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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 8,974 $ 5,782
Interest bearing deposits with banks 12,449 7,843
Federal funds sold   3,000
Cash and cash equivalents 21,423 16,625
Securities available for sale 150,263 145,815
Securities held to maturity, fair value 2011: $177, 2010: $179 171 170
Loans receivable (net of allowance for loan losses 2011: $5,458; 2010: $5,616) 452,449 351,239
Investment in Federal Home Loan Bank Stock, at cost 3,593 3,361
Premises and equipment, net 7,479 4,904
Bank owned life insurance 11,887 8,249
Accrued interest receivable 2,468 2,166
Foreclosed real estate owned 2,910 748
Goodwill 9,715  
Other intangibles 800 13
Other assets 5,656 3,715
Total Assets 668,814 537,005
LIABILITIES    
Deposits: Non-interest bearing demand 71,959 62,238
Deposits: Interest-bearing demand 51,161 38,168
Deposits: Money market deposit accounts 114,007 70,812
Deposits: Savings 66,866 50,341
Deposits: Time 221,774 172,306
Total Deposits 525,767 393,865
Short-term borrowings 21,794 33,309
Other borrowings 27,670 38,000
Accrued interest payable 1,321 1,536
Other liabilities 4,201 2,597
Total Liabilities 580,753 469,307
STOCKHOLDERS' EQUITY    
Common stock, $.10 par value per share, authorized 10,000,000; shares issued 2011: 3,371,866 shares, 2010: 2,840,872 shares 337 284
Surplus 24,660 9,826
Retained earnings 62,308 58,648
Treasury stock at cost: 2011: 87,370 shares, 2010: 72,068 shares (2,559) (2,197)
Accumulated other comprehensive income 3,315 1,137
Total Stockholders' Equity 88,061 67,698
Total Liabilities and Stockholders' Equity $ 668,814 $ 537,005