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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and due from depository institutions $ 15,561 $ 17,808
Interest bearing deposits 17,406 1,730
Short-term investments in money market funds 6,589 7,282
Total cash and cash equivalents 39,556 26,820
Investment securities:    
Available for sale 146,489 151,538
Held to maturity (fair value $16,847 on March 31, 2012 and $14,266 on December 31, 2012) 16,377 13,723
Loans held for sale 3,941 10,576
Loans 714,513 721,802
Less: Unearned income 602 637
Allowance for loan losses 10,960 12,571
Net loans 702,951 708,594
Premises and equipment, net 12,558 11,798
Accrued interest income receivable 3,305 2,960
Goodwill 12,613 12,613
Bank owned life insurance 36,415 36,214
Net deferred tax asset 11,089 11,467
Federal Home Loan Bank stock 3,565 4,179
Federal Reserve Bank stock 2,125 2,125
Prepaid federal deposit insurance 1,324 1,444
Other assets 7,410 6,940
TOTAL ASSETS 999,718 1,000,991
LIABILITIES    
Non-interest bearing deposits 165,028 156,223
Interest bearing deposits 682,161 679,511
Total deposits 847,189 835,734
Short-term borrowings    15,660
Advances from Federal Home Loan Bank 16,000 13,000
Guaranteed junior subordinated deferrable interest debentures 13,085 13,085
Total borrowed funds 29,085 41,745
Other liabilities 11,999 13,044
TOTAL LIABILITIES 888,273 890,523
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, 2013 and December 31, 2012 21,000 21,000
Common stock, par value $0.01 per share; 30,000,000 shares authorized; 26,402,007 shares issued and 19,168,188 outstanding on March 31, 2013; 26,398,540 shares issued and 19,164,721 outstanding on December 31, 2012 264 264
Treasury stock at cost, 7,233,819 shares on March 31, 2013 and December 31, 2012 (73,658) (73,658)
Capital surplus 145,119 145,102
Retained earnings 24,143 23,139
Accumulated other comprehensive loss, net (5,423) (5,379)
TOTAL SHAREHOLDERS' EQUITY 111,445 110,468
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 999,718 $ 1,000,991