XML 16 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and due from banks $ 59,146 $ 59,955
Federal funds sold 1,803 4,758
Interest-bearing deposits in other banks 108,735 27,514
Total cash and cash equivalents 169,684 92,227
Trading securities 797 747
Investment securities available for sale, at fair value (amortized cost: $657,942 and $717,593, respectively) 670,534 729,844
Federal Home Loan Bank stock, held at cost 12,148 12,148
Loans held for sale 1,302 3,281
Loans 1,470,848 1,501,301
Allowance for loan losses (33,854) (35,212)
Loans, net 1,436,994 1,466,089
Premises and equipment, net 23,935 24,374
Other real estate owned, net 27,525 30,823
Bank owned life insurance 26,423 26,228
Other assets 39,945 44,126
Total assets 2,409,287 2,429,887
LIABILITIES AND STOCKHOLDERS' EQUITY    
Demand 620,015 621,962
Savings and interest bearing demand 503,829 495,117
Money market 614,831 625,373
Time deposits 155,830 173,117
Total deposits 1,894,505 1,915,569
Long-term borrowings 120,000 120,000
Junior subordinated debentures 51,000 51,000
Reserve for unfunded commitments 780 771
Other liabilities 22,020 28,068
Total liabilities 2,088,305 2,115,408
Commitments and contingent liabilities (Note 7)      
Stockholders' equity:    
Common stock: no par value, 50,000 shares authorized; issued and outstanding: 19,295 at March 31, 2012 and 19,298 at December 31, 2011 231,472 230,966
Retained earnings 60,741 54,952
Accumulated other comprehensive income 7,645 7,437
Total stockholders' equity 320,982 314,479
Total liabilities and stockholders' equity 2,409,287 2,429,887
Series B Preferred Stock [Member]
   
Stockholders' equity:    
Preferred stock: no par value, 10,000 shares authorized; Series B issued and outstanding: 121 at March 31, 2012 and December 31, 2011 $ 21,124 $ 21,124