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CONSOLIDATED STATEMENTS OF CONDITION (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and due from banks $ 127,732 $ 65,724
Short-term investments 2,011 19,508
Cash and cash equivalents 129,743 85,232
Investment securities    
Held to maturity, at amortized cost 59,738 34,917
Available for sale (at fair value, amortized cost $132,348 and $109,070 at December 31, 2011 and 2010, respectively) 135,104 111,736
Total investment securities 194,842 146,653
Loans, net of allowance for loan losses of $14,639 and $12,392 at December 31, 2011 and 2010, respectively 1,016,515 929,008
Bank premises and equipment, net 9,498 8,419
Interest receivable and other assets 42,665 38,838
Total assets 1,393,263 1,208,150
Deposits    
Non-interest bearing 359,591 282,195
Interest bearing    
Transaction accounts 134,673 105,177
Savings accounts 75,617 56,760
Money market accounts 434,461 371,352
CDARS time accounts 46,630 67,261
Other time accounts 152,000 132,994
Total deposits 1,202,972 1,015,739
Federal Home Loan Bank borrowings 35,000 55,000
Subordinated debenture 5,000 5,000
Interest payable and other liabilities 14,740 10,491
Total liabilities 1,257,712 1,086,230
Stockholders' Equity    
Preferred stock, no par value Authorized - 5,000,000 shares; none issued 0 0
Common stock, no par value Authorized - 15,000,000 shares Issued and outstanding - 5,336,927 shares and 5,290,082 shares at December 31, 2011 and 2010, respectively 56,854 55,383
Retained earnings 77,098 64,991
Accumulated other comprehensive income, net 1,599 1,546
Total stockholders' equity 135,551 121,920
Total liabilities and stockholders' equity $ 1,393,263 $ 1,208,150