XML 41 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 12,829 $ 14,881
Short-term investments 76,019 88,356
Cash and cash equivalents 88,848 103,237
Securities available-for-sale, at fair value 146,342 144,698
Securities held-to-maturity, at amortized cost 39,428 41,563
Loans held-for-sale 1,274 1,340
Loans and leases receivable, net of allowance for loan and lease losses of $15,199 and $14,329, respectively 1,334,091 1,265,098
Premises and equipment, net 3,998 3,943
Foreclosed properties 1,854 1,693
Cash surrender value of bank-owned life insurance 27,785 27,314
Investment in Federal Home Loan Bank and Federal Reserve Bank stock, at cost 2,891 2,340
Accrued interest receivable and other assets 24,920 26,217
Goodwill and other intangible assets 12,133 11,944
Total assets 1,683,564 1,629,387
Liabilities and Stockholders’ Equity    
Deposits 1,471,068 1,438,268
Federal Home Loan Bank and other borrowings 47,401 33,994
Junior subordinated notes 10,315 10,315
Accrued interest payable and other liabilities 10,493 9,062
Total liabilities 1,539,277 1,491,639
Commitments and contingencies 0 0
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, 4,545,457 and 4,537,426 shares issued, 4,334,918 and 4,335,927 shares outstanding at June 30, 2015 and December 31, 2014, respectively 45 45
Additional paid-in capital 75,792 74,963
Retained earnings 74,028 67,886
Accumulated other comprehensive income 207 218
Treasury stock (210,539 and 201,499 shares at June 30, 2015 and December 31, 2014, respectively), at cost (5,785) (5,364)
Total stockholders’ equity 144,287 137,748
Total liabilities and stockholders’ equity $ 1,683,564 $ 1,629,387