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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets:    
Cash and due from banks $ 29,101 $ 18,144
Temporary investments 394 276
Cash and cash equivalents 29,495 18,420
Investment securities:    
Held-to-maturity, at amortized cost (fair value of $66,077 and $89,760) 62,085 86,578
Available-for-sale, at fair value 893,956 653,115
Total Investment Securities 956,041 739,693
Loan held for sale 0 1,000
Loans:    
Commercial and industrial 42,572 39,055
Secured by real estate:    
Commercial mortgages 459,875 416,946
Residential mortgages 372,477 334,768
Home equity 103,513 103,829
Other 4,596 5,790
Total loans gross carrying amount 983,033 900,388
Net deferred loan origination costs 2,826 2,571
Total loans net of deferred income 985,859 902,959
Allowance for loan losses (16,572) (14,014)
Total loans net reported amount 969,287 888,945
Restricted stock, at cost 12,284 8,155
Bank premises and equipment, net 21,809 20,843
Deferred income tax benefits 0 2,199
Bank-owned life insurance 13,165 12,663
Pension plan assets, net 6,132 5,868
Prepaid FDIC assessment 2,770 3,792
Other assets 11,424 9,445
Total Assets 2,022,407 1,711,023
Deposits:    
Checking 435,517 386,797
Savings, NOW and money market 796,009 637,975
Time, $100,000 and over 174,691 178,901
Time, other 96,651 89,265
Total deposits 1,502,868 1,292,938
Short-term borrowings 102,227 61,590
Long-term debt 207,500 192,000
Accrued expenses and other liabilities 9,347 7,801
Deferred income taxes payable 11,118 0
Total liabilities 1,833,060 1,554,329
Commitments and Contingent Liabilities (Note M)      
Stockholders' Equity:    
Common stock, par value $.10 per share: Authorized, 20,000,000 shares;Issued and outstanding, 8,793,932 and 8,707,665 shares 879 871
Surplus 37,507 35,526
Retained earnings 133,273 121,713
Total Stockholders' Equity 171,659 158,110
Accumulated other comprehensive income (loss) net of tax 17,688 (1,416)
Total Stockholders' Equity 189,347 156,694
Total stockholders' equity and liabilities $ 2,022,407 $ 1,711,023