XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statement of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 53,112 $ 22,187
Interest bearing deposits in banks 892 1,354
Cash and cash equivalents 54,004 23,541
Investment securities - available-for-sale (at fair value) 136,514 137,641
Investment securities - held to maturity (fair value $97,364 at March 31, 2019 and $93,760 at December 31, 2018) 95,538 94,010
Restricted investment in bank stock, at cost 4,373 5,394
Loans 1,004,618 1,007,714
Allowance for loan losses (11,548) (11,047)
Net loans 993,070 996,667
Premises and equipment, net 37,616 37,855
Goodwill and other intangible assets, net 11,004 11,004
Bank owned life insurance 43,620 43,317
Deferred tax assets 6,835 7,844
Other real estate owned 6,167 6,598
Operating lease right-of-use asset 2,665 0
Accrued interest receivable and other assets 25,495 20,645
Total Assets 1,416,901 1,384,516
Liabilities:    
Non-interest bearing deposits 288,213 262,250
Interest bearing deposits 842,399 805,277
Total deposits 1,130,612 1,067,527
Short-term borrowings 39,695 77,707
Long-term borrowings 100,929 100,929
Operating lease liability 3,250 0
Accrued interest payable and other liabilities 19,377 20,649
Dividends payable 639 638
Total Liabilities 1,294,502 1,267,450
Shareholders' Equity:    
Common Stock - par value $.01 per share; Authorized 25,000 shares; issued and outstanding 7,089 shares at March 31, 2019 and 7,087 at December 31, 2018 71 71
Surplus 32,027 31,921
Retained earnings 111,989 109,477
Accumulated other comprehensive loss (21,688) (24,403)
Total Shareholders' Equity 122,399 117,066
Total Liabilities and Shareholders' Equity $ 1,416,901 $ 1,384,516