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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Assets    
Cash and due from banks $ 3,924 $ 7,651
Interest-bearing demand deposits with banks 10,850 1,680
Federal funds sold 3,075 1,425
Cash and cash equivalents 17,849 10,756
Available-for-sale securities, at fair value 70,165 70,279
Loans held for sale 1,672 5,509
Loans, net of allowance for loan losses of $4,314 and $4,316 at March 31, 2012 and December 31, 2011, respectively 257,167 259,534
Premises and equipment, net 7,407 7,504
Other real estate owned and repossessed assets 2,087 1,923
Federal Home Loan Bank stock 2,988 2,988
Accrued interest receivable 1,382 1,571
Income taxes refundable 1,965 2,789
Deferred tax asset 2,166 1,927
Other assets 1,652 1,369
Total assets 366,500 366,149
Deposits    
Demand 24,474 28,062
Savings, checking and money market 134,412 134,360
Time certificates 83,727 70,162
Total deposits 242,613 232,584
Short-term borrowings 7,949 14,676
Federal Home Loan Bank advances 13,000 13,000
Long-term debt 35,000 35,000
Other liablilities 1,982 4,414
Total liabilities 300,544 299,674
Commitments and contingencies 0 0
Shareholders' Equity    
Preferred stock, $0.01 par value, 10,000,000 shares authorized no shares outstanding at March 31, 2012 or December 31, 2011 0 0
Common stock, $0.01 par value 50,000,000 shares authorized, 4,360,335 shares issued and 3,939,460 outstanding at March 31, 2012 and 4,459,135 shares issued and 4,038,260 outstanding at December 31, 2011 44 45
Additional paid-in-capital 43,470 44,579
Common stock held by:    
Nonqualified Deferred Compensation Plan (1,847) (1,845)
Employee Stock Ownership Plan (2,860) (2,860)
2008 Equity Incentive Plan (1,107) (1,107)
Retained earnings 25,603 24,900
Accumulated other comprehensive income 2,653 2,763
Total shareholders' equity 65,956 66,475
Total liabilities and shareholders' equity $ 366,500 $ 366,149