Consolidated Statement of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 60,749	$ 60,707
Interest bearing deposits in banks	2,089	2,603
Cash and cash equivalents	62,838	63,310
Investment securities - available-for-sale (at fair value)	136,937	140,000
Investment securities - held to maturity (fair value $98,916 at March 31, 2017 and $97,981 at December 31, 2016)	98,019	97,169
Restricted investment in bank stock, at cost	5,204	5,209
Loans	894,532	891,926
Allowance for loan losses	(11,583)	(9,918)
Net loans	882,949	882,008
Premises and equipment, net	28,155	27,160
Goodwill and other intangible assets, net	11,004	11,004
Bank owned life insurance	41,277	40,968
Deferred tax assets	19,001	19,337
Other real estate owned	11,002	10,910
Accrued interest receivable and other assets	23,048	21,115
Total Assets	1,319,434	1,318,190
Liabilities:
Non-interest bearing deposits	239,292	219,158
Interest bearing deposits	787,576	795,071
Total deposits	1,026,868	1,014,229
Short-term borrowings	35,269	36,000
Long-term borrowings	120,929	131,737
Accrued interest payable and other liabilities	21,484	22,526
Total Liabilities	1,204,550	1,204,492
Shareholders' Equity:
Preferred stock - no par value; Authorized 2,000 shares of which 30 shares of Series A, $1,000 per share liquidation preference, 9% cumulative, issued and outstanding10 shares at March 31, 2017 and 20 shares at December 31, 2016	10,000	20,000
Common Stock - par value $.01 per share;Authorized 25,000 shares; issued and outstanding 7,053 shares at March 31, 2017 and 6,269 at December 31, 2016	71	63
Surplus	31,411	22,178
Retained earnings	94,362	92,922
Accumulated other comprehensive loss	(20,960)	(21,465)
Total Shareholders' Equity	114,884	113,698
Total Liabilities and Shareholders' Equity	$ 1,319,434	$ 1,318,190