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Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 23,051 $ 22,755
Interest-bearing deposits in other banks 7,246 14,991
Total cash and cash equivalents 30,297 37,746
Debt securities available for sale, at fair value 288,780 289,459
Equity securities 884 918
Restricted stock, at cost 3,333 2,763
Loans held for sale 938 1,095
Loans, net of allowance for loan and lease losses of $9,827 and $9,034 854,489 761,609
Bank premises and equipment, net 13,895 10,388
Accrued interest receivable 4,061 3,234
Bank-owned life insurance 30,873 30,460
Other real estate owned 715 1,023
Net deferred tax assets 16,382 15,785
Other assets 6,475 7,825
Total assets 1,251,122 1,162,305
Liabilities    
Demand (non-interest-bearing) 166,967 176,325
Interest-bearing 928,154 826,123
Total deposits 1,095,121 1,002,448
Borrowed funds:    
Federal Home Loan Bank of Pittsburgh advances 46,490 44,968
Subordinated debentures 5,000 5,000
Junior subordinated debentures 10,310 10,310
Total borrowed funds 61,800 60,278
Accrued interest payable 318 241
Other liabilities 7,306 10,147
Total liabilities 1,164,545 1,073,114
Shareholders' equity    
Preferred stock ($1.25 par) Authorized: 20,000,000 shares at September 30, 2018 and December 31, 2017 Issued and outstanding: 0 shares at September 30, 2018 and December 31, 2017
Common stock ($1.25 par) Authorized: 50,000,000 shares at September 30, 2018 and December 31, 2017 Issued and outstanding: 16,819,471 shares at September 30, 2018 and 16,757,963 shares at December 31, 2017 21,024 20,947
Additional paid-in capital 63,469 63,210
Retained earnings 10,965 6,779
Accumulated other comprehensive loss (8,881) (1,745)
Total shareholders' equity 86,577 89,191
Total liabilities and shareholders’ equity $ 1,251,122 $ 1,162,305