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Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and due from banks $ 52,049 $ 184,830
Interest bearing deposits in banks 13,058 114,483
Cash and cash equivalents 65,107 299,313
Investment securities - available-for-sale (at fair value) 245,023 229,687
Restricted investment in bank stock, at cost 10,726 12,449
Loans 938,694 1,009,753
Allowance for loan losses (19,480) (22,138)
Net loans 919,214 987,615
Premises and equipment, net 30,826 32,945
Goodwill and other intangible assets, net 14,432 14,700
Bank owned life insurance 31,435 30,405
Deferred tax assets 28,711 26,400
Other real estate owned 16,676 18,072
Accrued interest receivable and other assets 28,715 44,859
Total Assets 1,390,865 1,696,445
Liabilities:    
Non-interest bearing deposits 149,888 121,142
Interest bearing deposits 877,896 1,180,504
Total deposits 1,027,784 1,301,646
Short-term borrowings 36,868 39,139
Long-term borrowings 207,044 243,100
Accrued interest payable and other liabilities 22,513 16,920
Total Liabilities 1,294,209 1,600,805
Shareholders' Equity:    
Preferred stock - no par value; Authorized 2,000 shares of which 30 shares of Series A, $1,000 per share liquidation preference, 5% cumulative increasing to 9% cumulative on February 15, 2014, were issued and outstanding on December 31, 2011 and 2010 (discount of $140 and $202, respectively) 29,860 29,798
Common Stock - par value $.01 per share; Authorized 25,000 shares; issued and outstanding 6,183 in 2011 and 6,166 in 2010 62 62
Surplus 21,500 21,422
Retained earnings 66,196 64,179
Accumulated other comprehensive loss (20,962) (19,821)
Total Shareholders' Equity 96,656 95,640
Total Liabilities and Shareholders' Equity $ 1,390,865 $ 1,696,445