XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and due from banks $ 13,105 $ 7,528
Interest bearing deposits with banks 158 335
Cash and cash equivalents 13,263 7,863
Securities available for sale, at fair value 158,701 158,132
Securities held to maturity, fair value 2013: $177   174
Loans receivable (net of unearned income) 500,844 503,097
Less: Allowance for loan losses 5,651 5,708
Net loans receivable 495,193 497,389
Regulatory stock, at cost 3,210 2,877
Bank premises and equipment, net 6,825 7,125
Bank owned life insurance 18,143 17,790
Accrued interest receivable 2,367 2,422
Foreclosed real estate owned 4,962 1,009
Goodwill 9,715 9,715
Other intangibles 418 510
Deferred tax asset 3,691 4,819
Other assets 1,725 1,409
Total Assets 718,213 711,234
LIABILITIES    
Deposits: Non-interest bearing demand 102,343 92,684
Deposits: Interest-bearing 445,995 448,498
Total deposits 548,338 541,182
Short-term borrowings 44,704 49,914
Other borrowings 22,592 23,761
Accrued interest payable 975 1,022
Other liabilities 4,197 3,491
Total Liabilities 620,806 619,370
STOCKHOLDERS' EQUITY    
Common stock, $.10 par value per share, authorized 10,000,000 shares; issued 3,708,718 shares 371 371
Surplus 35,143 35,010
Retained earnings 63,637 60,798
Treasury stock at cost: 2014: 63,019 shares, 2013: 64,628 shares (1,673) (1,713)
Accumulated other comprehensive income (loss) (71) (2,602)
Total Stockholders' Equity 97,407 91,864
Total Liabilities and Stockholders' Equity $ 718,213 $ 711,234