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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 17,135 $ 14,881
Short-term investments 105,536 88,356
Cash and cash equivalents 122,671 103,237
Securities available-for-sale, at fair value 143,729 144,698
Securities held-to-maturity, at amortized cost 38,364 41,563
Loans held-for-sale 2,910 1,340
Loans and leases receivable, net of allowance for loan and lease losses of $15,359 and $14,329, respectively 1,361,813 1,265,098
Premises and equipment, net 3,889 3,943
Foreclosed properties 1,632 1,693
Cash surrender value of bank-owned life insurance 28,029 27,314
Investment in Federal Home Loan Bank and Federal Reserve Bank stock, at cost 2,843 2,340
Accrued interest receivable and other assets 26,029 26,217
Goodwill and other intangible assets 12,244 11,944
Total assets 1,744,153 1,629,387
Liabilities and Stockholders’ Equity    
Deposits 1,539,370 1,438,268
Federal Home Loan Bank and other borrowings 36,354 33,994
Junior subordinated notes 10,315 10,315
Accrued interest payable and other liabilities 10,147 9,062
Total liabilities 1,596,186 1,491,639
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, 8,920,599 and 8,873,353 shares issued, 8,698,775 and 8,671,854 shares outstanding at September 30, 2015 and December 31, 2014, respectively 89 45
Additional paid-in capital 76,189 74,963
Retained earnings 77,458 67,886
Accumulated other comprehensive income 512 218
Treasury stock (221,824 and 201,499 shares at September 30, 2015 and December 31, 2014, respectively), at cost (6,281) (5,364)
Total stockholders’ equity 147,967 137,748
Total liabilities and stockholders’ equity $ 1,744,153 $ 1,629,387