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CONSOLIDATED STATEMENTS OF CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
ASSETS      
Cash and due from banks $ 17,384 $ 13,796 $ 14,299
Interest bearing deposits with banks 8,896 5,135 31,919
Total Cash and Cash Equivalents 26,280 18,931 46,218
Securities available for sale 133,719 142,990 117,001
Securities held to maturity, fair value $50,000; $60,897; $55,425 50,088 55,568 59,681
Loans held for sale 1,278 1,770 955
Loans, net of allowance for loan losses $14,148; $14,636; $14,194 955,527 893,716 852,196
Premises and equipment 18,170 18,153 18,965
Restricted investment in bank stocks 4,899 4,349 4,351
Investment in bank-owned life insurance 41,273 40,742 40,200
Investments in low-income housing partnerships 2,690 2,899 3,120
Goodwill 6,308 6,308 6,308
Intangible assets 526 688 859
Foreclosed assets held for resale 63 256 730
Other assets 21,115 19,950 18,526
Total Assets 1,261,936 1,206,320 1,169,110
Deposits:      
Non-interest bearing 190,572 180,593 177,366
Interest bearing 809,582 787,028 744,861
Total Deposits 1,000,154 967,621 922,227
Short-term borrowings 30,837 34,590 36,190
Long-term borrowings 95,850 74,250 80,500
Other liabilities 11,251 9,798 10,916
Total Liabilities 1,138,092 1,086,259 1,049,833
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; 6,139,499, 6,119,406 and 6,126,738 shares issued; 6,076,899, 6,056,806 and 6,064,138 shares outstanding 15,349 15,317 15,299
Treasury stock, at cost (62,600 shares) (728) (728) (728)
Additional paid-in capital 11,287 10,941 10,746
Retained earnings 103,488 100,555 97,638
Accumulated other comprehensive loss (5,552) (6,024) (3,678)
Total Stockholders’ Equity 123,844 120,061 119,277
Total Liabilities and Stockholders’ Equity $ 1,261,936 $ 1,206,320 $ 1,169,110