XML 48 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets    
Cash and due from banks $ 19,221 $ 17,149
AFS investment securities (amortized cost of $137,310 and $134,035) 136,338 135,288
HTM investment securities (fair value of $64,836 and $68,307) 66,031 66,024
Total investments securities 202,369 201,312
Loans and leases 399,239 396,498
Allowance for credit losses (4,306) (6,838)
Net loans and leases 394,933 389,660
Restricted stock 2,904 3,426
Office property and equipment, net 8,179 8,456
Accrued interest receivable 2,464 2,470
OREO & other repossessed property 4,191 1,237
Bank owned life insurance (BOLI) 8,801 8,625
Core deposit intangible 129 181
Net deferred taxes 4,311 3,561
Other assets 2,307 3,491
Total assets 649,809 639,568
Liabilities    
Non-interest-bearing deposits 95,606 85,055
Interest-bearing deposits: NOW 169,334 161,844
Interest-bearing deposits: Money market 134,416 122,953
Interest-bearing deposits: Savings 59,620 58,256
Interest-bearing deposits: Time 92,882 102,316
Total deposits 551,858 530,424
Federal Home Loan Bank of Pittsburgh (FHLBP) advances 10,000 20,000
Repurchase agreements 14,642 17,014
Junior subordinated debentures 9,279 9,279
Other borrowings 548 571
Total borrowings 34,469 46,864
Accrued interest payable 329 421
Other liabilities 5,406 5,154
Total liabilities 592,062 582,863
Stockholders' Equity    
Preferred stock, $10.00 par value; 1,000,000 shares authorized; $1,000 liquidation preference per share; 13,000 shares issued 12,990 12,978
Common stock, $1.00 par value; 10,000,000 shares authorized; 2,896,703 issued and outstanding 2,908 2,899
Treasury stock, at cost; 146,819 and 162,803 shares, respectively (2,704) (2,999)
Surplus 34,385 34,274
Retained earnings 12,307 10,236
Accumulated other comprehensive loss, net (2,139) (683)
Total stockholders' equity 57,747 56,705
Total liabilities and stockholders' equity $ 649,809 $ 639,568