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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 17,366 $ 14,299
Interest-bearing deposits in other banks 293 4,013
Securities available for sale 300,416 223,039
Securities to be held to maturity (fair value of $225,537,000 at December 31, 2016, and $243,123,000 at December 31, 2015) 226,828 240,023
Restricted equity securities, at cost 11,930 14,257
Loans held for sale 782 349
Loans 1,071,526 988,638
Less allowance for loan losses 10,138 9,916
Net loans 1,061,388 978,722
Accrued interest receivable 5,532 4,912
Premises and equipment, net 22,202 21,816
Other real estate owned 375 1,532
Goodwill 29,805 29,805
Other assets 35,958 32,043
Total assets 1,712,875 1,564,810
Liabilities    
Demand deposits 140,482 130,566
NOW deposits 282,971 242,638
Money market deposits 125,544 92,994
Savings deposits 217,340 206,009
Certificates of deposit 476,620 370,982
Total deposits 1,242,957 1,043,189
Borrowed funds – short term 158,774 222,323
Borrowed funds – long term 120,127 115,134
Other liabilities 18,496 16,666
Total liabilities 1,540,354 1,397,312
Commitments and contingent liabilities
Shareholders' equity    
Common stock, one cent par value per share 108 108
Additional paid-in capital 60,723 59,862
Retained earnings 111,693 106,673
Accumulated other comprehensive income (loss)    
Net unrealized gain (loss) on securities available for sale (935) 1,123
Net unrealized loss on securities transferred from available for sale to held to maturity (129) (112)
Net unrealized gain on cash flow hedging derivative instruments 1,163 0
Net unrecognized loss on postretirement benefit costs (102) (156)
Total shareholders' equity 172,521 167,498
Total liabilities and shareholders' equity $ 1,712,875 $ 1,564,810
Common stock    
Number of shares authorized (in shares) 18,000,000 18,000,000
Number of shares issued (in shares) 10,793,946 10,753,855
Number of shares outstanding (in shares) 10,793,946 10,753,855
Book value per common share (usd per share) $ 15.98 $ 15.58
Tangible book value per common share (usd per share) $ 13.20 $ 12.78