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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2013
Assets      
Cash and cash equivalents $ 20,416 $ 16,570 $ 18,683
Interest bearing deposits in other banks 272 2,562 334
Securities available for sale 303,880 305,824 287,735
Securities to be held to maturity (fair value of $195,550,000 at June 30, 2014, $158,336,000 at December 31, 2013 and $174,790,000 at June 30, 2013) 198,135 169,277 177,264
Restricted equity securities, at cost 13,912 13,912 13,912
Loans held for sale 272 83 1,047
Loans 891,864 876,367 866,071
Less allowance for loan losses 11,644 11,514 12,670
Total loans 880,220 864,853 853,401
Accrued interest receivable 6,247 5,038 6,443
Premises and equipment, net 21,933 23,616 23,913
Other real estate owned 4,863 4,807 5,826
Goodwill 29,805 29,805 29,805
Other assets 24,125 27,616 26,133
Total assets 1,504,080 1,463,963 1,444,496
Liabilities      
Demand deposits 99,210 106,125 88,540
NOW deposits 174,680 151,322 139,022
Money market deposits 92,060 86,730 87,993
Savings deposits 153,602 149,103 142,718
Certificates of deposit 513,884 531,119 569,409
Total deposits 1,033,436 1,024,399 1,027,682
Borrowed funds – short term 183,375 148,977 116,956
Borrowed funds – long term 115,145 130,148 140,152
Other liabilities 14,675 14,341 13,734
Total liabilities 1,346,631 1,317,865 1,298,524
Shareholders' equity      
Common stock, one cent par value per share 107 106 106
Additional paid-in capital 58,823 58,395 58,066
Retained earnings 96,785 94,000 91,348
Accumulated other comprehensive income (loss)      
Net unrealized gain (loss) on securities available for sale 1,546 (6,591) (3,433)
Net unrealized gain (loss) on postretirement benefit costs 188 188 (115)
Total shareholders' equity 157,449 146,098 145,972
Total liabilities & shareholders' equity $ 1,504,080 $ 1,463,963 $ 1,444,496
Common Stock      
Number of shares authorized (shares) 18,000,000 18,000,000 18,000,000
Number of shares issued and outstanding (shares) 10,710,673 10,671,192 10,659,764
Book value per common share (usd per share) $ 14.70 $ 13.69 $ 13.69
Tangible book value per common share (usd per share) $ 11.87 $ 10.83 $ 10.82