,946</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25.26</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; 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The average remaining contractual term for SARs outstanding as of December 31, 2018 was 3.50 years, and the aggregate intrinsic value was $5,468,000. 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white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(70</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">104,076</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Interest income*</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; 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white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,880</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(1,880</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver">&#151;</td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Depreciation and amortization</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,254</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">142</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right">&#151;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,396</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Tax-equivalized pre-tax income*</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">24,962</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">11,625</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">2,181</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">38,768</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,569</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Other intangible assets, net</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,554</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver">&#151;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver">&#151;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,554</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total Assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">826,201</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">886,291</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(17,316</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,695,176</font></td></tr></table> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; 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text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">572,653</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212;</font></font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,215,386</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left"><b><i><font style="font: x-small Times New Roman">2017</font></i></b></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Fee income from customers</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">93,484</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,547</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">481</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,512</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest income*</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,634</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,732</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,301</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">47,667</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest expense</font></td> <td style="background-color: #c0c0c0; 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text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,051</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Tax-equivalized pre-tax income*</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,990</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,691</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,908</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">40,589</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Goodwill</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,433</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">136</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,569</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Other intangible assets, net</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,996</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,996</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total Assets</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">854,214</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">830,672</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(27,677</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,603,209</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Funding Sources</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">604,493</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">598,986</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,203,479</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left"><b><i><font style="font: x-small Times New Roman">2016</font></i></b></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Fee income from customers</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">83,821</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,417</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">898</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">86,136</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest income*</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,729</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,088</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,614</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">45,431</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest expense</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,029</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,029</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Intersegment income (expense)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,136</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,136</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Depreciation and amortization</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,488</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">165</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,653</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Tax-equivalized pre-tax income*</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,065</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,090</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,410</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">37,565</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Goodwill</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,454</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">136</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,590</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Other intangible assets, net</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,997</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,997</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total Assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">763,999</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">756,164</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(15,324</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,504,839</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Funding Sources</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">545,726</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">614,974</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,160,700</font></td></tr></table> <p style="text-align: justify"><b><font style="font: xx-small Times New Roman"></font></b></p> <div> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%"> <tr> <td style="vertical-align: top; width: 1%; padding-right: 2pt"><font style="font: x-small Times New Roman">* </font></td> <td style="vertical-align: top; width: 99%"> <p style="text-align: justify"><font style="font: x-small Times New Roman">Presented on a tax-equivalent basis assuming a tax rate of 21% for 2018 and 35% for 2017 and 2016. The tax-equivalent adjustment was approximately $2,422,000 for 2018, $5,691,000 for 2017, and $5,550,000 for 2016.</font></p></td></tr></table></div></div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 19<br /></font></b><b><font style="font: x-small Times New Roman">Condensed Financial Information of Parent Company</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Following are the condensed balance sheets of the Company (parent company only) and the related condensed statements of income and cash flows.</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 9%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Condensed Balance Sheets</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="border-bottom: #000000 1.5pt solid; width: 9%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 90%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><b><font style="font: x-small Times New Roman">Assets</font></b></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><font style="font: x-small Times New Roman">Cash and due from banks</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">35,735</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">56,462</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><font style="font: x-small Times New Roman">Short-term investments</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">35,201</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">48,324</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><font style="font: x-small Times New Roman">Securities available-for-sale, at fair value</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">441,534</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">470,523</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><font style="font: x-small Times New Roman">Loans, net</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,188</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,239</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><font style="font: x-small Times New Roman">Investments in subsidiaries</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">130,231</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">113,681</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><font style="font: x-small Times New Roman">Premises and equipment, net</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21,358</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,927</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><font style="font: x-small Times New Roman">Other assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">278,151</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">199,865</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Total assets</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">962,398</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">922,021</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><b><font style="font: x-small Times New Roman">Liabilities and Shareholders&#8217; Equity</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><font style="font: x-small Times New Roman">Liabilities:</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><font style="font: x-small Times New Roman">Accounts and drafts payable</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">693,026</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">661,342</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><font style="font: x-small Times New Roman">Other liabilities</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">39,362</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">35,533</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total liabilities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">732,388</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">696,875</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total shareholders&#8217; equity</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">230,010</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">225,146</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Total liabilities and shareholders&#8217; equity</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">962,398</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">922,021</font></td></tr></table> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="9" style="width: 14%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Condensed Statements of Income</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="9" style="border-bottom: #000000 1.5pt solid; width: 14%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">For the Years Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 85%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Income from subsidiaries:</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Management fees</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,668</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,172</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,105</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Income from subsidiaries</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,668</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,172</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,107</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Information services revenue</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">100,628</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">93,133</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">83,543</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net interest income after provision</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,159</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,217</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,389</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">(Loss) Gain on sales of investment securities</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(42</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">387</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Other income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">456</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">483</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">504</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Total income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">117,869</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">109,005</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">99,930</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Expenses:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Salaries and employee benefits</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">77,946</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">70,409</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">65,968</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Other expenses</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,442</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,333</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,133</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Total expenses</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">101,388</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">90,742</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">84,101</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Income before income tax and equity in undistributed</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">income of subsidiaries</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">16,481</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,263</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,829</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Income tax expense</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,788</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,394</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,540</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Income before undistributed income of subsidiaries</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,693</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,869</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,289</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Equity in undistributed income of subsidiaries</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,575</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,145</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,059</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,268</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: Black 1pt none; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,014</font></td> <td style="border-bottom: Black 1pt none; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,348</font></td></tr></table><br /> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="width: 14%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Condensed Statements of Cash Flows</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="border-bottom: #000000 1.5pt solid; width: 14%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">For the Years Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 85%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Cash flows from operating activities:</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,268</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,014</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,348</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 12pt; text-indent: -12pt"><font style="font: x-small Times New Roman">Adjustments to reconcile net income to net cash (used in) provided by operating activities:</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Equity in undistributed income of subsidiaries</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(15,575</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(11,145</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(10,059</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net change in other assets</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(76,686</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(41,013</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(7,085</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net change in other liabilities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,829</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,118</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,683</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Amortization of stock-based awards</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,583</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,743</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,677</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Other, net</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,242</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,219</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,558</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net cash provided by (used in) operating activities</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(45,339</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(6,064</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,122</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Cash flows from investing activities:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net decrease (increase) in securities</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,615</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(80,621</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(33,025</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net (increase) decrease in loans</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(7,949</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">34,944</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">40,431</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Purchases of premises and equipment, net</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,211</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,020</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,557</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net cash (used in) provided by investing