XML 40 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and due from banks $ 8,238 $ 8,271
Interest-earning deposits and other earning assets 8,148 4,125
Total cash and cash equivalents 16,386 12,396
Investment securities available-for-sale (Note 3) 162,525 160,886
Trading securities (Note 3) 7,450 7,247
Loans held for sale 570 656
Total loans (Note 4) 312,223 346,833
Less allowance for loan losses (Note 4) (4,051) (3,764)
Net loans 308,172 343,069
Premises and equipment 6,592 6,676
Bank-owned life insurance 15,122 15,049
Other assets 9,109 10,939
Total assets 525,926 556,918
LIABILITIES    
Noninterest-bearing deposits 87,195 89,905
Interest-bearing deposits 330,174 358,764
Total deposits 417,369 448,669
Short-term borrowings 3,927 3,804
Federal Home Loan Bank advances - short term   8,100
Federal Home Loan Bank advances - long term 34,500 34,500
Subordinated debt (Note 7) 5,155 5,155
Other liabilities 12,666 7,155
Total liabilities 473,617 507,383
SHAREHOLDERS’ EQUITY    
Common stock - $5.00 stated value - authorized 20,000,000 shares; issued 4,728,267 shares in 2014 and 2013; outstanding shares, 4,527,849 in 2014 and 2013 23,641 23,641
Additional paid-in capital 20,833 20,833
Retained earnings 12,698 11,502
Accumulated other comprehensive loss (1,310) (2,888)
Treasury stock, at cost, 200,418 shares in 2014 and 2013 (3,553) (3,553)
Total shareholders’ equity 52,309 49,535
Total liabilities and shareholders’ equity $ 525,926 $ 556,918