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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 12,906 $ 9,200
Securities available for sale, at fair value (amortized cost of $460,832 and $461,635, respectively) 466,934 450,170
Federal Home Loan Bank stock 21,354 18,370
Loans 897,945 852,857
Allowance for loan losses (8,635) (8,475)
Loans, net of allowance for loan losses 889,310 844,382
Premises and equipment, net 20,258 20,145
Goodwill 4,935 4,935
Bank owned life insurance 8,075 7,879
Other assets 15,354 18,812
TOTAL ASSETS 1,439,126 1,373,893
Deposits:    
Demand and other non-interest bearing deposits 81,059 72,259
NOW accounts 149,764 135,246
Savings and money market deposits 265,013 232,558
Time deposits 391,280 395,588
Total deposits 887,116 835,651
Short-term borrowings 305,122 312,945
Long-term advances from Federal Home Loan Bank 93,500 91,500
Junior subordinated debentures 5,000 5,000
Other liabilities 7,034 7,418
TOTAL LIABILITIES 1,297,772 1,252,514
Shareholders' equity    
Capital stock, par value $2.00; authorized 15,000,000 and 10,000,000 shares; issued 6,788,407 and 4,525,635 shares at September 30, 2014 and December 31, 2013, respectively 13,577 9,051
Surplus 20,769 25,085
Retained earnings 111,442 103,907
Accumulated other comprehensive (loss) income:    
Prior service cost and unamortized net actuarial losses on employee benefit plans, net of tax of ($185) and ($192), at September 30, 2014 and December 31, 2013, respectively (359) (373)
Net unrealized appreciation (depreciation) on securities available for sale, net of tax of $1,819 and ($4,150), at September 30, 2014 and December 31, 2013, respectively 3,533 (8,055)
Portion of OTTI attributable to non-credit gains, net of tax of $255 and $252, at September 30, 2014 and December 31, 2013, respectively 495 488
Net unrealized appreciation on derivative instruments, net of tax of $83 and $0, at September 30, 2014 and December 31, 2013, respectively 159  
Total accumulated other comprehensive income (loss) 3,828 (7,940)
Less: cost of 852,831 and 879,840 shares of treasury stock at September 30, 2014 and December 31, 2013, respectively (8,262) (8,724)
TOTAL SHAREHOLDERS' EQUITY 141,354 121,379
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,439,126 $ 1,373,893