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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and due from depository institutions $ 20,288 $ 17,808
Interest bearing deposits 2,967 1,730
Short-term investments in money market funds 6,811 7,282
Total cash and cash equivalents 30,066 26,820
Investment securities:    
Available for sale 141,978 151,538
Held to maturity (fair value $17,788 at December 31, 2013 and $14,266 at December 31, 2012) 18,187 13,723
Loans held for sale 3,402 10,576
Loans 783,927 721,802
Less: Unearned income 581 637
Allowance for loan losses 10,104 12,571
Net loans 773,242 708,594
Premises and equipment, net 13,119 11,798
Accrued interest income receivable 2,908 2,960
Goodwill 12,613 12,613
Bank owned life insurance 36,669 36,214
Net deferred tax asset 9,572 11,467
Federal Home Loan Bank stock 4,677 4,179
Federal Reserve Bank stock 2,125 2,125
Prepaid federal deposit insurance    1,444
Other assets 7,478 6,940
TOTAL ASSETS 1,056,036 1,000,991
LIABILITIES    
Non-interest bearing deposits 154,002 156,223
Interest bearing deposits 700,520 679,511
Total deposits 854,522 835,734
Short-term borrowings 41,555 15,660
Advances from Federal Home Loan Bank 25,000 13,000
Guaranteed junior subordinated deferrable interest debentures 13,085 13,085
Total borrowed funds 79,640 41,745
Other liabilities 8,567 13,044
TOTAL LIABILITIES 942,729 890,523
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, 2013 and 2012 21,000 21,000
Common stock, par value $0.01 per share; 30,000,000 shares authorized: 26,402,007 shares issued and 18,784,188 shares outstanding on December 31, 2013; 26,398,540 shares issued and 19,164,721 shares outstanding on December 31, 2012 264 264
Treasury stock at cost, 7,617,819 shares on December 31, 2013 and 7,233,819 shares on December 31, 2012 (74,829) (73,658)
Capital surplus 145,190 145,102
Retained earnings 27,557 23,139
Accumulated other comprehensive loss, net (5,875) (5,379)
TOTAL STOCKHOLDERS' EQUITY 113,307 110,468
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,056,036 $ 1,000,991