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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets    
Cash and due from banks $ 13,905 $ 13,219
Short-term investments 160,593 68,067
Cash and cash equivalents 174,498 81,286
Securities available-for-sale, at fair value 142,427 180,118
Securities held-to-maturity, at amortized cost 42,522 0
Loans and leases receivable, net of allowance for loan and lease losses of $13,930 and $13,901, respectively 1,027,886 967,050
Leasehold improvements and equipment, net 1,198 1,155
Foreclosed properties 106 333
Cash surrender value of bank-owned life insurance 23,772 23,142
Investment in Federal Home Loan Bank stock, at cost 1,349 1,255
Accrued interest receivable and other assets 13,809 14,316
Total assets 1,427,567 1,268,655
Liabilities and Stockholders’ Equity    
Deposits 1,269,200 1,129,855
Federal Home Loan Bank and other borrowings 22,936 11,936
Junior subordinated notes 10,315 10,315
Accrued interest payable and other liabilities 6,924 7,274
Total liabilities 1,309,375 1,159,380
Commitments and contingencies      
Stockholders’ equity:    
Preferred stock, $0.01 par value, 2,500,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.01 par value, 25,000,000 shares authorized, 4,131,470 and 4,106,084 shares issued, 3,959,115 and 3,943,997 shares outstanding at September 30, 2014 and December 31, 2013, respectively 41 41
Additional paid-in capital 56,894 56,002
Retained earnings 65,053 57,143
Accumulated other comprehensive income (loss) 233 (342)
Treasury stock, 172,355 and 162,087 shares at September 30, 2014 and December 31, 2013, respectively, at cost (4,029) (3,569)
Total stockholders’ equity 118,192 109,275
Total liabilities and stockholders’ equity $ 1,427,567 $ 1,268,655