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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 17,787 $ 11,412
Interest bearing deposits with banks 19,854 16,928
Cash and cash equivalents 37,641 28,340
Restricted investments in bank stocks 6,615 8,720
Securities available for sale 374,902 394,124
Loans held for sale 3,956 5,917
Loans 847,061 781,713
Less: Allowance for loan losses (13,850) (13,568)
Net loans 833,211 768,145
Premises and equipment, net 34,630 23,960
Cash surrender value of life insurance 31,870 31,224
Intangible assets 122 207
Accrued interest receivable 3,690 3,845
Other assets 27,517 28,334
Total assets 1,354,154 1,292,816
Deposits:    
Non-interest bearing 148,388 131,390
Interest bearing 984,944 900,777
Total deposits 1,133,332 1,032,167
Short-term borrowings 42,852 89,156
Long-term debt 24,247 24,495
Accrued interest and other liabilities 13,928 13,937
Total liabilities 1,214,359 1,159,755
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; 8,357,941 and 8,320,479 shares issued; 8,289,739 and 8,272,591 shares outstanding 437 435
Additional paid - in capital 124,935 124,317
Retained earnings 10,483 7,939
Accumulated other comprehensive income 5,136 1,199
Treasury stock—common, 68,202 and 47,888 shares, at cost (1,196) (829)
Total shareholders’ equity 139,795 133,061
Total liabilities and shareholders’ equity $ 1,354,154 $ 1,292,816