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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 14,299 $ 13,057
Interest-bearing deposits in other banks 4,013 3,559
Securities available for sale 223,039 185,261
Securities to be held to maturity (fair value of $243,123,000 at December 31, 2015, and $279,704,000 at December 31, 2014) 240,023 275,919
Restricted equity securities, at cost 14,257 13,912
Loans held for sale 349 0
Loans 988,638 917,564
Less allowance for loan losses 9,916 10,344
Net loans 978,722 907,220
Accrued interest receivable 4,912 4,748
Premises and equipment, net 21,816 22,619
Other real estate owned 1,532 3,785
Goodwill 29,805 29,805
Other assets 32,043 22,246
Total assets 1,564,810 1,482,131
Liabilities    
Demand deposits 130,566 113,133
NOW deposits 242,638 199,977
Money market deposits 92,994 98,607
Savings deposits 206,009 165,601
Certificates of deposit 370,982 447,501
Total deposits 1,043,189 1,024,819
Borrowed funds – short term 222,323 189,775
Borrowed funds – long term 115,134 90,141
Other liabilities 16,666 15,842
Total liabilities $ 1,397,312 $ 1,320,577
Commitments and contingent liabilities
Shareholders' equity    
Common stock, one cent par value per share $ 108 $ 107
Additional paid-in capital 59,862 59,282
Retained earnings 106,673 99,816
Accumulated other comprehensive income (loss)    
Net unrealized gain on securities available for sale 1,123 2,522
Net unrealized loss on securities transferred from available for sale to held to maturity (112) (48)
Net unrecognized loss on postretirement benefit costs (156) (125)
Total shareholders' equity 167,498 161,554
Total liabilities and shareholders' equity $ 1,564,810 $ 1,482,131
Common stock    
Number of shares authorized (in shares) 18,000,000 18,000,000
Number of shares issued (in shares) 10,753,855 10,724,359
Number of shares outstanding (in shares) 10,753,855 10,724,359
Book value per common share (usd per share) $ 15.58 $ 15.06
Tangible book value per common share (usd per share) $ 12.78 $ 12.25