|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Jun. 30, 2013
|
Dec. 31, 2012
|
| Cash and cash equivalents |
|
|
| Cash and due from banks |
$ 13,532 |
$ 21,485 |
| Interest-earning deposits in other banks |
23,534 |
45,393 |
| Total cash and cash equivalents |
37,066 |
66,878 |
| Securities |
|
|
| Available-for-sale, at fair value |
127,515 |
129,291 |
| Restricted stock, at cost |
5,463 |
5,463 |
| Total securities |
132,978 |
134,754 |
| Loans held for sale |
103 |
|
| Loans |
378,191 |
364,580 |
| Less allowance for loan losses |
4,945 |
4,580 |
| Net loans |
373,246 |
360,000 |
| Premises and equipment, net |
8,326 |
8,475 |
| Core deposit intangible |
826 |
894 |
| Goodwill |
4,728 |
4,728 |
| Bank-owned life insurance |
9,419 |
8,298 |
| Accrued interest receivable and other assets |
4,376 |
2,873 |
| TOTAL ASSETS |
571,068 |
586,900 |
| Deposits |
|
|
| Noninterest-bearing |
101,644 |
104,147 |
| Interest-bearing |
361,201 |
371,296 |
| Total deposits |
462,845 |
475,443 |
| Short-term borrowings |
41,851 |
43,992 |
| Other borrowings |
12,558 |
12,672 |
| Accrued interest payable and other liabilities |
2,423 |
2,340 |
| Total liabilities |
519,677 |
534,447 |
| SHAREHOLDERS' EQUITY |
|
|
| Common stock, $6.25 par value. Authorized 9,000,000 shares; issued 2,980,602 shares; shares outstanding 2,736,634 in 2013 and 2,736,060 in 2012 |
18,629 |
18,629 |
| Additional paid-in capital |
9,964 |
9,974 |
| Retained earnings |
28,586 |
26,962 |
| Treasury stock at cost - 243,968 in 2013 and 244,542 shares in 2012 |
(4,958) |
(4,976) |
| Accumulated other comprehensive (loss) income |
(830) |
1,864 |
| Total shareholders' equity |
51,391 |
52,453 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
$ 571,068 |
$ 586,900 |