XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 19,408 $ 82,273
Interest bearing deposits in banks 1,818 1,479
Cash and cash equivalents 21,226 83,752
Investment securities - available-for-sale (at fair value) 145,604 146,470
Investment securities - held to maturity (fair value $91,335 at March 31, 2018 and $95,346 at December 31, 2017) 91,878 93,632
Restricted investment in bank stock, at cost 5,352 5,204
Loans 937,493 892,518
Allowance for loan losses (10,470) (9,972)
Net loans 927,023 882,546
Premises and equipment, net 32,553 30,881
Goodwill and other intangible assets, net 11,004 11,004
Bank owned life insurance 42,454 42,155
Deferred tax assets 8,936 9,252
Other real estate owned 9,514 10,141
Accrued interest receivable and other assets 23,868 21,433
Total Assets 1,319,412 1,336,470
Liabilities:    
Non-interest bearing deposits 249,035 252,049
Interest bearing deposits 768,828 787,341
Total deposits 1,017,863 1,039,390
Short-term borrowings 55,210 48,845
Long-term borrowings 115,929 120,929
Accrued interest payable and other liabilities 19,276 18,916
Total Liabilities 1,208,278 1,228,080
Shareholders' Equity:    
Common Stock - par value $.01 per share; Authorized 25,000 shares; issued and outstanding 7,067,425 shares at March 31, 2018 and December 31, 2017 71 71
Surplus 31,606 31,553
Retained earnings 103,230 101,359
Accumulated other comprehensive loss (23,773) (24,593)
Total Shareholders' Equity 111,134 108,390
Total Liabilities and Shareholders' Equity $ 1,319,412 $ 1,336,470