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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Assets    
Cash and due from banks, including reserve requirements $ 38,792 $ 22,521
Interest bearing deposits 2,843 1,456
Cash and cash equivalents 41,635 23,977
Certificates of deposit 735 735
Investment securities available for sale 297,606 272,449
Other investments 5,840 5,761
Total investment securities 303,446 278,210
Mortgage loans held for sale 1,967 3,814
Loans 692,813 726,160
Less allowance for loan losses (15,984) (15,493)
Net loans 676,829 710,667
Premises and equipment, net 17,513 17,334
Cash surrender value of life insurance 7,660 7,539
Other real estate 7,115 6,673
Accrued interest receivable and other assets 16,067 18,703
Total assets 1,072,967 1,067,652
Deposits:    
Non-interest bearing demand 132,288 114,792
NOW, MMDA & savings 346,808 332,511
Time, $100,000 or more 212,440 241,366
Other time 138,874 150,043
Total deposits 830,410 838,712
Demand notes payable to U.S. Treasury 1,252 1,600
Securities sold under agreement to repurchase 44,512 34,094
FHLB borrowings 70,000 70,000
Junior subordinated debentures 20,619 20,619
Accrued interest payable and other liabilities 5,641 5,769
Total liabilities 972,434 970,794
Commitments    
Shareholders' equity:    
Series A preferred stock, $1,000 stated value; authorized 5,000,000 shares; issued and outstanding 25,054 shares in 2011 and 2010 24,687 24,617
Common stock, no par value; authorized 20,000,000 shares; issued and outstanding 5,542,703 shares in 2011 and 5,541,413 shares in 2010 48,289 48,281
Retained earnings 24,644 23,573
Accumulated other comprehensive income 2,913 387
Total shareholders' equity 100,533 96,858
Total liabilities and shareholders' equity $ 1,072,967 $ 1,067,652