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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets [Abstract]    
Cash and due from depository institutions $ 22,241 $ 23,443
Interest bearing deposits 2,781 6,960
Short-term investments in money market funds 5,498 18,107
Total cash and cash equivalents 30,520 48,510
Investment securities:    
Available for sale 117,789 119,467
Held to maturity (fair value $28,577 on September 30, 2016 and $21,533 on December 31, 2015) 27,820 21,419
Loans held for sale 8,777 3,003
Loans 888,013 881,541
Less: Unearned income 489 557
Allowance for loan losses 9,726 9,921
Net loans 877,798 871,063
Premises and equipment, net 11,823 12,108
Accrued interest income receivable 3,007 3,057
Goodwill 11,944 11,944
Bank owned life insurance 37,733 37,228
Net deferred tax asset 8,623 8,993
Federal Home Loan Bank stock 3,355 4,628
Federal Reserve Bank stock 2,125 2,125
Other assets 4,341 4,952
TOTAL ASSETS 1,145,655 1,148,497
LIABILITIES    
Non-interest bearing deposits 178,664 188,947
Interest bearing deposits 784,072 714,347
Total deposits 962,736 903,294
Short-term borrowings 7,901 48,748
Advances from Federal Home Loan Bank 49,042 48,000
Guaranteed junior subordinated deferrable interest debentures, net 12,904 12,892
Subordinated debt, net 7,435 7,418
Total borrowed funds 77,282 117,058
Other liabilities 5,593 9,172
TOTAL LIABILITIES 1,045,611 1,029,524
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 December 31, 2015 0 21,000
Common stock, par value $0.01 per share; 30,000,000 shares authorized; 26,521,291 shares issued and 18,903,472 outstanding on September 30, 2016; 26,488,630 shares issued and 18,870,811 outstanding on December 31, 2015 265 265
Treasury stock at cost, 7,617,819 shares on September 30, 2016 and December 31, 2015 (74,829) (74,829)
Capital surplus 145,530 145,441
Retained earnings 35,135 34,651
Accumulated other comprehensive loss, net [1] (6,057) (7,555)
TOTAL SHAREHOLDERS' EQUITY 100,044 118,973
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,145,655 $ 1,148,497
[1] Amounts in parentheses indicate debits on the Consolidated Balance Sheets.