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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 30,442 $ 21,119
Cash and cash equivalents 30,442 21,119
Available-for-sale investment securities at fair value (amortized cost of $121,492 and $153,559) 121,688 152,379
Held-to-maturity investment securities (fair value of $75,111 and $68,431) 73,789 67,829
Total investments securities 195,477 220,208
Loans 509,475 481,758
Allowance for credit losses (5,303) (4,935)
Net loans 504,172 476,823
Restricted stock 3,623 3,447
Office property and equipment, net 9,033 6,806
Accrued interest receivable 2,639 2,410
Other real estate owned & other repossessed property 2,939 2,581
Bank owned life insurance (BOLI) 9,492 9,326
Core deposit intangible 56 66
Net deferred taxes 3,592 3,733
Other assets 8,807 2,299
Total assets 770,272 748,818
Liabilities    
Non-interest-bearing deposits 146,731 125,581
Interest-bearing deposits:    
NOW 169,400 185,973
Money market 160,312 137,555
Savings 73,867 72,660
Time 71,920 66,018
Brokered deposits 23,313 18,488
Total deposits 645,543 606,275
Federal Home Loan Bank of Pittsburgh (FHLBP) advances 20,000 30,000
Repurchase agreements 19,483 32,416
Junior subordinated debentures 9,279 9,279
Subordinated debt 9,750 9,750
Other borrowings 431 464
Total borrowings 58,943 81,909
Accrued interest payable 329 345
Other liabilities 6,240 4,801
Total liabilities 711,055 693,330
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; 2,853,434 and 2,823,840 outstanding, respectively 2,975 2,955
Treasury stock, at cost; 97,694 and 109,209 shares, respectively (1,805) (2,015)
Surplus 35,614 35,097
Retained earnings 23,504 21,436
Accumulated other comprehensive loss (1,071) (1,985)
Total stockholders' equity 59,217 55,488
Total liabilities and stockholders' equity $ 770,272 $ 748,818