Consolidated Statement of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Assets
Cash and due from banks	$ 22,187	$ 82,273
Interest bearing deposits in banks	1,354	1,479
Cash and cash equivalents	23,541	83,752
Investment securities - available-for-sale (at fair value)	137,641	146,470
Investment securities - held to maturity (fair value of $93,760 at December 31, 2018 and $95,346 at December 31, 2017)	94,010	93,632
Restricted investment in bank stock, at cost	5,394	5,204
Loans	1,007,714	892,518
Allowance for loan losses	(11,047)	(9,972)
Net loans	996,667	882,546
Premises and equipment, net	37,855	30,881
Goodwill	11,004	11,004
Bank owned life insurance	43,317	42,155
Deferred tax assets	7,844	9,252
Other real estate owned	6,598	10,141
Accrued interest receivable and other assets	20,645	21,433
Total Assets	1,384,516	1,336,470
Liabilities:
Non-interest bearing deposits	262,250	252,049
Interest bearing deposits	805,277	787,341
Total deposits	1,067,527	1,039,390
Short-term borrowings	77,707	48,845
Long-term borrowings	100,929	120,929
Accrued interest payable and other liabilities	20,649	18,916
Dividends Payable	638	0
Total Liabilities	1,267,450	1,228,080
Shareholders' Equity:
Common Stock - par value $.01 per share; Authorized 25,000,000 shares; issued and outstanding 7,086,632 shares at December 31, 2018 and 7,067,425 shares at December 31, 2017	71	71
Surplus	31,921	31,553
Retained earnings	109,477	101,359
Accumulated other comprehensive loss	(24,403)	(24,593)
Total Shareholders' Equity	117,066	108,390
Total Liabilities and Shareholders' Equity	$ 1,384,516	$ 1,336,470