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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 26,673 $ 22,755
Interest-bearing deposits in other banks 9,808 14,991
Total cash and cash equivalents 36,481 37,746
Available-for-sale debt securities, at fair value 296,032 289,459
Equity securities 891 918
Restricted stock, at cost 3,123 2,763
Loans held for sale 820 1,095
Loans, net of allowance for loan and lease losses of $9,519 and $9,034 829,581 761,609
Bank premises and equipment, net 14,425 10,388
Accrued interest receivable 3,614 3,234
Bank-owned life insurance 31,015 30,460
Other real estate owned 919 1,023
Net deferred tax assets 10,693 15,785
Other assets 10,138 7,825
Total assets 1,237,732 1,162,305
Liabilities    
Demand (non-interest-bearing) 156,600 176,325
Interest-bearing 939,029 826,123
Total deposits 1,095,629 1,002,448
Borrowed funds:    
Federal Home Loan Bank of Pittsburgh advances 18,930 44,968
Subordinated debentures 5,000 5,000
Junior subordinated debentures 10,310 10,310
Total borrowed funds 34,240 60,278
Accrued interest payable 338 241
Other liabilities 10,306 10,147
Total liabilities 1,140,513 1,073,114
Shareholders' equity    
Preferred stock ($1.25 par) Authorized: 20,000,000 shares at December 31, 2018 and December 31, 2017; Issued and outstanding: 0 shares at December 31, 2018 and December 31, 2017
Common stock ($1.25 par) Authorized: 50,000,000 shares at December 31, 2018 and December 31, 2017; Issued and outstanding: 16,821,371 shares at December 31, 2018 and 16,757,963 shares at December 31, 2017 21,026 20,947
Additional paid-in capital 63,547 63,210
Retained earnings 17,186 6,779
Accumulated other comprehensive loss (4,540) (1,745)
Total shareholders' equity 97,219 89,191
Total liabilities and shareholders’ equity $ 1,237,732 $ 1,162,305