Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Assets    
Cash and due from banks $ 53,305 $ 52,049
Interest bearing deposits in banks 13,634 13,058
Cash and cash equivalents 66,939 65,107
Investment securities - available-for-sale (at fair value) 227,244 245,023
Investment securities - held to maturity (at cost) 4,040 0
Restricted investment in bank stock, at cost 9,679 10,726
Loans 907,909 938,694
Allowance for loan losses (16,770) (19,480)
Net loans 891,139 919,214
Premises and equipment, net 30,378 30,826
Goodwill and other intangible assets, net 11,004 14,432
Bank owned life insurance 30,893 31,435
Deferred tax assets 30,054 28,711
Other real estate owned 19,828 16,676
Accrued interest receivable and other assets 27,241 28,715
Total Assets 1,348,439 1,390,865
Liabilities:    
Non-interest bearing deposits 157,324 149,888
Interest bearing deposits 839,016 877,896
Total deposits 996,340 1,027,784
Short-term borrowings 28,902 36,868
Long-term borrowings 206,515 207,044
Accrued interest payable and other liabilities 21,579 22,513
Total Liabilities 1,253,336 1,294,209
Shareholders' Equity:    
Preferred stock - no par value; Authorized 2,000 shares of which 30 shares of Series A, $1,000 per share liquidation preference, 5% cumulative increasing to 9% cumulative on February 15, 2014, were issued and outstanding on June 30, 3012 and December 31, 2011 (discount of $108 and $140, respectively) 29,892 29,860
Common Stock - par value $.01 per share; Authorized 25,000 shares; issued and outstanding 6,199 shares at June 30, 2012 and 6,183 shares at December 31, 2011 62 62
Surplus 21,531 21,500
Retained earnings 64,334 66,196
Accumulated other comprehensive loss (20,716) (20,962)
Total Shareholders' Equity 95,103 96,656
Total Liabilities and Shareholders' Equity $ 1,348,439 $ 1,390,865