activities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,455</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(49,697</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,849</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Cash flows from financing activities:</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net increase in accounts and drafts payable</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">31,684</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,397</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">64,026</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Cash dividends paid</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(13,177</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(10,675</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(9,979</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Purchase of common shares for treasury</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(8,838</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(2,270</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(9,215</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Other financing activities</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(635</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(267</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,705</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net cash provided by financing activities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,034</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,185</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">46,537</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net (decrease) increase in cash and cash equivalents</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(33,850</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(48,576</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">72,508</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Cash and cash equivalents at beginning of year</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">104,786</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">153,362</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">80,854</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Cash and cash equivalents at end of year</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">70,936</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">104,786</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">153,362</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr></table> </div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 20<br /></font></b><b><font style="font: x-small Times New Roman">SUPPLEMENTARY FINANCIAL INFORMATION<br /></font></b><font style="font: x-small Times New Roman">(Unaudited)</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">First</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td colspan="2" style="width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Second</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td colspan="2" style="width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Third</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td colspan="2" style="width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Fourth</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 2%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 78%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands except per share data)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Quarter</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Quarter</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Quarter</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Quarter</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;</td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">YTD</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><b><i><font style="font: x-small Times New Roman">2018</font></i></b></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Fee revenue and other income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,374</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,640</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">26,435</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">26,627</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">104,076</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,288</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,513</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,215</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,910</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">47,926</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest expense</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">679</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">794</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,029</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,234</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,736</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Net interest income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,609</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,719</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,186</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,676</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">44,190</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Provision for loan losses</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating expense</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">26,182</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">27,463</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">28,530</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">29,744</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">111,919</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Income tax expense</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,709</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,387</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,481</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,502</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,079</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Net income</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,092</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,509</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,610</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,057</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,268</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Net income per share:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Basic earnings per share</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.55</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.51</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.52</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.48</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2.06</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Diluted earnings per share</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.54</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.50</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.51</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.47</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2.03</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><b><i><font style="font: x-small Times New Roman">2017</font></i></b></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Fee revenue and other income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">22,771</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,800</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,207</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,734</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,512</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,999</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,332</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,665</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,981</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">41,977</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest expense</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">480</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">470</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">571</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">666</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,187</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Net interest income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,519</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,862</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,094</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,315</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">39,790</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Provision for loan losses</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating expense</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,318</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,901</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,042</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">26,142</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">100,403</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Income tax expense</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,665</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,248</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,396</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,576</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman">&#160;⁽¹⁾&#160;</font></b></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman"></font></b></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman"></font></b></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,885</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman">^&#160;(1)&#160;</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Net income</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,307</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,513</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,863</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,331</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,014</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Net income per share:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Basic earnings per share</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.43</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.44</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.47</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.36</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1.70</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Diluted earnings per share</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.42</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.44</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.46</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.36</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1.68</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr></table> <p style="text-align: justify"><b><font style="font: xx-small Times New Roman"></font></b></p> <div> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%"> <tr> <td style="width: 1%; padding-right: 2pt"> <p style="text-align: justify"><font style="font: x-small Times New Roman">^<b>(1)</b></font></p></td> <td style="width: 99%"> <p style="text-align: justify"><font style="font: x-small Times New Roman">Includes one-time, non-cash TCJA charge of $1,824,000 </font></p></td></tr></table></div></div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 15<br /></font></b><b><font style="font: x-small Times New Roman">Disclosures about Fair Value of Financial Instruments</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The Company is party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit, commercial letters of credit and standby letters of credit. The Company&#8217;s maximum potential exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit, commercial letters of credit and standby letters of credit is represented by the contractual amounts of those instruments. At December 31, 2018 and 2017, no amounts have been accrued for any estimated losses for these instruments.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commercial and standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. These off-balance sheet financial instruments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The approximate remaining terms of commercial and standby letters of credit range from less than one to five years. Since these financial instruments may expire without being drawn upon, the total amounts do not necessarily represent future cash requirements. Commitments to extend credit and letters of credit are subject to the same underwriting standards as those financial instruments included on the consolidated balance sheets. The Company evaluates each customer&#8217;s credit-worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary upon extension of the credit, is based on management&#8217;s credit evaluation of the borrower. Collateral held varies, but is generally accounts receivable, inventory, residential or income-producing commercial property or equipment. In the event of nonperformance, the Company may obtain and liquidate the collateral to recover amounts paid under its guarantees on these financial instruments.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The following table shows conditional commitments to extend credit, standby letters of credit and commercial letters:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 94%; white-space: nowrap; text-align: left"></td> <td colspan="6" style="width: 6%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 94%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 94%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Conditional commitments to extend credit</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">144,010</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">87,013</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 94%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Standby letters of credit</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,368</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,347</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 94%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">Commercial letters of credit</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">3,486</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">3,246</font></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">The fair value of commitments to extend credit and standby letters of credit is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements, the likelihood of the counterparties drawing on such financial instruments and the present credit worthiness of such counterparties. The Company believes such commitments have been made at terms which are competitive in the markets in which it operates; however, no premium or discount is offered thereon.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Following is a summary of the carrying amounts and fair values of the Company&#8217;s financial instruments:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; line-height: 14pt; border-collapse: collapse; font-size: 7pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="width: 11%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Carrying</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Carrying</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Amount</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Fair Value</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Amount</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Fair Value</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Balance sheet assets:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Cash and cash equivalents</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">230,933</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">230,933</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">228,110</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">228,110</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Investment in securities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">441,534</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">441,534</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">470,523</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">470,523</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Loans, net</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">711,362</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">711,090</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">676,026</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">675,020</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Accrued interest receivable</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">7,069</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">7,069</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">7,413</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">7,413</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 30pt"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,390,898</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,390,626</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,382,072</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,381,066</font></td></tr> <tr> <td colspan="13" style="width: 100%">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Balance sheet liabilities:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Deposits</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">721,926</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">722,018</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">678,088</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">678,346</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Accounts and drafts payable</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">694,360</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">694,360</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">661,888</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">661,888</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Accrued interest payable</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">91</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">91</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">55</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">55</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; padding-left: 30pt; background-color: Silver"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">1,416,377</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">1,416,469</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">1,340,031</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">1,340,289</font></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value:</font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Cash and Cash Equivalents </font></i><font style="font: x-small Times New Roman">The carrying amount approximates fair value.</font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Investment in Securities </font></i><font style="font: x-small Times New Roman">The fair value is measured on a recurring basis using Level 2 valuations. Refer to Note 3, &#8220;Investment in Securities,&#8221; for fair value and unrealized gains and losses by investment type.</font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Loans </font></i><font style="font: x-small Times New Roman">The fair value is estimated using present values of future cash flows discounted at risk-adjusted interest rates for each loan category designated by management and is therefore a Level 3 valuation. Management believes that the risk factor embedded in the interest rates along with the allowance for loan losses results in a fair valuation.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Impaired loans are valued using the fair value of the collateral which is based upon an observable market price or current appraised value and therefore, the fair value is a nonrecurring Level 3 valuation.</font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Accrued Interest Receivable </font></i><font style="font: x-small Times New Roman">The carrying amount approximates fair value.