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Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Assets    
Cash and due from banks $ 17,149 $ 32,877
Cash and cash equivalents 17,149 32,877
AFS investment securities (amortized cost of $134,035 and $107,543) 135,288 107,530
HTM investment securities (fair value of $68,307 and $37,681) 66,024 36,427
Total investments securities 201,312 143,957
Loans and leases 396,498 403,684
Allowance for credit losses (6,838) (6,164)
Net loans and leases 389,660 397,520
Restricted stock 3,426 3,625
Office property and equipment, net 8,456 7,846
Accrued interest receivable 2,470 2,536
OREO & other repossessed property 1,237 3,974
Bank owned life insurance (BOLI) 8,625 8,383
Core deposit intangible 181 111
Net deferred taxes 3,561 3,614
Other assets 3,491 2,656
Total assets 639,568 607,099
Liabilities    
Non-interest-bearing deposits 85,055 68,371
Interest-bearing deposits: NOW 161,844 171,321
Interest-bearing deposits: Money market 122,953 107,368
Interest-bearing deposits: Savings 58,256 45,250
Interest-bearing deposits: Time 102,316 105,235
Total deposits 530,424 497,545
Federal Home Loan Bank of Pittsburgh (FHLBP) advances 20,000 20,000
Repurchase agreements 17,014 23,770
Junior subordinated debentures 9,279 9,279
Other borrowings 571 598
Total borrowings 46,864 53,647
Accrued interest payable 421 444
Other liabilities 5,154 4,407
Total liabilities 582,863 556,043
Commitments and contingencies (Note 14)      
Stockholders' Equity    
Preferred stock, $10.00 par value; 1,000,000 shares authorized; $1,000 liquidation preference per share; 13,000 shares issued 12,978 12,962
Common stock, $1.00 par value; 10,000,000 shares authorized; 2,882,503 issued 2,899 2,891
Treasury stock, at cost; 162,803 and 187,654 shares, respectively (2,999) (3,471)
Surplus 34,274 34,279
Retained earnings 10,236 5,871
Accumulated other comprehensive loss, net (683) (1,476)
Total stockholders' equity 56,705 51,056
Total liabilities and stockholders' equity $ 639,568 $ 607,099