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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Cash and cash equivalents:    
Cash and due from banks $ 22,443 $ 22,657
Interest-bearing deposits in other banks 49,872 13,010
Total cash and cash equivalents 72,315 35,667
Securities available for sale, at fair value 226,539 218,989
Stock in Federal Home Loan Bank of Pittsburgh, at cost 2,684 2,803
Loans held for sale 138 603
Loans, net of allowance for loan and lease losses of $10,328 and $11,520 673,260 658,747
Bank premises and equipment, net 11,059 11,003
Accrued interest receivable 2,174 2,075
Intangible assets 220 302
Bank-owned life insurance 29,087 28,817
Other real estate owned 1,740 2,255
Other assets 8,455 8,768
Total assets 1,027,671 970,029
Deposits:    
Demand (non-interest-bearing) 144,075 124,064
Interest-bearing 721,293 671,272
Total deposits 865,368 795,336
Borrowed funds    
Federal Home Loan Bank of Pittsburgh advances 57,771 61,194
Subordinated debentures 14,000 25,000
Junior subordinated debentures 10,310 10,310
Total borrowed funds 82,081 96,504
Accrued interest payable 11,344 10,262
Other liabilities 13,935 16,529
Total liabilities 972,728 918,631
Shareholders' equity    
Common shares ($1.25 par) Authorized: 50,000,000 shares at June 30, 2015 and December 31, 2014 Issued and outstanding: 16,500,945 shares, June 30, 2015 and 16,484,419 shares, December 31, 2014 20,626 20,605
Additional paid-in capital 61,870 61,781
Accumulated deficit (27,832) (32,126)
Accumulated other comprehensive income 279 1,138
Total shareholders' equity 54,943 51,398
Total liabilities and shareholders’ equity $ 1,027,671 $ 970,029