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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
ASSETS      
Cash and due from banks $ 4,515 $ 4,652 $ 4,190
Interest bearing deposits with other banks 24,658 45,696 24,810
Securities available for sale 295,806 271,730 258,971
Other investments 20,951 22,941 24,006
Loans held for sale, net 405 343 525
Loans, net 971,127 995,319 1,065,118
Property held for sale 66,188 70,235 69,478
Premises and equipment, net 22,587 23,092 23,762
Accrued interest receivable 5,743 5,879 6,108
Intangible assets 8,826 9,002 9,178
Cash surrender value of life insurance policies 28,762 13,458 13,167
Other assets 18,418 16,123 20,293
Total assets 1,467,986 1,478,470 1,519,606
LIABILITIES AND SHAREHOLDERS' EQUITY      
Non interest bearing 85,964 74,604 73,519
Interest bearing 960,130 962,335 947,619
Total deposits 1,046,094 1,036,939 1,021,138
Short-term borrowings 2,047 1,582 2,739
Long-term borrowings 282,631 304,109 361,175
Subordinated debentures 16,800 16,800 16,800
Subordinated debentures owed to unconsolidated subsidiary trusts 19,589 19,589 19,589
Other liabilities 8,966 9,630 9,311
Total liabilities 1,376,127 1,388,649 1,430,752
Commitments and Contingencies      
Shareholders' Equity      
Preferred stock and related surplus - authorized 250,000 shares; Series 2009, 8% Non-cumulative convertible preferred stock, par value $1.00; issued 3,710 shares 3,519 3,519 3,519
Common stock and related surplus - authorized 20,000,000 shares; $2.50 par value; issued and outstanding 2011 and 2010 - 7,425,472 shares 24,516 24,508 24,508
Retained earnings 61,711 61,201 60,567
Accumulated other comprehensive income 2,113 593 260
Total shareholders' equity 91,859 89,821 88,854
Total liabilities and shareholders' equity $ 1,467,986 $ 1,478,470 $ 1,519,606