Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Assets    
Cash and due from banks $ 78,559 $ 52,049
Interest bearing deposits in banks 9,929 13,058
Cash and cash equivalents 88,488 65,107
Investment securities - available-for-sale (at fair value) 235,331 245,023
Investment securities - held to maturity (at cost) 4,040 0
Restricted investment in bank stock, at cost 9,055 10,726
Loans 889,990 938,694
Allowance for loan losses (16,349) (19,480)
Net loans 873,641 919,214
Premises and equipment, net 29,672 30,826
Goodwill and other intangible assets, net 11,004 14,432
Bank owned life insurance 31,149 31,435
Deferred tax assets 29,338 28,711
Other real estate owned 20,631 16,676
Accrued interest receivable and other assets 27,048 28,715
Total Assets 1,359,397 1,390,865
Liabilities:    
Non-interest bearing deposits 169,371 149,888
Interest bearing deposits 834,022 877,896
Total deposits 1,003,393 1,027,784
Short-term borrowings 52,367 36,868
Long-term borrowings 182,750 207,044
Accrued interest payable and other liabilities 22,408 22,513
Total Liabilities 1,260,918 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 September 30, 3012 and December 31, 2011 (discount of $91 and $140, respectively) 29,909 29,860
Common Stock - par value $.01 per share; Authorized 25,000 shares; issued and outstanding 6,199 shares at September 30, 2012 and 6,183 shares at December 31, 2011 62 62
Surplus 21,552 21,500
Retained earnings 66,794 66,196
Accumulated other comprehensive loss (19,838) (20,962)
Total Shareholders' Equity 98,479 96,656
Total Liabilities and Shareholders' Equity $ 1,359,397 $ 1,390,865