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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS:    
Cash and due from banks $ 21,195 $ 14,235
Interest-bearing demand deposits 6,718 1,610
Total cash and cash equivalents 27,913 15,845
Investment securities:    
Available-for-sale, at fair value 347,860 285,365
Held-to-maturity, at cost 24,677 22,725
Federal Reserve Bank stock, at cost 2,476 2,346
Federal Home Loan Bank stock, at cost 3,638 3,638
Loans, net 751,857 695,835
Premises and equipment, net 22,591 20,733
Goodwill 30,187 27,638
Core deposit and other intangibles 5,817 4,780
Bank owned life insurance 22,250 21,936
Other assets 10,097 7,225
TOTAL ASSETS 1,249,363 1,108,066
Deposits:    
Noninterest-bearing 228,743 213,303
Interest-bearing 855,290 732,902
Total deposits 1,084,033 946,205
Short-term borrowings 12,731 16,645
Long-term debt 6,085 11,357
Accrued interest and other liabilities 8,816 8,164
TOTAL LIABILITIES 1,111,665 982,371
SHAREHOLDERS' EQUITY:    
Preferred shares – no par value, authorized 1,000,000 shares, none outstanding 0 0
Common shares – no par value, authorized 12,000,000 shares, issued 10,650,531 and 10,064,945 shares at June 30, 2015 and December 31, 2014, respectively 76,607 67,181
Retained earnings 72,281 69,394
Treasury shares at cost, 753,627 shares at June 30, 2015 and December 31, 2014 (11,665) (11,665)
Accumulated other comprehensive income, net of taxes 475 785
TOTAL SHAREHOLDERS' EQUITY 137,698 125,695
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,249,363 $ 1,108,066