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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 15,707 $ 18,174
Interest bearing deposits with banks 8,087 13,235
Cash and cash equivalents 23,794 31,409
Restricted investments in bank stock 9,199 8,350
Securities available for sale 376,436 376,199
Loans held for sale 4,130 3,159
Loans 751,530 704,946
Less: Allowance for loan losses (13,852) (14,747)
Net loans 737,678 690,199
Premises and equipment, net 24,314 24,800
Cash surrender value of life insurance 27,015 26,645
Intangible assets 309 414
Accrued interest receivable 3,359 3,097
Other assets 26,549 26,171
Total assets 1,232,783 1,190,443
Deposits:    
Non-interest bearing 142,790 116,302
Interest bearing 820,064 833,402
Total deposits 962,854 949,704
Short-term borrowings 103,276 86,742
Long-term debt 24,655 14,812
Accrued interest and other liabilities 11,736 11,920
Total liabilities 1,102,521 1,063,178
Shareholders’ Equity    
Preferred stock, $1.25 par value per share; 500,000 shares authorized; no shares issued or outstanding 0 0
Common stock, no par value—$0.05205 stated value per share 50,000,000 shares authorized; 8,325,210 and 8,264,554 shares issued; 8,324,399 and 8,263,743 shares outstanding 436 430
Additional paid - in capital 123,829 123,392
Retained earnings 5,272 1,887
Accumulated other comprehensive income 745 1,576
Treasury stock—common, 811 shares, at cost (20) (20)
Total shareholders’ equity 130,262 127,265
Total liabilities and shareholders’ equity $ 1,232,783 $ 1,190,443