</font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Deposits </font></i><font style="font: x-small Times New Roman">The fair value of demand deposits, savings deposits and certain money market deposits is the amount payable on demand at the reporting date. The fair value of fixed-maturity certificates of deposit is estimated using the rates currently offered for deposits of similar remaining maturities and therefore, is a Level 2 valuation. The fair value estimates above do not include the benefit that results from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market or the benefit derived from the customer relationship inherent in existing deposits.</font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Accounts and Drafts Payable </font></i><font style="font: x-small Times New Roman">The carrying amount approximates fair value.</font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Accrued Interest </font></i><font style="font: x-small Times New Roman">The carrying amount approximates fair value.</font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Limitations </font></i><font style="font: x-small Times New Roman">Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Other significant assets or liabilities that are not considered financial assets or liabilities include premises and equipment and the benefit that results from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market (core deposit intangible). In addition, tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in any of the estimates.</font></p></div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 14<br />Contingencies</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The Company and its subsidiaries are not involved in any pending proceedings other than ordinary routine litigation incidental to their businesses. Management believes none of these proceedings, if determined adversely, would have a material effect on the business or financial condition of the Company or its subsidiaries.</font></p></div> <p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 13<br /> Income Taxes</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The components of income tax expense are as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="font-size: 7pt; width: 100%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="border-bottom: #000000 1.5pt solid; width: 11%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">For the Years Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; 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text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Federal</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,456</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">State</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,043</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,638</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">941</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Deferred:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Federal</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(3,404</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">4,256</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">301</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">State</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(117</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(259</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Total income tax expense</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">6,079</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">9,885</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; 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white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2016</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Expected income tax expense</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">7,633</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">12,214</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">11,223</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">(Reductions) increases resulting from:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Tax-exempt income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(2,009</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(3,868</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(3,754</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">State taxes, net of federal benefit</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">732</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">896</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">623</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Share-based compensation adjustment</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(286</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(376</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Other, net</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">83</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(805</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(376</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total income tax expense</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,079</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,885</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,716</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">On December 22, 2017, the TCJA was enacted. Among other things, the new law (i) establishes a new, flat corporate federal statutory income tax rate of 21%; (ii) eliminates the corporate alternative minimum tax and allows the use of any such carryforwards to offset regular tax liability for any taxable year; (iii) limits the deduction for net interest expense incurred by U.S. corporations; (iv) allows businesses to immediately expense, for tax purposes, the cost of new investments in certain qualified depreciable assets; (v) eliminates or reduces certain deductions related to meals and entertainment expenses; (vi) modifies the limitation on excessive employee remuneration to eliminate the exception for performance-based compensation and clarifies the definition of a covered employee; and (vii) limits the deductibility of deposit insurance premiums. The TCJA also significantly changes U.S. tax law related to foreign operations, though, such changes do not currently impact the Company on a significant level.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Also on December 22, 2017, the SEC issued SAB 118, which provides guidance on accounting for tax effects of the TCJA. SAB 118 provides a measurement period of up to one year from the enactment date to complete the accounting. Based on the information available and current interpretation of the rules at December 31, 2017, the Company made provisional estimates of the impact of the reduction in the corporate tax rate and remeasurement of certain deferred tax assets and liabilities based on the rate at which they were expected to reverse in the future totaling $1,824,000. The final analysis and measurement was completed during the fourth quarter of 2018 when the Company filed the 2017 U.S. federal income tax return and a reduction of tax expense in the amount of $74,000 was recorded.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Income tax expense in 2018 totaled $6,079,000 compared to $9,885,000 and $7,716,000 in 2017 and 2016, respectively. When measured as a percent of pre-tax income, the Company&#8217;s effective tax rate was 17% in 2018, 28% in 2017, and 24% in 2016. The decrease in 2018 tax expense was primarily the result of two items:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="font: 10pt Times New Roman; text-align: justify; width: 100%"> <tr> <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td> <td style="vertical-align: top; width: 99%">the decrease in the federal income tax rate and</td></tr> <tr> <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td> <td style="vertical-align: top; width: 99%">the one-time, non-cash charge of $1,824,000 that increased 2017 tax expense triggered by the passage of the TCJA on December 22, 2017.</td></tr></table> <p style="text-align: justify"><font style="font: x-small Times New Roman">The Company&#8217;s effective tax rate for 2018 was 17% and the Company&#8217;s 2017 effective tax rate was 25% excluding the onetime TCJA charge. The Company&#8217;s effective tax rate has traditionally been lower than the statutory rate because of investments and loans that are tax exempt.</font></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">The tax effects of temporary differences which give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse; font-size: 7pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="7" style="width: 7%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Deferred tax assets:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Allowance for loan losses</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,376</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,413</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">ASC 715 pension funding liability</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">6,000</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">6,080</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Net operating loss carryforward&#160;^<b>(1)</b></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">76</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Supplemental executive retirement plan accrual</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,968</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,833</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Stock compensation</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,673</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,307</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Other</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">118</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 30pt"><font style="font: x-small Times New Roman">Total deferred tax assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">12,067</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">11,827</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Deferred tax liabilities:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Premises and equipment</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,937</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(2,248</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Pension</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(409</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(1,379</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Intangible assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,212</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,091</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Unrealized gain on investment in securities available-for-sale</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(156</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(1,938</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Deferred income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(2,121</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Other</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">(80</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 30pt"><font style="font: x-small Times New Roman">Total deferred tax liabilities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(3,794</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(8,777</font></td> <td style="width: 1%; 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background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">3,050</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td></tr></table> <br /> <table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: top; width: 1%; text-align: left; padding-right: 2pt"><b><font style="font: x-small Times New Roman">⁽¹⁾</font></b></td> <td style="width: 99%; 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white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Balance at January 1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,632</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,623</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,194</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Changes in unrecognized tax benefits as a result of tax positions taken during a prior year</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(135</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(15</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">407</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; text-align: left; padding-left: 30pt; text-indent: -15pt; background-color: Silver"><font style="font: x-small Times New Roman">Changes in unrecognized tax benefits as a result of tax position taken during the current year</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">192</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">263</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">311</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; text-align: left; 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text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; border-bottom: Black 1pt solid; text-align: left; padding-left: 30pt; text-indent: -15pt; background-color: Silver"><font style="font: x-small Times New Roman">Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">(286</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">(239</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; 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text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left"><font style="font: x-small Times New Roman">Total capital (to risk-weighted assets)</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">244,660</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21.38</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">91,550</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">60,257</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">8.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; 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text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left; background-color: White"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">234,435</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; 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background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">33,895</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">4.50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; 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background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">234,435</font></td> <td style="width: 1%; white-space: nowrap; 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white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left; background-color: White"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Commercial Bank</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">130,037</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">17.26</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">45,193</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">6.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">60,257</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; 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white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">130,037</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">15.35</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">33,884</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">4.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">42,354</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">5.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left; border-top: Black 1.5pt solid; background-color: White"><b><font style="font: x-small Times New Roman">At December 31, 2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-top: Black 1.5pt solid; background-color: White"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Total capital (to risk-weighted assets)</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left; background-color: White"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; text-align: left; background-color: White"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">234,389</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">22.53</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; text-align: left; background-color: White"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">83,233</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">8.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Commercial Bank</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">122,440</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">17.01</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">57,568</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">8.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">71,960</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">10.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left; background-color: White"><font style="font: x-small Times New Roman">Common Equity Tier I Capital (to risk-weighted assets)</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">224,184</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">21.55</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">46,819</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">4.50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left; background-color: White"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Commercial Bank</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">114,603</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">15.93</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">32,382</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">4.50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">46,774</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">6.50</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Tier I capital (to risk-weighted assets)</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; text-align: left; background-color: White"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Cass Information Systems, Inc.</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">224,184</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">21.55</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">62,425</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">6.