XML 35 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Cash and cash equivalents:    
Cash and due from banks $ 11,451 $ 21,710
Interest-bearing deposits in other banks 20,892 93,561
Total cash and cash equivalents 32,343 115,271
Securities    
Available-for-sale at fair value 216,849 185,361
Held-to-maturity at amortized cost (fair value $2,501 and $2,483) 2,225 2,198
Stock in Federal Home Loan Bank of Pittsburgh, at cost 5,081 5,957
Loans held for sale 847 1,615
Loans, net of allowance for loan and lease losses of $18,473 and $18,536 597,682 579,396
Bank premises and equipment, net 18,658 18,937
Accrued interest receivable 2,618 2,199
Refundable federal income taxes 11,637 11,637
Intangible assets 591 632
Bank-owned life insurance 27,633 27,461
Other real estate owned 3,910 3,983
Other assets 9,453 13,627
Total Assets 929,527 968,274
Deposits    
Demand (non-interest-bearing) 121,187 131,476
Interest-bearing 702,559 723,137
Total deposits 823,746 854,613
Borrowed funds    
FHLB advances 12,388 18,593
Subordinated debentures 25,000 25,000
Junior subordinated debentures 10,310 10,310
Total borrowed funds 47,698 53,903
Accrued interest payable 7,001 6,427
Other liabilities 14,264 16,406
Total liabilities 892,709 931,349
Shareholders' Equity    
Preferred Shares ($1.25 par) Authorized: 20,000,000 shares at March 31, 2013 and December 31, 2012 Issued and outstanding: 0 shares at March 31, 2013 and December 31, 2012      
Common Shares ($1.25 par) Authorized: 50,000,000 shares at March 31, 2013 and December 31, 2012 Issued and outstanding: 16,457,169 shares at March 31, 2013 and December 31, 2012 20,571 20,571
Additional paid-in capital 61,584 61,584
Accumulated deficit (50,197) (51,928)
Accumulated other comprehensive income 4,860 6,698
Total shareholders' equity 36,818 36,925
Total Liabilities and Shareholders' Equity $ 929,527 $ 968,274