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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Cash and due from banks:    
Non-interest bearing $ 38,110 $ 43,356
Interest bearing 24,103 8,749
Federal funds sold 20,499 20,997
Cash and cash equivalents 82,712 73,102
Certificates of deposit investments 6,665 13,231
Investment securities:    
Available-for-sale, at fair value 508,309 478,916
Held-to-maturity, at amortized cost (estimated fair value of $0 at December 31, 2012 and $51 at December 31, 2011) 0 51
Loans held for sale 212 1,046
Loans 910,853 859,028
Less allowance for loan losses (11,776) (11,120)
Net loans 899,077 847,908
Interest receivable 6,775 7,052
Other real estate owned 1,187 4,606
Premises and equipment, net 29,670 30,717
Goodwill, net 25,753 25,753
Intangible assets, net 3,161 3,934
Other assets 14,511 14,640
Total assets 1,578,032 1,500,956
Deposits:    
Non-interest bearing 263,838 198,962
Interest bearing 1,010,227 971,772
Total deposits 1,274,065 1,170,734
Interest payable 341 510
Other borrowings 118,484 160,380
Junior subordinated debentures 20,620 20,620
Other liabilities 7,835 7,745
Total liabilities 1,421,345 1,359,989
Stockholders' Equity    
Convertible preferred stock, no par value; authorized 1,000,000 shares; issued 10,427 shares in 2012 and 8,777 shares in 2011 52,035 43,785
Common stock, $4 par value; authorized 18,000,000 shares; issued 7,682,535 shares in 2012 and 7,553,094 shares in 2011 30,730 30,212
Additional paid-in capital 31,685 29,368
Retained earnings 78,986 71,739
Deferred compensation 2,953 2,904
Accumulated other comprehensive income 4,544 3,148
Less treasury stock at cost, 1,711,646 shares in 2012 and 1,546,529 shares in 2011 (44,246) (40,189)
Total stockholders’ equity 156,687 140,967
Total liabilities and stockholders’ equity $ 1,578,032 $ 1,500,956