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: White"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman">N/A</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: White"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Gross</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Gross</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; 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text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Total</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">440,880</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">441,534</font></td></tr></table> </div> <div><p style="text-align: left"><font style="font: x-small Times New Roman">A summary of loan categories is as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 80%"> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 100%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Commercial and industrial</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">277,091</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">236,394</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Real estate</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; background-color: Silver; 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white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">9,359</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; background-color: Silver; padding-left: 45pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">316,147</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">316,073</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 45pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Commercial:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,605</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,605</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,858</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,858</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">316,147</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">316,147</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,576</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,576</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 84%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Industrial Revenue Bonds</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 84%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">310</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">310</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="border-bottom: #000000 1.5pt solid; width: 84%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">721,587</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; 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width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">721,587</font></td></tr></table> <p style="text-align: left"><font style="font: x-small Times New Roman">The following table presents the aging of loans by loan categories at December 31, 2017:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="8" style="border-bottom: #000000 1pt solid; width: 8%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Performing</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="border-bottom: #000000 1pt solid; width: 5%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Nonperforming</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">90 <b><font style="font: x-small Times New Roman">Da</font></b>ys</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">30-59</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">60-89</font></b></td> <td style="width: 1%; white-space: nowrap; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">316,073</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">316,073</font></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 84%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,948</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">25,948</font></font></td></tr> <tr style="vertical-align: bottom; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial"><font style="font: x-small Times New Roman">3,374</font></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 84%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; 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width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">408</font></font></td></tr> <tr style="vertical-align: bottom; 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white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">277,091</font></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Real estate</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Commercial:</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,447</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">158</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,605</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,858</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,858</font></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">314,940</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,207</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; 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text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,576</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Industrial Revenue Bonds</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">310</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">310</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total</font></td> <td style="border-bottom: #000000 1.5pt solid; 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white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">721,587</font></td></tr> </table><br /> <table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; font-size: 7pt; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: left; padding-right: 2pt"><font style="font: x-small Times New Roman">^<b>(1)</b></font></td> <td style="vertical-align: top; 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border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Loans</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Performing</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td colspan="2" style="white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Nonperforming</font></b></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; 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text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Commercial:</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">93,788</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">887</font></td> <td style="white-space: nowrap; 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text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">316,042</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">31</font></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; text-align: left"></td> <td style="white-space: nowrap; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 100%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; 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text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Commercial:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,394</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,417</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">70</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">19</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">89</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,962</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,961</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">196</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(41</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; 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white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 100%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1pt solid; 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white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">361</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,652</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Real estate</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Commercial:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,662</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(268</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,394</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">47</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">70</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Faith-based:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Mortgage</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,027</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(65</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,962</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 100%; white-space: nowrap; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Construction</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">85</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">111</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">196</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Industrial Revenue Bond</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">101</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(49</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">52</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">992</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(113</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">879</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="border-bottom: #000000 1.5pt solid; width: 100%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,175</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Arial">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,205</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">A summary of premises and equipment is as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 9%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Land</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">873</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">873</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Buildings</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,684</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,386</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Leasehold improvements</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,537</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,120</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Furniture, fixtures and equipment</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">16,332</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,801</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Purchased software</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,043</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,819</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Internally developed software</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">17,428</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">16,485</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 90%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">56,897</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">52,484</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Less accumulated depreciation</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">34,866</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">30,898</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 90%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">22,031</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">21,586</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The Company and its subsidiaries lease various premises under operating lease agreements which expire at various dates through 2024. Rental expense for 2018, 2017 and 2016 was $1,648,000, $1,499,000 and $1,397,000, respectively. 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white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,639</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2020</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,902</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2021</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,769</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2022</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,646</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2023</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">724</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">2024+</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">3,040</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">10,720</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">Details of the Company&#8217;s intangible assets are as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; line-height: 14pt"> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="6" style="width: 10%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 10%"><b><font style="font: x-small Times New Roman">December 31, 2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="6" style="width: 10%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 10%"><b><font style="font: x-small Times New Roman">December 31, 2017</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Gross Carrying</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Accumulated</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Gross Carrying</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center">&#160;</td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Accumulated</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 78%"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 4%"><b><font style="font: x-small Times New Roman">Amount</font></b></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 1%"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="3" style="width: 5%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 5%"><b><font style="font: x-small Times New Roman">Amortization</font></b></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"></td> <td colspan="2" style="width: 4%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 4%"><b><font style="font: x-small Times New Roman">Amount</font></b></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 1%"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="3" style="width: 5%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: center; width: 5%"><b><font style="font: x-small Times New Roman">Amortization</font></b></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Assets eligible for amortization:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Customer lists</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,288</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(3,071</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,288</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(2,702</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Patent</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">72</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(16</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">72</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(12</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Non-compete agreements</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">332</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(326</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">332</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(291</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Software</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">234</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(234</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">234</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(234</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Other</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">500</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(225</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">500</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(191</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Unamortized intangible assets:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; padding-left: 15pt; width: 78%"><font style="font: x-small Times New Roman">Goodwill</font><b><font style="font: x-small Times New Roman">&#160;⁽¹⁾</font></b></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">12,796</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">(227</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">12,796</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">(227</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: silver"> <td style="width: 78%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 78%"><font style="font: x-small Times New Roman">Total intangible assets</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">18,222</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">(4,099</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">18,222</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 1%"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: right; width: 3%"><font style="font: x-small Times New Roman">(3,657</font></td> <td style="width: 1%; white-space: nowrap; border-bottom: black 1.5pt solid; text-align: left; width: 1%"><font style="font: x-small Times New Roman">)</font></td></tr></table><br /> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; font-size: 7pt"> <tr> <td style="width: 1%; padding-right: 2pt"><b><font style="font: x-small Times New Roman">⁽¹⁾</font></b></td> <td style="width: 99%"> <p style="text-align: justify"><font style="font: x-small Times New Roman">Amortization through December 31, 2001 prior to adoption of FASB ASC 350</font><font style="font: x-small Times New Roman">.</font></p></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">Interest-bearing deposits consist of the following:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="7" style="width: 11%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Dec</font></b><b><font style="font: x-small Times New Roman">ember 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest-bearing demand deposits</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">322,709</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">332,881</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Savings deposits</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,502</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,168</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Time deposits:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Less than $100</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,862</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,658</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">$100 to less than $250</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">51,658</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">33,385</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">$250 or more</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">15,937</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">16,455</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">408,668</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">396,547</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Weighted average interest rate</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1.00</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">.56</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">%</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">Interest on deposits consists of the following:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman"></font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="8" style="width: 14%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"><b><font style="font: x-small Times New Roman">December 31,</font></b></font></b> <b><font style="font: x-small Times New Roman"></font></b><b><font style="font: x-small Times New Roman"></font></b><b><font style="font: x-small Times New Roman"></font></b><b><font style="font: x-small Times New Roman"></font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest-bearing demand deposits</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,832</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,611</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,387</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Savings deposits</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">109</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">79</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">100</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Time deposits:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Less than $100</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">433</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">234</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">274</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">$100 to less than $250</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">152</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">114</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">191</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 15pt; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$250 or more</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">210</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">149</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">77</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">3,736</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">2,187</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">2,029</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The scheduled maturities of time deposits are summarized as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="width: 19%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 9%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b> <b><font style="font: x-small Times New Roman"></font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 9%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b> <b><font style="font: x-small Times New Roman"></font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Percent</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Percent</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Amount</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">of Total</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Amount</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">of Total</font></b></td></tr> <tr style="vertical-align: bottom; 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text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">One year</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">51,154</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">70.6</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">48,370</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">92.1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 79%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Two years</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,262</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25.2</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">281</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">0.5</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Three years</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">140</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">0.2</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,383</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.5</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 79%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Four years</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">983</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1.4</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">0.1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 79%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Five years</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,918</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">2.6</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,439</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">2.8</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 79%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">72,457</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">100.0</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">52,498</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">100.0</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">%</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The table below shows activity in the outstanding shares of the Company&#8217;s common stock during 2018.