XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 20,146 $ 21,119
Cash and cash equivalents 20,146 21,119
Available-for-sale investment securities at fair value (amortized cost of $147,645 and $153,559) 148,305 152,379
Held-to-maturity investment securities (fair value of $76,403 and $68,431) 74,835 67,829
Total investments securities 223,140 220,208
Loans 494,417 481,758
Allowance for credit losses (5,247) (4,935)
Net loans 489,170 476,823
Restricted stock 3,318 3,447
Office property and equipment, net 8,557 6,806
Accrued interest receivable 2,390 2,410
Other real estate owned & other repossessed property 2,952 2,581
Bank owned life insurance (BOLI) 9,436 9,326
Core deposit intangible 59 66
Net deferred taxes 2,930 3,733
Other assets 2,074 2,299
Total assets 764,172 748,818
Liabilities    
Non-interest-bearing deposits 135,212 125,581
Interest-bearing deposits:    
NOW 185,279 185,973
Money market 149,108 137,555
Savings 75,236 72,660
Time 73,560 66,018
Brokered deposits 23,449 18,488
Total deposits 641,844 606,275
Federal Home Loan Bank of Pittsburgh (FHLBP) advances 20,000 30,000
Repurchase agreements 17,748 32,416
Junior subordinated debentures 9,279 9,279
Subordinated debt 9,750 9,750
Other borrowings 442 464
Total borrowings 57,219 81,909
Accrued interest payable 377 345
Other liabilities 5,195 4,801
Total liabilities 704,635 693,330
Stockholders' Equity    
Preferred stock, $10.00 par value; 1,000,000 shares authorized; $1,000 liquidation preference per share; 0 and 0 issued respectively
Common stock, $1.00 par value; 10,000,000 shares authorized; 2,951,128 and 2,933,049 issued, respectively; 2,848,773 and 2,823,840 outstanding, respectively 2,972 2,955
Treasury stock, at cost; 102,355 and 109,209 shares, respectively (1,890) (2,015)
Surplus 35,521 35,097
Retained earnings 23,703 21,436
Accumulated other comprehensive loss (769) (1,985)
Total stockholders' equity 59,537 55,488
Total liabilities and stockholders' equity $ 764,172 $ 748,818