XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and due from banks $ 27,283 $ 30,434
Interest earning deposits with banks and other short-term investments 92,374 85,037
Total cash and cash equivalents 119,657 115,471
Investments:    
Securities available for sale, at fair value 186,049 252,513
Securities held to maturity (fair value of $140,411 and $137,087) 142,110 140,826
Total investments 328,159 393,339
Loans 1,156,663 1,166,233
Less: Allowance for loan losses 12,019 12,042
Net loans 1,144,644 1,154,191
Federal Home Loan Bank stock 4,378 7,496
Bank premises and equipment, net 15,922 15,572
Investment in real estate limited partnerships 5,511 4,631
Bank owned life insurance 10,237 10,000
Other assets 19,078 24,769
Total assets 1,647,586 1,725,469
LIABILITIES    
Demand (noninterest bearing) 544,425 266,299
Savings, interest bearing checking and money market accounts 525,680 752,171
Time deposits $100 thousand and greater 83,741 115,204
Other time deposits 150,235 189,902
Total deposits 1,304,081 1,323,576
Securities sold under agreements to repurchase 188,157 250,314
Other long-term debt 2,341 2,403
Junior subordinated debentures issued to unconsolidated subsidiary trust 20,619 20,619
Other liabilities 6,644 8,946
Total liabilities 1,521,842 1,605,858
Commitments and contingencies (Note 9)      
SHAREHOLDERS' EQUITY    
Preferred stock      
Common stock, $.01 par value Authorized: 10,000,000 shares; Issued: 6,651,760 at September 30, 2014 and December 31, 2013 Outstanding: 6,329,958 at September 30, 2014 and 6,318,708 at December 31, 2013 67 67
Capital in excess of par value 37,176 37,129
Retained earnings 99,967 95,657
Treasury stock, at cost: 321,802 shares at September 30, 2014 and 333,052 shares at December 31, 2013 (13,656) (14,043)
Deferred compensation arrangements: 304,118 shares at September 30, 2014 and 319,854 shares at December 31, 2013 6,324 6,521
Accumulated other comprehensive loss (4,134) (5,720)
Total shareholders' equity 125,744 119,611
Total liabilities and shareholders' equity 1,647,586 1,725,469
Preferred Class A Non-Voting [Member]
   
SHAREHOLDERS' EQUITY    
Preferred stock