</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 60%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Shares outstanding at January 1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;12,286,896</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">20% stock dividend paid on December 14, 2018</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,457,484</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Issuance of common stock:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Employee restricted stock grants</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,530</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Employee SARs exercised</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,048</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Directors&#8217; compensation</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,526</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Shares repurchased</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(163,634</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Shares forfeited</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(564</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 95%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Shares outstanding at December 31</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">14,611,286</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The calculations of basic and diluted earnings per share are as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="8" style="width: 14%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b> <b><font style="font: x-small Times New Roman"></font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands except share and per share data)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman"></font></i></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Basic:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Net income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,268</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,014</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,348</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Weighted average common shares outstanding</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,675,136</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,700,557</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,718,228</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; padding-left: 45pt"><font style="font: x-small Times New Roman">Basic earnings per share</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">2.06</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1.70</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1.65</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Diluted:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Net income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,268</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,014</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,348</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Weighted average common shares outstanding</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,675,136</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,700,558</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,718,228</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Effect of dilutive restricted stock, performance based restricted stock (&#8220;PBRS&#8221;), and SARs</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">239,065</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">215,332</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">206,878</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Weighted average common shares outstanding assuming dilution</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,914,202</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,915,890</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,925,106</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; border-bottom: Black 1.5pt solid; text-align: left; padding-left: 45pt"><font style="font: x-small Times New Roman">Diluted earnings per share</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">2.03</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1.68</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1.63</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The following represent the major assumptions used to determine the net pension cost of the Plan:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Weighted average discount rate</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3.75</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.25</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Rate of increase in compensation levels</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(a</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(a</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(a</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 85%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">One-Year Nominal</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Annual Standard</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Asset Class</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Identical</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Observable</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman"></font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Identical</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Observable</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Assets</font></b></td> <td style="width: 1%; 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white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">(Level 2)</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Total</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">(Level 1)</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="2" style="width: 4%; 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white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">423</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160; </font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212; </font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">374</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">U.S. Small/Mid Cap Growth</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,405</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,405</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,111</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,111</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Non-U. S. Core</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,398</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212; </font><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,398</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21,065</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21,065</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">U.S. Large Cap Passive</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,471</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,471</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,717</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,717</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Emerging Markets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,217</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,217</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,052</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,052</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Fixed Income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">U.S. Core</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,609</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,609</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,284</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,284</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">U.S. Passive</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,827</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,827</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,345</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,345</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 70%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Opportunistic</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">4,230</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212; </font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">4,230</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">4,479</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">&#8212; </font><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">4,479</font></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 70%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; padding-left: 30pt"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">74,580</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">423</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">74,157</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">81,427</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">374</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">81,053</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The pretax amounts in accumulated other comprehensive loss as of December 31 were as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 80%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 9%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">The Plan</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 9%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">SERP</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 80%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom; background-color: Silver"> <td style="width: 80%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Prior service cost</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 80%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">Net actuarial loss</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">23,580</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">23,160</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 3%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,629</font></td> <td style="width: 1%; 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text-align: right"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25.26</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Forfeited</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; 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white-space: nowrap; text-align: left; background-color: Silver">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,925</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Promotional expense</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,344</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,557</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,187</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Professional fees</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">2,170</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,650</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; 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text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,424</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,316</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Data processing services</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">919</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">897</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">372</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Telecommunications</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">778</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">749</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,000</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Other</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,963</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,722</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,913</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total other operating expense</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">16,263</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,086</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,643</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The components of income tax expense are as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="font-size: 7pt; width: 100%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="border-bottom: #000000 1.5pt solid; width: 11%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">For the Years Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2016</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">&#160;</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Current:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Federal</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,557</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,250</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,456</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">State</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,043</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,638</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; 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text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Federal</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(3,404</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">4,256</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">301</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">State</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(117</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(259</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Total income tax expense</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">6,079</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">9,885</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">7,716</font></td> </tr></table></div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">A reconciliation of expected income tax expense, computed by applying the effective federal statutory rate of 21% for 2018 and 35% for each of 2017 and 2016 to income before income tax expense is as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="font-size: 7pt; width: 100%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="border-bottom: #000000 1.5pt solid; width: 11%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">For the Years Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2016</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Expected income tax expense</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">7,633</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">12,214</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">11,223</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">(Reductions) increases resulting from:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Tax-exempt income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(2,009</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(3,868</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(3,754</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">State taxes, net of federal benefit</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">732</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">896</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">623</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Share-based compensation adjustment</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(286</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(376</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Adjustment of deferred tax asset or liability for TCJA</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(74</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,824</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Other, net</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">83</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(805</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(376</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total income tax expense</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,079</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,885</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,716</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The tax effects of temporary differences which give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse; font-size: 7pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman"></font></b></td> <td colspan="7" style="width: 7%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Deferred tax assets:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Allowance for loan losses</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,376</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,413</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">ASC 715 pension funding liability</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">6,000</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">6,080</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Net operating loss carryforward&#160;^<b>(1)</b></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">50</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">76</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Supplemental executive retirement plan accrual</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,968</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,833</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Stock compensation</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,673</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,307</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Other</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">118</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 30pt"><font style="font: x-small Times New Roman">Total deferred tax assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">12,067</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">11,827</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Deferred tax liabilities:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Premises and equipment</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,937</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(2,248</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Pension</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(409</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(1,379</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Intangible assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,212</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,091</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Unrealized gain on investment in securities available-for-sale</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(156</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">(1,938</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Deferred income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(2,121</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Other</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">(80</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 30pt"><font style="font: x-small Times New Roman">Total deferred tax liabilities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(3,794</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">(8,777</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 92%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">Net deferred tax assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">8,273</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">3,050</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td></tr></table> <br /> <table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; width: 100%"> <tr style="vertical-align: bottom"> <td style="vertical-align: top; width: 1%; text-align: left; padding-right: 2pt"><b><font style="font: x-small Times New Roman">⁽¹⁾</font></b></td> <td style="width: 99%; text-align: justify; vertical-align: top"><font style="font: x-small Times New Roman">As of December 31, 2018, the Company had approximately $238,000 of net operating loss carry forwards as a result of the acquisition of Franklin Bancorp. The utilization of the net operating loss carry forward is subject to Section 382 of the Internal Revenue Code and limits the Company&#8217;s use to approximately $122,000 per year during the carry forward period, which expires in 2020.