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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and due from depository institutions $ 16,820 $ 20,288
Interest bearing deposits 2,952 2,967
Short-term investments in money market funds 3,710 6,811
Total cash and cash equivalents 23,482 30,066
Investment securities:    
Available for sale 130,973 141,978
Held to maturity (fair value $19,626 on September 30, 2014 and $17,788 on December 31, 2013) 19,498 18,187
Loans held for sale 3,964 3,402
Loans 814,477 783,927
Less: Unearned income 554 581
Allowance for loan losses 9,582 10,104
Net loans 804,341 773,242
Premises and equipment, net 13,409 13,119
Accrued interest income receivable 3,280 2,908
Goodwill 11,944 12,613
Bank owned life insurance 37,228 36,669
Net deferred tax asset 8,799 9,572
Federal Home Loan Bank stock 5,027 4,677
Federal Reserve Bank stock 2,125 2,125
Other assets 6,361 7,478
TOTAL ASSETS 1,070,431 1,056,036
LIABILITIES    
Non-interest bearing deposits 156,876 154,002
Interest bearing deposits 715,294 700,520
Total deposits 872,170 854,522
Short-term borrowings 26,438 41,555
Advances from Federal Home Loan Bank 37,000 25,000
Guaranteed junior subordinated deferrable interest debentures 13,085 13,085
Total borrowed funds 76,523 79,640
Other liabilities 5,592 8,567
TOTAL LIABILITIES 954,285 942,729
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 September 30, 2014 and December 31, 2013 21,000 21,000
Common stock, par value $0.01 per share; 30,000,000 shares authorized; 26,412,707 shares issued and 18,794,888 outstanding on September 30, 2014; 26,402,007 shares issued and 18,784,188 outstanding on December 31, 2013 264 264
Treasury stock at cost, 7,617,819 shares on September 30, 2014 and December 31, 2013 74,829 74,829
Capital surplus 145,246 145,190
Retained earnings 29,110 27,557
Accumulated other comprehensive loss, net (4,645) (5,875)
TOTAL SHAREHOLDERS' EQUITY 116,146 113,307
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,070,431 $ 1,056,036