XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets [Abstract]    
Cash and due from banks $ 18,323 $ 27,819
Interest-bearing deposits in other banks 52,266 80,049
Total cash and cash equivalents 70,589 107,868
Available-for-sale debt securities, at fair value 442,120 450,814
Equity securities, at fair value 4,373 4,786
Total restricted securities, at cost 9,364 8,814
Loans and leases, net of allowance for credit losses of $12,455 and $11,986 1,237,770 1,208,279
Bank premises and equipment, net 14,256 14,546
Accrued interest receivable 7,590 7,085
Bank-owned life insurance 36,667 37,251
Other Assets 43,253 41,543
Total assets 1,865,982 1,880,986
Liabilities [Abstract]    
Demand (non-interest bearing) 286,286 285,548
Interest-bearing 1,195,008 1,243,434
Total deposits 1,481,294 1,528,982
Borrowed funds:    
Federal Home Loan Bank of Pittsburgh advances 194,546 164,962
Junior subordinated debentures 10,310 10,310
Total borrowed funds 229,856 200,272
Accrued interest payable 1,284 1,355
Other Liabilities 15,803 15,778
Total liabilities 1,728,237 1,746,387
Shareholders' equity    
Preferred shares ($1.25 par) Authorized: 20,000,000 shares at March 31, 2024 and December 31, 2023 Issued and outstanding: 0 shares at March 31, 2024 and December 31, 2023 0 0
Common shares ($1.25 par) Authorized: 50,000,000 shares at March 31, 2024 and December 31, 2023 Issued and outstanding: 19,795,151 shares at March 31, 2024 and 19,787,031 shares at December 31, 2023 24,743 24,733
Additional paid-in capital 78,412 78,253
Retained earnings 73,522 71,782
Accumulated other comprehensive loss (38,932) (40,169)
Total shareholders' equity 137,745 134,599
Total liabilities and shareholders’ equity 1,865,982 1,880,986
Federal Reserve Discount Window Advances [Member]    
Borrowed funds:    
Federal Reserve Discount Window advances $ 25,000 $ 25,000