</font></td></tr></table></div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The reconciliation of the beginning unrecognized tax benefits balance to the ending balance is presented in the following table:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse; font-size: 7pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">2016</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Balance at January 1</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,632</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,623</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,194</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Changes in unrecognized tax benefits as a result of tax positions taken during a prior year</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(135</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(15</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">407</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; text-align: left; padding-left: 30pt; text-indent: -15pt; background-color: Silver"><font style="font: x-small Times New Roman">Changes in unrecognized tax benefits as a result of tax position taken during the current year</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">192</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">263</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">311</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Decreases in unrecognized tax benefits relating to settlements with taxing authorities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#151;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; border-bottom: Black 1pt solid; text-align: left; padding-left: 30pt; text-indent: -15pt; background-color: Silver"><font style="font: x-small Times New Roman">Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">(286</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">(239</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">(289</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">Balance at December 31</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1,403</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1,632</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid"><font style="font: x-small Times New Roman">1,623</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">The following table shows conditional commitments to extend credit, standby letters of credit and commercial letters:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 94%; white-space: nowrap; text-align: left"></td> <td colspan="6" style="width: 6%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 94%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td colspan="2" style="width: 1%; 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text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">144,010</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">87,013</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 94%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Standby letters of credit</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,368</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,347</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 94%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">Commercial letters of credit</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">3,486</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">3,246</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">Following is a summary of the carrying amounts and fair values of the Company&#8217;s financial instruments:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; line-height: 14pt; border-collapse: collapse; font-size: 7pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="width: 11%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman"></font></b><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Carrying</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Carrying</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="width: 1%; white-space: nowrap; text-align: left; 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white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Balance sheet assets:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Cash and cash equivalents</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">230,933</font></td> <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">230,933</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">228,110</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">228,110</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Investment in securities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">441,534</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">441,534</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">470,523</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">470,523</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Loans, net</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">711,362</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">711,090</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">676,026</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">675,020</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Accrued interest receivable</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">7,069</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">7,069</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">7,413</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid; background-color: Silver"><font style="font: x-small Times New Roman">7,413</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 30pt"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,390,898</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,390,626</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,382,072</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">1,381,066</font></td></tr> <tr> <td colspan="13" style="width: 100%">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Balance sheet liabilities:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Deposits</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">721,926</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">722,018</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">678,088</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">678,346</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Accounts and drafts payable</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">694,360</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">694,360</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">661,888</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">661,888</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid; padding-left: 15pt"><font style="font: x-small Times New Roman">Accrued interest payable</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">91</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">91</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">55</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><font style="font: x-small Times New Roman">55</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; padding-left: 30pt; background-color: Silver"><font style="font: x-small Times New Roman">Total</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">1,416,377</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">1,416,469</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">1,340,031</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt solid; background-color: Silver"><font style="font: x-small Times New Roman">1,340,289</font></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">Summarized information about the Company&#8217;s operations in each industry segment for the years ended December 31, 2018, 2017 and 2016, is as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Corporate,</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Information</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Banking</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Eliminations</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"><b><i><font style="font: x-small Times New Roman">(In thousands)</font></i></b></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"><b><font style="font: x-small Times New Roman">Services</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt solid"></td> <td style="width: 1%; white-space: nowrap; text-align: center; 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text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Fee income from customers</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">102,839</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,307</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(70</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">104,076</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Interest income*</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">22,273</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">23,706</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">4,369</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">50,348</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest expense</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right">&#151;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,736</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right">&#151;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,736</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">142</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right">&#151;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,396</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><font style="font: x-small Times New Roman">Tax-equivalized pre-tax income*</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">24,962</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">11,625</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">2,181</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">38,768</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Goodwill</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,433</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; 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white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,554</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver">&#151;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver">&#151;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,554</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 87%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total Assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">826,201</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">886,291</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(17,316</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,695,176</font></td></tr></table> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">Funding Sources</font></font></td> <td style="border-bottom: #000000 1pt solid; 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background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#8212;</font></font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,215,386</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left"><b><i><font style="font: x-small Times New Roman">2017</font></i></b></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; 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width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">481</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,512</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; 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white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">47,667</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest expense</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,187</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,187</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Intersegment income (expense)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; 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white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,691</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,908</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">40,589</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Goodwill</font></td> <td style="background-color: #c0c0c0; 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width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,569</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Other intangible assets, net</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,996</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,996</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total Assets</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">854,214</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">830,672</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(27,677</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,603,209</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Funding Sources</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">604,493</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">598,986</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,203,479</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left"><b><i><font style="font: x-small Times New Roman">2016</font></i></b></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Fee income from customers</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">83,821</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,417</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">898</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">86,136</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest income*</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,729</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,088</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,614</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">45,431</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest expense</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,029</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,029</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Intersegment income (expense)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,136</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,136</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Depreciation and amortization</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,488</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">165</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,653</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Tax-equivalized pre-tax income*</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,065</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,090</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,410</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">37,565</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Goodwill</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,454</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">136</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,590</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Other intangible assets, net</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,997</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,997</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total Assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">763,999</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">756,164</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(15,324</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,504,839</font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 78%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Funding Sources</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">545,726</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">614,974</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,160,700</font></td></tr></table> <p style="text-align: justify"><b><font style="font: xx-small Times New Roman"></font></b></p> <div> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%"> <tr> <td style="vertical-align: top; width: 1%; padding-right: 2pt"><font style="font: x-small Times New Roman">* </font></td> <td style="vertical-align: top; width: 99%"> <p style="text-align: justify"><font style="font: x-small Times New Roman">Presented on a tax-equivalent basis assuming a tax rate of 21% for 2018 and 35% for 2017 and 2016. The tax-equivalent adjustment was approximately $2,422,000 for 2018, $5,691,000 for 2017, and $5,550,000 for 2016.