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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 15,013 $ 18,174
Interest bearing deposits with banks 19,259 13,235
Cash and cash equivalents 34,272 31,409
Restricted investments in bank stock 7,106 8,350
Securities available for sale 394,251 376,199
Loans held for sale 4,117 3,159
Loans 762,858 704,946
Less: Allowance for loan losses (13,537) (14,747)
Net loans 749,321 690,199
Premises and equipment, net 24,242 24,800
Cash surrender value of life insurance 30,983 26,645
Intangible assets 258 414
Accrued interest receivable 3,537 3,097
Other assets 26,253 26,171
Total assets 1,274,340 1,190,443
Deposits:    
Non-interest bearing 139,565 116,302
Interest bearing 908,413 833,402
Total deposits 1,047,978 949,704
Short-term borrowings 54,831 86,742
Long-term debt 24,575 14,812
Accrued interest and other liabilities 12,228 11,920
Total liabilities 1,139,612 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; 8,322,479 and 8,264,554 shares issued; 8,312,855 and 8,263,743 shares outstanding 435 430
Additional paid - in capital 124,102 123,392
Retained earnings 7,151 1,887
Accumulated other comprehensive income 3,207 1,576
Treasury stock—common, 9,624 and 811 shares, at cost (167) (20)
Total shareholders’ equity 134,728 127,265
Total liabilities and shareholders’ equity $ 1,274,340 $ 1,190,443