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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash and due from banks$ 7,908$ 6,492
Interest-bearing deposits in other financial institutions8,9211,568
Federal funds sold759940
Cash and cash equivalents17,5889,000
Investment securities available for sale, at fair value98,03887,268
Federal Home Loan Bank stock, at cost1,5791,745
Maryland Financial Bank stock, at cost30100
Loans, less allowance for credit losses (September 30: $3,665; December 31: $3,400)226,702229,851
Premises and equipment, at cost, less accumulated depreciation4,1694,124
Other real estate owned1,197215
Cash value of life insurance8,3747,954
Other assets4,5636,810
Total assets362,240347,067
Liabilities:  
Deposits309,701294,444
Short-term borrowings2194,274
Long-term borrowings20,00020,000
Other liabilities1,9162,017
Total liabilities331,836320,735
Commitments and contingencies  
Stockholders' equity:  
Common stock, par value $1, authorized 15,000,000 shares; issued and outstanding: September 30: 2,717,907 shares; December 31: 2,702,091 shares2,7182,702
Surplus9,4389,335
Retained earnings16,72515,300
Accumulated other comprehensive gain (loss), net of taxes (benefits)1,523(1,005)
Total stockholders' equity30,40426,332
Total liabilities and stockholders' equity$ 362,240$ 347,067