</font></p></td></tr></table></div></div> <div><table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"><tr style="vertical-align: bottom"><td style="width: 85%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="9" style="width: 14%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Condensed Statements of Income</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="9" style="border-bottom: #000000 1.5pt solid; width: 14%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">For the Years Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 85%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Income from subsidiaries:</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Interest</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Management fees</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,668</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,172</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,105</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Income from subsidiaries</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,668</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,172</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,107</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Information services revenue</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">100,628</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">93,133</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">83,543</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net interest income after provision</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,159</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,217</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,389</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">(Loss) Gain on sales of investment securities</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(42</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">387</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Other income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">456</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">483</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">504</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Total income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">117,869</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">109,005</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">99,930</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Expenses:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Salaries and employee benefits</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">77,946</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">70,409</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">65,968</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Other expenses</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,442</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,333</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,133</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Total expenses</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">101,388</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">90,742</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">84,101</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Income before income tax and equity in undistributed</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">income of subsidiaries</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">16,481</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,263</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,829</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Income tax expense</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,788</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,394</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,540</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Income before undistributed income of subsidiaries</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,693</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,869</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,289</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Equity in undistributed income of subsidiaries</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,575</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,145</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,059</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,268</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: Black 1pt none; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,014</font></td> <td style="border-bottom: Black 1pt none; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,348</font></td></tr></table></div> <div><table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"><tr style="vertical-align: bottom"><td style="width: 85%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="width: 14%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Condensed Statements of Cash Flows</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="border-bottom: #000000 1.5pt solid; width: 14%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">For the Years Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 85%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Cash flows from operating activities:</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,268</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,014</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,348</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 12pt; text-indent: -12pt"><font style="font: x-small Times New Roman">Adjustments to reconcile net income to net cash (used in) provided by operating activities:</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Equity in undistributed income of subsidiaries</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(15,575</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(11,145</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(10,059</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net change in other assets</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(76,686</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(41,013</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(7,085</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net change in other liabilities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,829</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,118</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,683</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Amortization of stock-based awards</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,583</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,743</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,677</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Other, net</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,242</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,219</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,558</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net cash provided by (used in) operating activities</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(45,339</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(6,064</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,122</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Cash flows from investing activities:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net decrease (increase) in securities</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,615</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(80,621</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(33,025</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net (increase) decrease in loans</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(7,949</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">34,944</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">40,431</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Purchases of premises and equipment, net</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,211</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,020</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,557</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net cash (used in) provided by investing activities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,455</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(49,697</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,849</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Cash flows from financing activities:</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net increase in accounts and drafts payable</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">31,684</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,397</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">64,026</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Cash dividends paid</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(13,177</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(10,675</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(9,979</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Purchase of common shares for treasury</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(8,838</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(2,270</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(9,215</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Other financing activities</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(635</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(267</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,705</font></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Net cash provided by financing activities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,034</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,185</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">46,537</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Net (decrease) increase in cash and cash equivalents</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(33,850</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(48,576</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">72,508</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 85%; text-align: left"><font style="font: x-small Times New Roman">Cash and cash equivalents at beginning of year</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">104,786</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">153,362</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">80,854</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 85%; text-align: left"><font style="font: x-small Times New Roman">Cash and cash equivalents at end of year</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">70,936</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">104,786</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">153,362</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr></table> </div> <div><p style="text-align: justify"><font style="font: x-small Times New Roman">Following are the condensed balance sheets of the Company (parent company only) and the related condensed statements of income and cash flows.</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="width: 9%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Condensed Balance Sheets</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="5" style="border-bottom: #000000 1.5pt solid; width: 9%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 90%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">2017</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><b><font style="font: x-small Times New Roman">Assets</font></b></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><font style="font: x-small Times New Roman">Cash and due from banks</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">35,735</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">56,462</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><font style="font: x-small Times New Roman">Short-term investments</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">35,201</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">48,324</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><font style="font: x-small Times New Roman">Securities available-for-sale, at fair value</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">441,534</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">470,523</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><font style="font: x-small Times New Roman">Loans, net</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,188</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,239</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><font style="font: x-small Times New Roman">Investments in subsidiaries</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">130,231</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">113,681</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><font style="font: x-small Times New Roman">Premises and equipment, net</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21,358</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,927</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><font style="font: x-small Times New Roman">Other assets</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">278,151</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">199,865</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Total assets</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">962,398</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">922,021</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><b><font style="font: x-small Times New Roman">Liabilities and Shareholders&#8217; Equity</font></b></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><font style="font: x-small Times New Roman">Liabilities:</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left"><font style="font: x-small Times New Roman">Accounts and drafts payable</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">693,026</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">661,342</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left"><font style="font: x-small Times New Roman">Other liabilities</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">39,362</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">35,533</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total liabilities</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">732,388</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">696,875</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 90%; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total shareholders&#8217; equity</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">230,010</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: #c0c0c0; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">225,146</font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 90%; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Total liabilities and shareholders&#8217; equity</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">962,398</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">922,021</font></td></tr></table></div> <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 12<br />Other Operating Expense</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">Details of other operating expense are as follows:</font></p> <table cellspacing="0" cellpadding="0" border="0" style="font-size: 7pt; width: 100%; line-height: 14pt; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td colspan="11" style="border-bottom: #000000 1.5pt solid; width: 11%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">For the Years Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman"></font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman"></font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">2016</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: right"><b><font style="font: x-small Times New Roman">&#160;</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; 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white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">2,087</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,925</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Promotional expense</font></td> <td style="width: 1%; 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white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Professional fees</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">2,170</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,650</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,930</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Outside service fees</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,909</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,424</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,316</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Data processing services</font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">919</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">897</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">372</font></td> <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Telecommunications</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">778</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">749</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,000</font></td> <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 88%; white-space: nowrap; text-align: left; background-color: Silver"><font style="font: x-small Times New Roman">Other</font></td> <td style="border-bottom: #000000 1pt solid; 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width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">1,913</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total other operating expense</font></td> <td style="border-bottom: #000000 1.5pt solid; 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white-space: nowrap; text-align: center"></td> <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 78%; white-space: nowrap; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands except per share data)</font></i></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Quarter</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Quarter</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Quarter</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1.5pt solid; width: 3%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">Quarter</font></b></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;</td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="3" style="border-bottom: #000000 1.5pt solid; width: 4%; white-space: nowrap; text-align: center"><b><font style="font: x-small Times New Roman">YTD</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; 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width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Fee revenue and other income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,374</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,640</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">26,435</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">26,627</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">104,076</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; 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width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,215</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,910</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">47,926</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; 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text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,029</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,234</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,736</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Net interest income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,609</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,719</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,186</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,676</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">44,190</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Provision for loan losses</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating expense</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">26,182</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">27,463</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">28,530</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">29,744</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">111,919</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Income tax expense</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,709</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,387</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,481</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,502</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,079</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Net