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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 39,847 $ 59,618
Interest-bearing deposits in banks 449 939
Investment securities available for sale, at fair value 257,321 260,131
Investment securities held to maturity (fair values of $7,194 and $10,841, respectively) 7,149 10,872
Mortgage loans held for sale 6,990 2,086
Loans, net of unearned income 1,714,361 1,649,754
Allowance for loan losses (17,868) (16,348)
Total loans, net of unearned income and allowance for loan losses 1,696,493 1,633,406
Office properties and equipment, net 46,425 47,124
Cash surrender value of bank-owned life insurance 39,466 29,560
Goodwill and core deposit intangibles 64,472 66,055
Accrued interest receivable and other assets 41,853 43,867
Total Assets 2,200,465 2,153,658
Deposits:    
Noninterest-bearing 437,828 438,146
Interest-bearing 1,383,147 1,335,071
Total deposits 1,820,975 1,773,217
Other borrowings 5,539 5,539
Long-term Federal Home Loan Bank advances 40,620 58,698
Accrued interest payable and other liabilities 17,002 12,164
Total Liabilities 1,884,136 1,849,618
Shareholders’ Equity    
Preferred stock, $0.01 par value - 10,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value - 40,000,000 shares authorized; 9,252,418 and 9,459,050 shares issued and outstanding, respectively 93 95
Additional paid-in capital 168,545 168,243
Unallocated common stock held by:    
Employee Stock Ownership Plan (ESOP) (3,124) (3,481)
Recognition and Retention Plan (RRP) (35) (58)
Retained earnings 150,158 141,447
Accumulated other comprehensive income (loss) 692 (2,206)
Total Shareholders’ Equity 316,329 304,040
Total Liabilities and Shareholders’ Equity $ 2,200,465 $ 2,153,658