Consolidated Statement of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 64,560 $ 50,188
Interest bearing deposits in banks 1,524 1,953
Cash and cash equivalents 66,084 52,141
Investment securities - available-for-sale (at fair value) 148,037 170,232
Investment securities - held to maturity (fair value $103,286 at September 30, 2016 and $106,742 at December 31, 2015) 98,387 105,560
Restricted investment in bank stock, at cost 5,881 5,904
Loans 902,489 879,023
Allowance for loan losses (12,044) (11,922)
Net loans 890,445 867,101
Premises and equipment, net 27,363 25,198
Goodwill and other intangible assets, net 11,004 11,004
Bank owned life insurance 40,672 40,150
Deferred tax assets 19,278 19,790
Other real estate owned 10,259 6,883
Accrued interest receivable and other assets 20,779 19,495
Total Assets 1,338,189 1,323,458
Liabilities:    
Non-interest bearing deposits 221,650 204,569
Interest bearing deposits 797,535 794,225
Total deposits 1,019,185 998,794
Short-term borrowings 35,785 35,828
Long-term borrowings 146,747 147,537
Accrued interest payable and other liabilities 21,704 20,528
Total Liabilities 1,223,421 1,202,687
Shareholders' Equity:    
Preferred stock - no par value; Authorized 2,000 shares of which 30 shares of Series A, $1,000 per share liquidation preference, 9% cumulative, issued and outstanding 20 shares at September 30, 2016 and 30 shares at December 31, 2015 20,000 30,000
Common Stock - par value $.01 per share; Authorized 25,000 shares; issued and outstanding 6,269 shares at September 30, 2016 and 6,255 at December 31, 2015 63 63
Surplus 22,130 21,986
Retained earnings 89,836 85,551
Accumulated other comprehensive loss (17,261) (16,829)
Total Shareholders' Equity 114,768 120,771
Total Liabilities and Shareholders' Equity $ 1,338,189 $ 1,323,458