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CONSOLIDATED STATEMENTS OF CONDITION (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Cash and Cash Equivalents    
Cash and Non-interest Bearing Deposits Due From Banks $ 80,436 $ 73,651
Interest Bearing Deposits Due From Banks 304,220 98,908
Federal Funds Sold 1,150 0
Total Cash and Cash Equivalents 385,806 172,559
Federal Reserve Bank, Federal Home Loan Bank and Other Stock 3,043 2,536
Investment Securities:    
Available for Sale, at Fair Value 402,353 299,204
Held to Maturity (Fair Value of $8,861 and $10,161, respectively) 8,035 9,315
Total Investment Securities 410,388 308,519
Loans 780,780 969,654
Allowance for Loan Losses 17,781 39,958
Net Loans 762,999 929,696
Loans Held-for-Sale 907 0
Premises and Equipment, Net 27,656 27,984
Deferred Taxes 11,385 18,465
Income Tax Receivable 5,406 5,421
Other Real Estate Owned ("OREO") 1,572 1,800
Accrued Interest and Loan Fees Receivable 4,883 6,885
Prepaid FDIC Assessment 74 1,843
Goodwill and Other Intangibles 2,670 2,437
Other Assets 5,675 6,082
TOTAL ASSETS 1,622,464 1,484,227
LIABILITIES & STOCKHOLDERS' EQUITY    
Demand Deposits 615,120 525,379
Saving, N.O.W. & Money Market Deposits 572,263 531,544
Time Certificates of $100,000 or More 165,731 168,140
Other Time Deposits 78,000 86,809
Total Deposits 1,431,114 1,311,872
Unfunded Pension Liability 7,781 18,212
Capital Leases 4,688 4,737
Accrued Interest Payable 237 348
Other Liabilities 14,659 12,498
TOTAL LIABILITIES 1,458,479 1,347,667
COMMITMENTS AND CONTINGENT LIABILITIES      
STOCKHOLDERS' EQUITY    
Common Stock (par value $2.50; 15,000,000 shares authorized; 13,732,085 shares issued; 11,566,347 and 9,726,814 shares outstanding at December 31, 2012 and 2011, respectively) 34,330 34,330
Surplus 42,628 24,010
Retained Earnings 89,555 91,303
Treasury Stock at par (2,165,738 and 4,005,271 shares at December 31, 2012 and 2011, respectively) (5,414) (10,013)
Accumulated Other Comprehensive Income (Loss), Net of Tax 2,886 (3,070)
TOTAL STOCKHOLDERS' EQUITY 163,985 136,560
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ 1,622,464 $ 1,484,227