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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
[1]
Assets    
Cash and due from banks $ 26,949 $ 20,268
Interest-bearing deposits in other banks 76,271 32,939
Securities available for sale, at fair value 272,205 346,502
Restricted stock, at cost 5,509 6,224
Loans held for sale 3,386 5,996
Loans, net of unearned income 1,295,154 1,164,821
Less allowance for loan losses (13,858) (12,801)
Net loans 1,281,296 1,152,020
Premises and equipment, net 25,923 25,439
Other real estate owned, net of valuation allowance of $196 in 2017 and $192 in 2016 2,101 1,328
Goodwill 43,872 43,872
Core deposit intangibles, net 1,271 1,719
Bank owned life insurance 18,491 18,163
Accrued interest receivable and other assets 23,267 24,168
Total assets 1,780,541 1,678,638
Liabilities    
Demand deposits -- noninterest bearing 402,100 378,600
Demand deposits -- interest bearing 225,279 209,430
Money market deposits 336,752 283,035
Savings deposits 124,025 120,720
Time deposits 392,049 378,855
Total deposits 1,480,205 1,370,640
Short-term borrowings:    
Customer repurchase agreements 43,240 39,166
Other short-term borrowings 0 20,000
Long-term borrowings 9,996 9,980
Junior subordinated debt 27,800 27,724
Accrued interest payable and other liabilities 9,086 9,748
Total liabilities 1,570,327 1,477,258
Shareholders' equity    
Preferred stock, $5 par, 2,000,000 shares authorized, none outstanding 0 0
Common stock, $1 par, 20,000,000 shares authorized, 8,647,345 shares outstanding at September 30, 2017 and 8,618,051 shares outstanding at December 31, 2016 8,600 8,578
Capital in excess of par value 75,943 75,076
Retained earnings 126,507 119,600
Accumulated other comprehensive loss, net (836) (1,874)
Total shareholders' equity 210,214 201,380
Total liabilities and shareholders' equity $ 1,780,541 $ 1,678,638
[1] Derived from audited consolidated financial statements.