Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Assets    
Cash and due from banks $ 16,386 $ 32,877
Cash and cash equivalents 16,386 32,877
AFS investment securities (amortized cost of $127,038 and $107,543) 127,701 107,530
HTM investment securities (fair value of $57,384 and $37,681) 56,013 36,427
Total investments securities 183,714 143,957
Loans and leases 407,205 403,684
Allowance for credit losses (6,214) (6,164)
Net loans and leases 400,991 397,520
Restricted stock 3,468 3,625
Office property and equipment, net 8,534 7,846
Accrued interest receivable 2,645 2,536
OREO & other repossessed property 3,776 3,974
Bank owned life insurance (BOLI) 8,501 8,383
Core deposit intangible 215 111
Net deferred taxes 3,378 3,614
Other assets 2,479 2,656
Total assets 634,087 607,099
Liabilities    
Non-interest-bearing deposits 87,729 68,371
Interest-bearing deposits: NOW 160,191 171,321
Interest-bearing deposits: Money market 118,431 107,368
Interest-bearing deposits: Savings 56,420 45,250
Interest-bearing deposits: Time 103,807 105,235
Total deposits 526,578 497,545
Federal Home Loan Bank of Pittsburgh (FHLBP) advances 20,000 20,000
Repurchase agreements 18,586 23,770
Junior subordinated debentures 9,279 9,279
Other borrowings 584 598
Total borrowings 48,449 53,647
Accrued interest payable 433 444
Other liabilities 4,895 4,407
Total liabilities 580,355 556,043
Stockholders' Equity    
Preferred stock, $10.00 par value; 1,000,000 shares authorized; $1,000 liquidation preference per share; 13,000 shares issued 12,970 12,962
Common stock, $1.00 par value; 10,000,000 shares authorized; 2,882,503 issued 2,895 2,891
Treasury stock, at cost; 174,167 and 187,654 shares, respectively (4,087) (4,252)
Surplus 35,127 35,060
Retained earnings 7,844 5,871
Accumulated other comprehensive loss, net (1,017) (1,476)
Total stockholders' equity 53,732 51,056
Total liabilities and stockholders' equity $ 634,087 $ 607,099