Consolidated Statement of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 82,273	$ 60,707
Interest bearing deposits in banks	1,479	2,603
Cash and cash equivalents	83,752	63,310
Investment securities - available-for-sale (at fair value)	146,470	140,000
Investment securities - held to maturity (fair value of $95,346 at December 31, 2017 and $97,981 at December 31, 2016)	93,632	97,169
Restricted investment in bank stock, at cost	5,204	5,209
Loans	892,518	891,926
Allowance for loan losses	(9,972)	(9,918)
Net loans	882,546	882,008
Premises and equipment, net	30,881	27,160
Goodwill	11,004	11,004
Bank owned life insurance	42,155	40,968
Deferred tax assets	9,252	19,337
Other real estate owned	10,141	10,910
Accrued interest receivable and other assets	25,802	21,115
Total Assets	1,340,839	1,318,190
Liabilities:
Non-interest bearing deposits	249,593	219,158
Interest bearing deposits	789,797	795,071
Total deposits	1,039,390	1,014,229
Short-term borrowings	48,845	36,000
Long-term borrowings	120,929	131,737
Accrued interest payable and other liabilities	23,285	22,526
Total Liabilities	1,232,449	1,204,492
Shareholders' Equity:
Preferred stock - no par value; Authorized 2,000,000 shares of which 30,000 shares of Series A, $1,000 per share liquidation preference, 9% cumulative; issued and outstanding 0 shares at December 31, 2017 and 20,000 shares at December 31, 2016	0	20,000
Common Stock - par value $.01 per share; Authorized 25,000,000 shares; issued and outstanding 7,067,425 shares at December 31, 2017 and 6,269,004 shares at December 31, 2016	71	63
Surplus	31,553	22,178
Retained earnings	101,359	92,922
Accumulated other comprehensive loss	(24,593)	(21,465)
Total Shareholders' Equity	108,390	113,698
Total Liabilities and Shareholders' Equity	$ 1,340,839	$ 1,318,190