XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Sep. 30, 2017
ASSETS      
Cash and due from banks $ 18,145 $ 19,304 $ 17,882
Interest bearing deposits with banks 45,551 15,137 31,609
Total Cash and Cash Equivalents 63,696 34,441 49,491
Equity securities with readily determinable fair values 1,743 0 0
Debt securities available for sale 162,957 159,051 158,392
Securities held to maturity, fair value $32,767; $47,373; $44,549 33,517 44,829 47,369
Loans held for sale 1,112 1,736 1,873
Loans, net of allowance for loan losses $13,414; $14,105; $13,976 1,259,032 1,230,194 1,222,265
Premises and equipment 26,097 26,774 26,590
Restricted investment in bank stocks 4,529 4,773 4,821
Investment in bank-owned life insurance 46,242 44,935 44,666
Investments in low-income housing partnerships 2,096 2,446 2,587
Goodwill 19,580 19,580 19,580
Intangible assets 2,628 2,569 2,752
Foreclosed assets held for resale 63 436 275
Other assets 24,507 23,668 26,974
Total Assets 1,647,799 1,595,432 1,607,635
Deposits:      
Non-interest bearing 292,389 279,413 273,853
Interest bearing 1,054,854 1,019,079 1,038,031
Total Deposits 1,347,243 1,298,492 1,311,884
Short-term borrowings 38,525 36,908 33,806
Long-term borrowings 84,725 94,600 96,850
Other liabilities 12,794 11,466 11,839
Total Liabilities 1,483,287 1,441,466 1,454,379
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; 7,104,824, 7,082,245 and 7,086,258 shares issued; 7,042,224, 7,019,645 and 7,023,658 shares outstanding 17,762 17,716 17,705
Treasury stock, at cost (62,600 shares) (728) (728) (728)
Additional paid-in capital 38,321 37,777 37,671
Retained earnings 118,192 106,293 103,997
Accumulated other comprehensive loss (9,035) (7,092) (5,389)
Total Stockholders’ Equity 164,512 153,966 153,256
Total Liabilities and Stockholders’ Equity $ 1,647,799 $ 1,595,432 $ 1,607,635