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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Cash and due from banks    
Non-interest bearing cash and due from banks $ 43,356 $ 21,008
Interest bearing cash and due from banks 8,749 130,485
Federal funds sold 20,997 80,000
Cash and cash equivalents 73,102 231,493
Certificates of deposit investments 13,231 10,000
Investment securities:    
Available-for-sale, at fair value 478,916 342,816
Held-to-maturity, at amortized cost (estimated fair value of $51 and $53 at December 31, 2011 and 2010, respectively) 51 50
Loans held for sale 1,046 114
Loans 859,028 804,467
Less allowance for loan losses (11,120) (10,393)
Net loans 847,908 794,074
Interest receivable 7,052 6,390
Other real estate owned 4,606 6,127
Premises and equipment, net 30,717 28,544
Goodwill, net 25,753 25,753
Intangible assets, net 3,934 5,068
Other assets 14,640 17,816
Total assets 1,500,956 1,468,245
Deposits:    
Non-interest bearing deposit 198,962 183,932
Interest bearing deposit 971,772 1,028,778
Total deposits 1,170,734 1,212,710
Securities sold under agreements to repurchase 132,380 94,057
Interest payable 510 701
FHLB borrowings 19,750 22,750
Other borrowings 8,250 0
Junior subordinated debentures 20,620 20,620
Other liabilities 7,745 5,142
Total liabilities 1,359,989 1,355,980
Stockholders' Equity    
Preferred stock, no par value, authorized 1,000,000 shares; issued 8,777 shares in 2011 and 4,927 shares in 2010 43,785 24,635
Common stock, $4 par value; authorized 18,000,000 shares; issued 7,553,094 shares in 2011 and 7,477,132 shares in 2010 30,212 29,909
Additional paid-in capital 29,368 28,223
Retained earnings 71,739 66,356
Deferred compensation 2,904 2,929
Accumulated other comprehensive income (loss) 3,148 (2,066)
Less treasury stock at cost, 1,546,529 shares in 2011 and 1,418,456 shares in 2010 40,189 37,721
Total stockholders' equity 140,967 112,265
Total liabilities and stockholders' equity $ 1,500,956 $ 1,468,245