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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 22,103 $ 21,119
Cash and cash equivalents 22,103 21,119
Available-for-sale investment securities at fair value (amortized cost of $116,830 and $153,559) 115,184 152,379
Held-to-maturity investment securities (fair value of $66,124 and $68,431) 67,022 67,829
Total investments securities 182,206 220,208
Loans 817,529 481,758
Allowance for credit losses (5,373) (4,935)
Net loans 812,156 476,823
Restricted stock 5,381 3,447
Office property and equipment, net 9,243 6,806
Accrued interest receivable 3,567 2,410
Other real estate owned & other repossessed property 2,767 2,581
Bank owned life insurance (BOLI) 9,552 9,326
Core deposit intangible 537 66
Goodwill 15,590  
Net deferred taxes 5,250 3,733
Other assets 2,333 2,299
Total assets 1,070,685 748,818
Liabilities    
Non-interest-bearing deposits 173,467 125,581
Interest-bearing deposits:    
NOW 224,219 185,973
Money market 184,783 137,555
Savings 86,176 72,660
Time 187,256 66,018
Brokered deposits 29,286 18,488
Total deposits 885,187 606,275
Federal Home Loan Bank of Pittsburgh (FHLBP) advances 55,332 30,000
Repurchase agreements 11,889 32,416
Junior subordinated debentures 9,279 9,279
Subordinated debt 9,750 9,750
Other borrowings 418 464
Total borrowings 86,668 81,909
Accrued interest payable 534 345
Other liabilities 3,456 4,801
Total liabilities 975,845 693,330
Commitments and Contingencies
Stockholders' Equity    
Common stock, $1.00 par value; 10,000,000 shares authorized; 4,334,352 and 2,833,049 issued, respectively; 4,240,778 and 2,823,840 outstanding, respectively 4,351 2,955
Treasury stock, at cost; 93,574 and 109,209 shares, respectively (1,730) (2,015)
Surplus 68,973 35,097
Retained earnings 25,520 21,436
Accumulated other comprehensive loss, net (2,274) (1,985)
Total stockholders' equity 94,840 55,488
Total liabilities and stockholders' equity $ 1,070,685 $ 748,818