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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and due from banks $ 20,496 $ 19,409
Interest-earning deposits in other banks 30,929 24,467
Federal funds sold 475 928
Total cash and cash equivalents 51,900 44,804
Available-for-sale investment securities (Amortized cost of $314,497 at March 31, 2012 and $321,405 at December 31, 2011) 323,748 328,413
Loans, less allowance for credit losses of $10,285 at March 31, 2012 and $11,396 at December 31, 2011 398,063 415,999
Bank premises and equipment, net 6,272 5,872
Other real estate owned 2,253 0
Bank owned life insurance 11,897 11,655
Federal Home Loan Bank stock 2,893 2,893
Goodwill 23,577 23,577
Core deposit intangibles 733 783
Accrued interest receivable and other assets 13,348 15,027
Total assets 834,684 849,023
Deposits:    
Non-interest bearing 205,825 208,025
Interest bearing 497,571 504,961
Total deposits 703,396 712,986
Short-term borrowings 4,000 0
Long-term debt 0 4,000
Junior subordinated deferrable interest debentures 5,155 5,155
Accrued interest payable and other liabilities 11,401 19,400
Total liabilities 723,952 741,541
Commitments and contingencies (Note 9)      
Shareholders' equity:    
Preferred stock, no par value, $1,000 per share liquidation preference; 10,000,000 shares authorized, Series C, issued and outstanding: 7,000 shares at March 31, 2012 and December 31, 2012 7,000 7,000
Common stock, no par value; 80,000,000 shares authorized; issued and outstanding: 9,591,316 at March 31, 2012 and 9,547,816 at December 31, 2011 40,857 40,552
Retained earnings 57,431 55,806
Accumulated other comprehensive income, net of tax 5,444 4,124
Total shareholders' equity 110,732 107,482
Total liabilities and shareholders' equity $ 834,684 $ 849,023