CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands |
Dec. 31, 2016 |
Dec. 31, 2015 |
| ASSETS: |
|
|
| Noninterest-bearing balances |
$ 26,766
|
$ 22,044
|
| Interest-bearing deposits in other financial institutions |
16,905
|
752
|
| Total cash and cash equivalents |
43,671
|
22,796
|
| Investment securities available for sale, at fair value |
133,492
|
176,157
|
| Investment securities, trading |
58
|
73
|
| Loans held for sale |
1,953
|
757
|
| Loans |
1,093,681
|
1,045,207
|
| Allowance for loan losses |
(12,896)
|
(12,044)
|
| Loans, net |
1,080,785
|
1,033,163
|
| Premises and equipment, net |
24,275
|
21,830
|
| Accrued interest receivable |
3,672
|
3,686
|
| Bank-owned life insurance |
27,332
|
26,667
|
| Investment in limited partnerships |
586
|
899
|
| Goodwill |
17,104
|
17,104
|
| Intangibles |
1,799
|
1,240
|
| Deferred tax asset |
8,397
|
8,990
|
| Other assets |
5,466
|
6,695
|
| TOTAL ASSETS |
1,348,590
|
1,320,057
|
| LIABILITIES: |
|
|
| Interest-bearing deposits |
791,937
|
751,797
|
| Noninterest-bearing deposits |
303,277
|
280,083
|
| Total deposits |
1,095,214
|
1,031,880
|
| Short-term borrowings |
13,241
|
46,638
|
| Long-term borrowings |
85,998
|
91,025
|
| Accrued interest payable |
455
|
426
|
| Other liabilities |
15,433
|
13,809
|
| TOTAL LIABILITIES |
1,210,341
|
1,183,778
|
| SHAREHOLDERS’ EQUITY: |
|
|
| Preferred stock, no par value, 3,000,000 shares authorized; no shares issued |
0
|
0
|
| Common stock, par value $8.33, 15,000,000 shares authorized; 5,007,109 and 5,004,984 shares issued |
41,726
|
41,708
|
| Additional paid-in capital |
50,075
|
49,992
|
| Retained earnings |
61,610
|
58,038
|
| Accumulated other comprehensive loss: |
|
|
| Net unrealized (loss) gain on available for sale securities |
(639)
|
258
|
| Defined benefit plan |
(4,289)
|
(4,057)
|
| Treasury stock at cost, 272,452 and 257,852 shares |
(10,234)
|
(9,660)
|
| TOTAL SHAREHOLDERS’ EQUITY |
138,249
|
136,279
|
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY |
$ 1,348,590
|
$ 1,320,057
|