XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 33,452 $ 10,917
Cash and cash equivalents 33,452 10,917
Available-for-sale investment securities at fair value (amortized cost of $106,450 and $113,555) 103,429 111,783
Held-to-maturity investment securities (fair value of $60,815 and $62,420) 62,145 62,390
Total investment securities 165,574 174,173
Loans held for sale 276 651
Loans 885,320 845,897
Allowance for credit losses (6,188) (5,843)
Net loans 879,132 840,054
Restricted stock 6,950 7,641
Office property and equipment, net 8,150 8,649
Accrued interest receivable 3,911 3,822
Other real estate owned & other repossessed property 5,113 5,012
Bank owned life insurance (BOLI) 9,418 9,314
Core deposit intangible 388 435
Goodwill 15,525 15,525
Net deferred taxes 3,075 2,980
Other assets 2,645 2,742
Total assets 1,133,609 1,081,915
Liabilities    
Non-interest-bearing deposits 175,561 176,815
Interest-bearing deposits:    
NOW 216,261 199,310
Money market 254,061 221,726
Savings 80,044 81,050
Time 114,766 140,490
Brokered deposits 93,422 41,812
Total deposits 934,115 861,203
Federal Home Loan Bank of Pittsburgh (FHLBP) advances 62,972 79,013
Repurchase agreements 5,609 12,023
Junior subordinated debentures 9,279 9,279
Subordinated debt 9,750 9,750
Other borrowings 336 2,738
Total borrowings 87,946 112,803
Accrued interest payable 561 554
Other liabilities 5,654 5,413
Total liabilities 1,028,276 979,973
Stockholders' Equity    
Common stock, $1.00 par value; 20,000,000 shares authorized; 4,370,185 and 4,362,939 issued, respectively; 4,301,898 and 4,286,117 outstanding, respectively 4,385 4,379
Treasury stock, at cost; 68,287 and 76,822 shares, respectively (1,276) (1,429)
Surplus 69,268 69,110
Retained earnings 36,804 32,272
Accumulated other comprehensive loss (3,848) (2,390)
Total stockholders' equity 105,333 101,942
Total liabilities and stockholders' equity $ 1,133,609 $ 1,081,915