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CONSOLIDATED STATEMENTS OF CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
ASSETS      
Cash and due from banks $ 14,406 $ 13,796 $ 12,948
Interest bearing deposits with banks 2,110 5,135 3,228
Total Cash and Cash Equivalents 16,516 18,931 16,176
Securities available for sale 137,099 142,990 119,412
Securities held to maturity, fair value $53,661; $70,569; $55,425 53,794 55,568 69,686
Loans held for sale 466 1,770 859
Loans, net of allowance for loan losses $14,145; $14,540; $14,194 938,331 893,716 852,450
Fixed assets held for sale 0 0 774
Premises and equipment 18,129 18,153 17,681
Restricted investment in bank stocks 5,089 4,349 4,840
Investment in bank-owned life insurance 40,997 40,742 39,910
Investments in low-income housing partnerships 2,794 2,899 3,232
Goodwill 6,308 6,308 6,308
Intangible assets 608 688 945
Foreclosed assets held for resale 85 256 564
Other assets 21,509 19,950 19,517
Total Assets 1,241,725 1,206,320 1,152,354
Deposits:      
Non-interest bearing 186,154 180,593 168,343
Interest bearing 804,340 787,028 744,472
Total Deposits 990,494 967,621 912,815
Short-term borrowings 27,968 34,590 32,492
Long-term borrowings 90,250 74,250 80,500
Other liabilities 11,171 9,798 9,605
Total Liabilities 1,119,883 1,086,259 1,035,412
STOCKHOLDERS’ EQUITY      
Preferred stock, $2.50 par value; 20,000,000 shares authorized; no shares outstanding 0 0 0
Common stock, $2.50 par value; 20,000,000 shares authorized; 6,129,649, 6,107,053 and 6,126,738 shares issued; 6,067,049, 6,044,453 and 6,064,138 shares outstanding 15,325 15,317 15,268
Treasury stock, at cost (62,600 shares) (728) (728) (728)
Additional paid-in capital 11,023 10,941 10,480
Retained earnings 101,979 100,555 95,865
Accumulated other comprehensive loss (5,757) (6,024) (3,943)
Total Stockholders’ Equity 121,842 120,061 116,942
Total Liabilities and Stockholders’ Equity $ 1,241,725 $ 1,206,320 $ 1,152,354