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Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets    
Cash and due from banks $ 71,592 $ 71,290
Interest bearing deposits in banks 13,236 11,778
Cash and cash equivalents 84,828 83,068
Investment securities - available-for-sale (at fair value) 239,440 223,273
Investment securities - held to maturity (at cost) 4,040 4,040
Restricted investment in bank stock, at cost 7,853 8,349
Loans 859,669 874,829
Allowance for loan losses (16,025) (16,047)
Net loans 843,644 858,782
Premises and equipment, net 29,229 29,455
Goodwill and other intangible assets, net 11,004 11,004
Bank owned life insurance 31,656 31,407
Deferred tax assets 27,871 28,882
Other real estate owned 16,188 17,513
Accrued interest receivable and other assets 27,014 25,010
Total Assets 1,322,767 1,320,783
Liabilities:    
Non-interest bearing deposits 184,288 161,500
Interest bearing deposits 791,512 815,384
Total deposits 975,800 976,884
Short-term borrowings 38,633 39,257
Long-term borrowings 182,720 182,735
Accrued interest payable and other liabilities 23,679 23,002
Total Liabilities 1,220,832 1,221,878
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 March 31, 2013 and December 31, 2012 (discount of $58 and $75, respectively) 29,942 29,925
Common Stock - par value $.01 per share; Authorized 25,000 shares; issued and outstanding 6,199 shares 62 62
Surplus 21,592 21,573
Retained earnings 70,653 69,168
Accumulated other comprehensive income (20,314) (21,823)
Total Shareholders' Equity 101,935 98,905
Total Liabilities and Shareholders' Equity $ 1,322,767 $ 1,320,783