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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Sep. 30, 2015
ASSETS      
Cash and due from banks $ 25,067 $ 3,625 [1] $ 4,232
Interest bearing deposits with other banks 9,432 5,862 [1] 8,057
Cash and cash equivalents 34,499 9,487 [1] 12,289
Securities available for sale 262,102 280,792 [1] 272,127
Other investments 13,182 8,949 [1] 7,016
Loans held for sale, net 0 779 [1] 83
Loans, net 1,234,605 1,079,331 [1] 1,062,348
Property held for sale 24,767 25,567 [1] 29,713
Premises and equipment, net 21,802 21,572 [1] 20,457
Accrued interest receivable 5,470 5,544 [1] 5,295
Intangible assets 7,348 7,498 [1] 7,548
Cash surrender value of life insurance policies 38,504 37,732 [1] 37,481
Other assets 15,357 15,178 [1] 14,947
Total assets 1,657,636 1,492,429 [1] 1,469,304
Deposits      
Non interest bearing 122,652 119,010 [1] 118,887
Interest bearing 1,034,132 947,699 [1] 953,204
Total deposits 1,156,784 1,066,709 [1] 1,072,091
Short-term borrowings 234,657 171,394 [1] 145,291
Long-term borrowings 74,146 75,581 [1] 76,059
Subordinated debentures owed to unconsolidated subsidiary trusts 19,589 19,589 [1] 19,589
Other liabilities 18,640 15,412 [1] 15,985
Total liabilities 1,503,816 1,348,685 [1] 1,329,015
Commitments and Contingencies [1]
Shareholders' Equity      
Preferred Stock, Value, Issued 0 0 0
Common stock and related surplus, $2.50 par value; authorized 20,000,000 shares; issued: 10,857,801 shares 2016, 10,853,566 shares December 2015 and 10,844,912 shares September 2015; outstanding: 10,701,841 shares 2016, 10,671,744 shares December 2015 and 10,658,199 shares September 2015 46,114 45,741 [1] 45,612
Unallocated common stock held by Employee Stock Ownership Plan 2016 - 155,960 shares, December 2015 - 181,822 shares and September 2015 - 186,713 (1,684) (1,964) (2,017)
Retained earnings 109,808 100,423 [1] 97,129
Accumulated other comprehensive income (418) (456) [1] (435)
Total shareholders' equity 153,820 143,744 [1] 140,289
Total liabilities and shareholders' equity $ 1,657,636 $ 1,492,429 [1] $ 1,469,304
[1] December 31, 2015 financial information has been extracted from audited consolidated financial statements