income</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,092</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,509</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,610</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,057</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,268</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Net income per share:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Basic earnings per share</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.55</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.51</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.52</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.48</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2.06</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Diluted earnings per share</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.54</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.50</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.51</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.47</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2.03</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><b><i><font style="font: x-small Times New Roman">2017</font></i></b></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Fee revenue and other income</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">22,771</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,800</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,207</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,734</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">95,512</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,999</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,332</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,665</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,981</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">41,977</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Interest expense</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">480</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">470</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">571</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">666</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,187</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Net interest income</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,519</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,862</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,094</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,315</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">39,790</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Provision for loan losses</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating expense</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,318</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,901</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,042</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">26,142</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">100,403</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Income tax expense</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,665</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,248</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,396</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,576</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman">&#160;⁽¹⁾&#160;</font></b></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman"></font></b></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman"></font></b></td> <td style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,885</font></td> <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman">^&#160;(1)&#160;</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Net income</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,307</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,513</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,863</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,331</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,014</font></td> <td style="border-bottom: #000000 1.5pt solid; background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Net income per share:</font></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td> <td style="width: 2%; white-space: nowrap; text-align: left"></td> <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Basic earnings per share</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.43</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.44</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.47</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.36</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="background-color: #c0c0c0; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1.70</font></td> <td style="background-color: #c0c0c0; width: 1%; white-space: nowrap; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1.5pt solid; width: 78%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Diluted earnings per share</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.42</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.44</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.46</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">.36</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td> <td style="border-bottom: #000000 1.5pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1.68</font></td> <td style="border-bottom: #000000 1.5pt solid; width: 1%; white-space: nowrap; text-align: left"></td></tr></table> <p style="text-align: justify"><b><font style="font: xx-small Times New Roman"></font></b></p> <table cellspacing="0" cellpadding="0" border="0" style="width: 100%"> <tr> <td style="width: 1%; padding-right: 2pt"> <p style="text-align: justify"><font style="font: x-small Times New Roman">^<b>(1)</b></font></p></td> <td style="width: 99%"> <p style="text-align: justify"><font style="font: x-small Times New Roman">Includes one-time, non-cash TCJA charge of $1,824,000 </font></p></td></tr></table> 67276000 72961000 78461000 16437000 20361000 23720000 84989000 94671000 103516000 1147000 841000 560000 39401000 39790000 44190000 <div><p style="text-align: justify"><b><font style="font: x-small Times New Roman">Note 16<br /></font></b><b><font style="font: x-small Times New Roman">Revenue from Contracts with Customers</font></b></p> <p style="text-align: justify"><font style="font: x-small Times New Roman">On January 1, 2018, the Company adopted FASB ASC 606 </font><font style="font: x-small Times New Roman">and selected the modified retrospective transition method. The adoption of this new standard did not impact the Company&#8217;s results of operations or balance sheet and there was no cumulative effect of initially applying this new revenue standard to the opening balance of retained earnings. Since interest income on loans and securities are both excluded from this topic, a significant portion of the Company&#8217;s revenues are not subject to the new guidance. The services that fall within the scope of FASB ASC 606 are presented within fee revenue and other income in the Consolidated Statements of Income and are recognized as revenue as the obligation to the customer is satisfied. 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The contracts have no significant impact of variable consideration and no significant financing components. </font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Invoice payment fees </font></i><font style="font: x-small Times New Roman">&#8211; The Company earns fees on a transaction level basis for invoice payment services when making customer payments. Fees are recognized at the point in time when the payment transactions are made, which is when the performance obligation is satisfied. The contracts have no significant impact of variable consideration and no significant financing components. </font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">Bank service fees </font></i><font style="font: x-small Times New Roman">&#8211; Revenue from service fees consists of service charges and fees on deposit accounts under depository agreements with customers to provide access to deposited funds. Service charges on deposit accounts are transaction based fees that are recognized at the point in time when the performance obligation is satisfied. Service charges are recognized on a monthly basis representing the period over which the performance obligation is satisfied. The contracts have no significant impact of variable consideration and no significant financing components.</font></p> <p style="text-align: justify"><i><font style="font: x-small Times New Roman">OREO </font></i><font style="font: x-small Times New Roman">&#8211; The Company currently does not have any OREO and has not in recent years. Net gains or losses would be recorded when other real estate is sold to a third party and substantially all of the consideration for the transfer of property is received.</font></p> <table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: left"></td> <td style="text-align: left"></td> <td colspan="8" style="border-bottom: #000000 1pt solid; text-align: center"><b><font style="font: x-small Times New Roman">For the Years Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1pt solid; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1pt solid; text-align: center"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1pt solid; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1pt solid; text-align: center"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1pt solid; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1pt solid; text-align: center"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; width: 91%; text-align: left"><font style="font: x-small Times New Roman">Fee revenue and other income</font></td> <td style="background-color: #c0c0c0; width: 1%; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; text-align: left"></td> <td style="background-color: #c0c0c0; width: 1%; text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 15pt"><i><font style="font: x-small Times New Roman">In-scope of FASB ASC 606</font></i></td> <td style="text-align: left"></td> <td style="text-align: left"></td> <td style="text-align: left"></td> <td style="text-align: left"></td> <td style="text-align: left"></td> <td style="text-align: left"></td> <td style="text-align: left"></td> <td style="text-align: left"></td> <td style="text-align: left"></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Invoice processing fees</font></td> <td style="background-color: #c0c0c0; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; 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text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: right"><font style="font: x-small Times New Roman">1,335</font></td> <td style="text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: right"><font style="font: x-small Times New Roman">1,349</font></td> <td style="text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: right"><font style="font: x-small Times New Roman">1,276</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Fee revenue (in-scope of FASB ASC 606)</font></td> <td style="background-color: #c0c0c0; text-align: left"></td> <td style="background-color: #c0c0c0; 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background-color: White; text-align: right"><font style="font: x-small Times New Roman">39,790</font></td> <td style="background-color: White; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: right"><font style="font: x-small Times New Roman">39,401</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: Silver; text-align: left; padding-left: 60pt"><font style="font: x-small Times New Roman">Total net revenue</font></td> <td style="background-color: Silver; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: right"><font style="font: x-small Times New Roman">148,266</font></td> <td style="background-color: Silver; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: right"><font style="font: x-small Times New Roman">135,302</font></td> <td style="background-color: Silver; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: right"><font style="font: x-small Times New Roman">125,537</font></td></tr></table></div> <div><table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"><tr style="vertical-align: bottom"><td colspan="8" style="border-bottom: #000000 1pt solid; text-align: center"><b><font style="font: x-small Times New Roman">For the Years Ended December 31,</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #000000 1pt solid; text-align: left"><i><font style="font: x-small Times New Roman">(In thousands)</font></i></td> <td style="border-bottom: #000000 1pt solid; text-align: left">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1pt solid; text-align: center"><b><font style="font: x-small Times New Roman">2018</font></b></td> <td style="border-bottom: #000000 1pt solid; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1pt solid; text-align: center"><b><font style="font: x-small Times New Roman">2017</font></b></td> <td style="border-bottom: #000000 1pt solid; text-align: center">&#160;&#160;&#160;&#160;&#160;</td> <td colspan="2" style="border-bottom: #000000 1pt solid; text-align: center"><b><font style="font: x-small Times New Roman">2016</font></b></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; 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text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Invoice processing fees</font></td> <td style="background-color: #c0c0c0; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman">78,461</font></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman">72,961</font></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;&#160;&#160;&#160;</font></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman">67,276</font></td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Invoice payment fees</font></td> <td style="text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: right"><font style="font: x-small Times New Roman">23,720</font></td> <td style="text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: right"><font style="font: x-small Times New Roman">20,361</font></td> <td style="text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: right"><font style="font: x-small Times New Roman">16,437</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; text-align: left; padding-left: 60pt"><font style="font: x-small Times New Roman">Information services payment and processing revenue</font></td> <td style="background-color: #c0c0c0; text-align: left"></td> <td style="background-color: #c0c0c0; text-align: left"></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman">102,181</font></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; text-align: left"></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman">93,322</font></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; text-align: left"></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman">83,713</font></td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 30pt"><font style="font: x-small Times New Roman">Bank service fees</font></td> <td style="text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: right"><font style="font: x-small Times New Roman">1,335</font></td> <td style="text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: right"><font style="font: x-small Times New Roman">1,349</font></td> <td style="text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; text-align: right"><font style="font: x-small Times New Roman">1,276</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: #c0c0c0; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Fee revenue (in-scope of FASB ASC 606)</font></td> <td style="background-color: #c0c0c0; text-align: left"></td> <td style="background-color: #c0c0c0; text-align: left"></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman">103,516</font></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; text-align: left"></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman">94,671</font></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="background-color: #c0c0c0; text-align: left"></td> <td style="background-color: #c0c0c0; text-align: right"><font style="font: x-small Times New Roman">84,989</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Other income (out-of-scope of FASB ASC 606)</font></td> <td style="background-color: White; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: right"><font style="font: x-small Times New Roman">560</font></td> <td style="background-color: White; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: right"><font style="font: x-small Times New Roman">841</font></td> <td style="background-color: White; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: right"><font style="font: x-small Times New Roman">1,147</font></td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-left: 60pt; background-color: Silver"><font style="font: x-small Times New Roman">Total fee revenue and other income</font></td> <td style="text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">104,076</font></td> <td style="text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">95,512</font></td> <td style="text-align: right; background-color: Silver"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; text-align: left; background-color: Silver"></td> <td style="border-bottom: #000000 1pt solid; text-align: right; background-color: Silver"><font style="font: x-small Times New Roman">86,136</font></td></tr> <tr> <td colspan="10" style="background-color: Silver">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Net interest income after provision for loan losses (out-of-scope of FASB ASC 606)</font></td> <td style="background-color: White; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: right"><font style="font: x-small Times New Roman">44,190</font></td> <td style="background-color: White; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: right"><font style="font: x-small Times New Roman">39,790</font></td> <td style="background-color: White; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: left"></td> <td style="border-bottom: #000000 1pt solid; background-color: White; text-align: right"><font style="font: x-small Times New Roman">39,401</font></td></tr> <tr style="vertical-align: bottom"> <td style="background-color: Silver; text-align: left; padding-left: 60pt"><font style="font: x-small Times New Roman">Total net revenue</font></td> <td style="background-color: Silver; text-align: left"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: right"><font style="font: x-small Times New Roman">148,266</font></td> <td style="background-color: Silver; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: right"><font style="font: x-small Times New Roman">135,302</font></td> <td style="background-color: Silver; text-align: right"><font style="font: x-small Times New Roman"></font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: left"><font style="font: x-small Times New Roman">$</font></td> <td style="border-bottom: Black 2pt double; background-color: Silver; text-align: right"><font style="font: x-small Times New Roman">125,537</font></td></tr></table></div> 11000000 9000000 6810000 5799000 5367000 Share and per share figures adjusted for the 20% stock dividend that was paid on December 14, 2018. Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk, who have the apparent ability to satisfy their loan obligation. 6.0% graded down to 3.25% over the first seven years of service. As of December 31, 2018, the Company had approximately $238,000 of net operating loss carry forwards as a result of the acquisition of Franklin Bancorp. The utilization of the net operating loss carry forward is subject to Section 382 of the Internal Revenue Code and limits the Company's use to approximately $122,000 per year during the carry forward period, which expires in 2020. Presented on a tax-equivalent basis assuming a tax rate of 21% for 2018 and 35% for 2017 and 2016. The tax-equivalent adjustment was approximately $2,422,000 for 2018, $5,691,000 for 2017, and $5,550,000 for 2016. Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a high level of management attention. Amortization through December 31, 2001 prior to adoption of FASB ASC 350. Includes one-time, non-cash TCJA charge of $1,824,000