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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Sep. 30, 2017
Assets      
Cash and cash equivalents $ 21,649 $ 19,207 $ 22,375
Interest bearing deposits in other banks 51,045 860 584
Securities available for sale 305,444    
Securities available for sale   300,172 298,999
Securities to be held to maturity (fair value of $249,890,000 at September 30, 2018, $259,655,000 at December 31, 2017 and $245,021,000 at September 30, 2017) 257,395 256,567 242,679
Restricted equity securities, at cost 11,586 10,358 10,798
Loans held for sale 1,134 386 434
Loans 1,243,558 1,164,139 1,121,086
Less allowance for loan losses 11,682 10,729 11,012
Net loans 1,231,876 1,153,410 1,110,074
Accrued interest receivable 7,095 5,867 5,820
Premises and equipment, net 21,451 22,502 21,731
Other real estate owned 584 1,012 320
Goodwill 29,805 29,805 29,805
Other assets 42,790 42,784 38,082
Total assets 1,981,854 1,842,930 1,781,701
Liabilities      
Demand deposits 170,728 145,332 158,797
NOW deposits 357,834 318,043 325,695
Money market deposits 129,516 163,898 134,257
Savings deposits 237,424 232,605 234,456
Certificates of deposit 619,409 559,001 496,844
Total deposits 1,514,911 1,418,879 1,350,049
Borrowed funds – short term 200,160 113,638 119,207
Borrowed funds – long term 65,114 115,120 115,121
Other liabilities 17,008 13,972 17,442
Total liabilities 1,797,193 1,661,609 1,601,819
Shareholders' equity      
Common stock, one cent par value per share 109 108 108
Additional paid-in capital 62,497 61,747 61,446
Retained earnings 129,247 121,144 118,360
Accumulated other comprehensive income (loss)      
Net unrealized loss on securities available for sale (9,133) (2,901) (825)
Net unrealized loss on securities transferred from available for sale to held to maturity (194) (174) (140)
Net unrealized gain on cash flow hedging derivative instruments 2,282 1,544 1,035
Net unrealized loss on postretirement benefit costs (147) (147) (102)
Total shareholders' equity 184,661 181,321 179,882
Total liabilities & shareholders' equity $ 1,981,854 $ 1,842,930 $ 1,781,701
Common Stock      
Number of shares authorized (in shares) 18,000,000 18,000,000 18,000,000
Number of shares issued (in shares) 10,857,116 10,829,918 10,824,724
Number of shares outstanding (in shares) 10,857,116 10,829,918 10,824,724
Book value per common share (usd per share) $ 17.01 $ 16.74 $ 16.62
Tangible book value per common share (usd per share) $ 14.25 $ 13.97 $ 13.84