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Consolidated Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 14,115,000 $ 13,838,000
Interest bearing deposits in other banks 0 100,000
Securities available for sale 286,202,000 293,229,000
Securities to be held to maturity, fair value of $130,677,000 at December 31, 2011, and $110,366,000 at December 31, 2010 122,661,000 107,380,000
Federal Reserve Bank stock, at cost 1,412,000 1,412,000
Federal Home Loan Bank stock, at cost 14,031,000 14,031,000
Loans held for sale 0 2,806,000
Loans 864,988,000 887,596,000
Less allowance for loan losses 13,000,000 13,316,000
Net loans 851,988,000 874,280,000
Accrued interest receivable 4,835,000 5,263,000
Premises and equipment, net 18,842,000 18,980,000
Other real estate owned 4,094,000 4,929,000
Goodwill 27,684,000 27,684,000
Other assets 27,003,000 29,870,000
Total assets 1,372,867,000 1,393,802,000
Liabilities    
Demand deposits 75,750,000 74,032,000
NOW deposits 122,775,000 119,823,000
Money market deposits 79,015,000 71,604,000
Savings deposits 114,617,000 100,870,000
Certificates of deposit 549,176,000 608,189,000
Total deposits 941,333,000 974,518,000
Borrowed funds - short term 135,500,000 127,160,000
Borrowed funds - long term 130,163,000 130,170,000
Other liabilities 15,013,000 12,106,000
Total Liabilities 1,222,009,000 1,243,954,000
Shareholders' equity    
Preferred stock, $1,000 preference value per share 12,303,000 24,705,000
Common stock, one cent par value per share 98,000 98,000
Additional paid-in capital 45,829,000 45,474,000
Retained earnings 85,314,000 81,701,000
Accumulated other comprehensive loss    
Net unrealized gain (loss) on securities available for sale, net of tax of $3,985,000 in 2011 and tax benefit of $1,108,000 in 2010 7,401,000 (2,057,000)
Net unrealized loss on post-retirement benefit costs, net of tax benefit of $47,000 in 2011 and $39,000 in 2010 (87,000) (73,000)
Total shareholders' equity 150,858,000 149,848,000
Total liabilities and shareholders' equity $ 1,372,867,000 $ 1,393,802,000
Common stock    
Number of shares authorized 18,000,000 18,000,000
Number of shares issued and outstanding 9,812,180 9,773,025
Book value per share $ 14.12 $ 12.80
Tangible book value per common share $ 11.30 $ 9.97