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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 10,429 $ 9,679
Interest-bearing deposits in other banks 140,765 143,264
Total cash and cash equivalents 151,194 152,943
Securities—available for sale at fair value, amortized cost of $209,202 and $214,105, respectively 216,256 219,476
Loans held for sale, at fair value 25,426 44,000
Loans, net of allowance for loan losses of $35,838 and $35,569, respectively 889,172 865,892
Restricted stocks, at cost 3,403 3,345
Corporate premises and equipment, net 36,495 36,533
Other real estate owned, net of valuation allowance of $56 and $56, respectively 1,194 942
Accrued interest receivable 6,707 6,829
Goodwill 14,425 14,425
Core deposit intangible, net 1,411 1,618
Bank-owned life insurance 15,085 14,988
Other assets 44,056 44,085
Total assets 1,404,824 1,405,076
Deposits    
Noninterest-bearing demand deposits 211,654 197,909
Savings and interest-bearing demand deposits 526,837 535,992
Time deposits 336,597 339,732
Total deposits 1,075,088 1,073,633
Short-term borrowings 12,538 12,093
Long-term borrowings 136,029 140,029
Trust preferred capital notes 25,148 25,139
Accrued interest payable 725 698
Other liabilities 21,952 22,425
Total liabilities $ 1,271,480 $ 1,274,017
Commitments and contingent liabilities
Shareholders’ equity    
Common stock ($1.00 par value, 8,000,000 shares authorized, 3,451,057 and 3,437,787 shares issued and outstanding, respectively, includes 145,700 and 137,200 of unvested shares, respectively) $ 3,305 $ 3,301
Additional paid-in capital 10,622 10,420
Retained earnings 117,487 116,167
Accumulated other comprehensive income, net 1,930 1,171
Total shareholders’ equity 133,344 131,059
Total liabilities and shareholders’ equity $ 1,404,824 $ 1,405,076