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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 7,056 $ 6,492
Interest-bearing deposits in other financial institutions 2,625 1,568
Federal funds sold 710 940
Cash and cash equivalents 10,391 9,000
Investment securities available for sale, at fair value 96,386 87,268
Federal Home Loan Bank stock, at cost 1,634 1,745
Maryland Financial Bank stock, at cost 30 100
Loans, less allowance for credit losses (June 30: $3,595; December 31: $3,400) 230,156 229,851
Premises and equipment, at cost, less accumulated depreciation 4,118 4,124
Other real estate owned 1,435 215
Cash value of life insurance 8,313 7,954
Other assets 5,378 6,810
Total assets 357,841 347,067
Liabilities:    
Deposits 306,735 294,444
Short-term borrowings 185 4,274
Long-term borrowings 20,000 20,000
Other liabilities 1,844 2,017
Total liabilities 328,764 320,735
Commitments and contingencies    
Stockholders' equity:    
Common stock, par value $1, authorized 15,000,000 shares; issued and outstanding: June 30: 2,712,656 shares; December 31: 2,702,091 shares 2,713 2,702
Surplus 9,404 9,335
Retained earnings 16,226 15,300
Accumulated other comprehensive gain (loss), net of taxes (benefits) 734 (1,005)
Total stockholders' equity 29,077 26,332
Total liabilities and stockholders' equity $ 357,841 $ 347,067