Consolidated Statement of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 50,188	$ 27,554
Interest bearing deposits in banks	1,953	7,897
Cash and cash equivalents	52,141	35,451
Investment securities - available-for-sale (at fair value)	170,232	221,117
Investment securities - held to maturity (fair value of $106,742 at December 31, 2015 and $110,771 at December 31, 2014, respectively)	105,560	109,449
Restricted investment in bank stock, at cost	5,904	7,524
Loans	879,023	839,991
Allowance for loan losses	(11,922)	(12,065)
Net loans	867,101	827,926
Premises and equipment, net	25,198	25,629
Goodwill	11,004	11,004
Bank owned life insurance	40,150	33,504
Deferred tax assets	19,790	25,907
Other real estate owned	6,883	12,932
Accrued interest receivable and other assets	19,495	21,853
Total Assets	1,323,458	1,332,296
Liabilities:
Non-interest bearing deposits	204,569	201,188
Interest bearing deposits	794,225	780,135
Total deposits	998,794	981,323
Short-term borrowings	35,828	39,801
Long-term borrowings	147,537	182,606
Accrued interest payable and other liabilities	20,528	19,567
Total Liabilities	1,202,687	1,223,297
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, 2015 and 2014	30,000	30,000
Common Stock - par value $.01 per share; Authorized 25,000 shares; issued and outstanding 6,255 shares at December 31, 2015 and 6,228 shares at December 31, 2014	63	62
Surplus	21,986	21,795
Retained earnings	87,666	77,375
Accumulated other comprehensive loss	(18,944)	(20,233)
Total Shareholders' Equity	120,771	108,999
Total Liabilities and Shareholders' Equity	$ 1,323,458	$ 1,332,296