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Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Assets    
Cash and due from banks $ 18,993 $ 32,877
Cash and cash equivalents 18,993 32,877
AFS investment securities (amortized cost of $122,377 and $107,543) 123,900 107,530
HTM investment securities (fair value of $56,460 and $37,681) 54,090 36,427
Total investments securities 177,990 143,957
Loans and leases 402,377 403,684
Allowance for credit losses (6,557) (6,164)
Net loans and leases 395,820 397,520
Restricted stock 3,427 3,625
Office property and equipment, net 8,341 7,846
Accrued interest receivable 2,788 2,536
OREO & other repossessed property 3,864 3,974
Bank owned life insurance (BOLI) 8,561 8,383
Core deposit intangible 197 111
Net deferred taxes 3,082 3,614
Other assets 3,130 2,656
Total assets 626,193 607,099
Liabilities    
Non-interest-bearing deposits 84,867 68,371
Interest-bearing deposits: NOW 155,420 171,321
Interest-bearing deposits: Money market 115,587 107,368
Interest-bearing deposits: Savings 55,063 45,250
Interest-bearing deposits: Time 106,946 105,235
Total deposits 517,883 497,545
Federal Home Loan Bank of Pittsburgh (FHLBP) advances 20,000 20,000
Repurchase agreements 17,407 23,770
Junior subordinated debentures 9,279 9,279
Other borrowings 578 598
Total borrowings 47,264 53,647
Accrued interest payable 371 444
Other liabilities 5,002 4,407
Total liabilities 570,520 556,043
Stockholders' Equity    
Preferred stock, $10.00 par value; 1,000,000 shares authorized; $1,000 liquidation preference per share; 13,000 shares issued 12,974 12,962
Common stock, $1.00 par value; 10,000,000 shares authorized; 2,882,503 issued 2,897 2,891
Treasury stock, at cost; 167,941 and 187,654 shares, respectively (4,002) (4,252)
Surplus 35,159 35,060
Retained earnings 9,087 5,871
Accumulated other comprehensive loss, net (442) (1,476)
Total stockholders' equity 55,673 51,056
Total liabilities and stockholders' equity $ 626,193 $ 607,099