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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and due from depository institutions $ 17,808 $ 26,938
Interest bearing deposits 1,730 1,716
Short-term investments in money market funds 7,282 6,129
Cash and cash equivalents 26,820 34,783
Investment securities:    
Available for sale 151,538 182,923
Held to maturity (fair value $14,266 at December 31, 2012 and $12,914 at December 31, 2011) 13,723 12,280
Loans held for sale 10,576 7,110
Loans 721,802 664,189
Less: Unearned income 637 452
Allowance for loan losses 12,571 14,623
Net loans 708,594 649,114
Premises and equipment, net 11,798 10,674
Accrued interest income receivable 2,960 3,216
Goodwill 12,613 12,613
Bank owned life insurance 36,214 35,351
Net deferred tax asset 11,467 12,681
Federal Home Loan Bank stock 4,179 5,891
Federal Reserve Bank stock 2,125 2,125
Prepaid federal deposit insurance 1,444 1,814
Other assets 6,940 8,501
TOTAL ASSETS 1,000,991 979,076
LIABILITIES    
Non-interest bearing deposits 156,223 141,982
Interest bearing deposits 679,511 674,438
Total deposits 835,734 816,420
Short-term borrowings 15,660 15,765
Advances from Federal Home Loan Bank 13,000 6,000
Guaranteed junior subordinated deferrable interest debentures 13,085 13,085
Total borrowed funds 41,745 34,850
Other liabilities 13,044 15,454
TOTAL LIABILITIES 890,523 866,724
STOCKHOLDERS' EQUITY    
Preferred stock, no par value; $1,000 per share liquidation preference; 2,000,000 shares authorized; there were 21,000 shares issued and outstanding on December 31, 2012 and 2011 21,000 21,000
Common stock, par value $0.01 per share; 30,000,000 shares authorized: 26,398,540 shares issued and 19,164,721 shares outstanding on December 31, 2012; 26,397,040 shares issued and 20,921,021 shares outstanding on December 31, 2011 264 264
Treasury stock at cost, 7,233,819 shares on December 31, 2012 and 5,476,019 shares on December 31, 2011 (73,658) (69,241)
Capital surplus 145,102 145,061
Retained earnings 23,139 18,928
Accumulated other comprehensive loss, net (5,379) (3,660)
TOTAL STOCKHOLDERS' EQUITY 110,468 112,352
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,000,991 $ 979,076