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Interim Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Cash and cash equivalents    
Cash and demand deposits due from banks $ 20,707 $ 16,978
Interest bearing balances due from banks 1,085 1,131
Total cash and cash equivalents 21,792 18,109
Certificates of deposit held in other financial institutions 10,874 15,808
Trading securities 4,910 5,837
Available-for-sale securities (amortized cost of $373,607 in 2011 and $329,435 in 2010) 380,225 330,724
Mortgage loans available-for-sale 764 1,182
Loans    
Agricultural 72,126 71,446
Commercial 358,943 348,852
Installment 31,035 30,977
Residential real estate mortgage 284,190 284,029
Total loans 746,294 735,304
Less allowance for loan losses 12,378 12,373
Net loans 733,916 722,931
Premises and equipment 24,229 24,627
Corporate owned life insurance 17,753 17,466
Accrued interest receivable 5,579 5,456
Equity securities without readily determinable fair values 17,061 17,564
Goodwill and other intangible assets 46,939 47,091
Other assets 17,228 19,015
TOTAL ASSETS 1,281,270 1,225,810
Deposits    
Noninterest bearing 113,635 104,902
NOW accounts 148,176 142,259
Certificates of deposit under $100 and other savings 443,909 425,981
Certificates of deposit over $100 218,479 204,197
Total deposits 924,199 877,339
Borrowed funds ($10,306 in 2011 and $10,423 in 2010 at fair value) 196,480 194,917
Accrued interest payable and other liabilities 9,077 8,393
Total liabilities 1,129,756 1,080,649
Shareholders' equity    
Common stock - no par value 15,000,000 shares authorized; issued and outstanding 7,576,676 (including 30,312 shares to be issued) in 2011 and 7,550,074 (including 32,686 shares to be issued) in 2010 134,063 133,592
Shares to be issued for deferred compensation obligations 4,735 4,682
Retained earnings 10,703 8,596
Accumulated other comprehensive income (loss) 2,013 (1,709)
Total shareholders' equity 151,514 145,161
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,281,270 $ 1,225,810