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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and due from depository institutions $ 18,604 $ 26,938
Interest bearing deposits 2,709 1,716
Short-term investments in money market funds 4,689 6,129
Cash and cash equivalents 26,002 34,783
Investment securities:    
Available for sale 178,262 182,923
Held to maturity (fair value $12,425 on March 31, 2012 and $12,914 on December 31, 2011) 11,827 12,280
Loans held for sale 2,953 7,110
Loans 668,863 664,189
Less: Unearned income 488 452
Allowance for loan losses 13,778 14,623
Net loans 654,597 649,114
Premises and equipment, net 10,821 10,674
Accrued interest income receivable 3,146 3,216
Goodwill 12,613 12,613
Bank owned life insurance 35,566 35,351
Net deferred tax asset 12,182 12,681
Federal Home Loan Bank stock 5,597 5,891
Federal Reserve Bank stock 2,125 2,125
Prepaid federal deposit insurance 1,714 1,814
Other assets 9,996 8,501
TOTAL ASSETS 967,401 979,076
LIABILITIES    
Non-interest bearing deposits 149,124 141,982
Interest bearing deposits 670,981 674,438
Total deposits 820,105 816,420
Short-term borrowings 1,390 15,765
Advances from Federal Home Loan Bank 5,000 6,000
Guaranteed junior subordinated deferrable interest debentures 13,085 13,085
Total borrowed funds 19,475 34,850
Other liabilities 15,551 15,454
TOTAL LIABILITIES 855,131 866,724
SHAREHOLDERS' EQUITY    
Preferred stock, no par value; $1,000 per share liquidation preference; 2,000,000 shares authorized; 21,000 shares issued and outstanding on March 31, 2012 and December 31, 2011. 21,000 21,000
Common stock, par value $0.01 per share; 30,000,000 shares authorized; 26,397,040 shares issued and 20,465,521 outstanding on March 31, 2012; 26,397,040 shares issued and 20,921,021 outstanding on December 31, 2011 264 264
Treasury stock at cost, 5,931,519 shares on March 31, 2012 and 5,476,019 shares on December 31, 2011 (70,326) (69,241)
Capital surplus 145,067 145,061
Retained earnings 20,231 18,928
Accumulated other comprehensive loss, net (3,966) (3,660)
TOTAL SHAREHOLDERS' EQUITY 112,270 112,352
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 967,401 $ 979,076