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CONSOLIDATED STATEMENTS OF CONDITION (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and due from banks $ 6,373 $ 6,534
Federal funds sold 101 101
Interest-earning deposits 95,059 28,512
Total cash and cash equivalents 101,533 35,147
Securities available for sale 248,070 268,447
FHLB and FRB Stock, at cost 12,765 10,032
Loans held for sale, at fair value 1,769 2,001
Loans held for sale, at lower of cost or fair value 51,184   
Loans 1,763,400 1,574,201
Less: Allowance for loan losses 16,587 15,373
Net Loans 1,746,813 1,558,828
Premises and equipment 31,087 28,990
Other real estate owned 2,062 1,941
Accrued interest receivable 4,788 4,086
Bank owned life insurance 32,065 31,882
Deferred tax assets, net 9,366 9,762
Other assets 9,983 15,832
TOTAL ASSETS 2,251,485 1,966,948
Deposits:    
Noninterest-bearing demand deposits 350,987 356,119
Interest-bearing deposits:    
Interest-bearing deposits checking 407,127 378,340
Savings 119,750 115,785
Money market accounts 660,691 630,173
Certificates of deposit $100,000 and over 58,090 61,128
Certificates of deposit less than $100,000 93,640 90,705
Certificates of deposit - Brokered 65,000 5,000
Subtotal deposits 1,755,285 1,637,250
Interest-bearing demand - Brokered 138,011 10,000
Total deposits 1,893,296 1,647,250
Overnight borrowings with Federal Home Loan Bank 79,400 54,900
Federal Home Loan Bank advances 83,692 74,692
Capital lease obligation 9,917 8,754
Accrued expenses and other liabilities 9,308 10,695
TOTAL LIABILITIES 2,075,613 1,796,291
SHAREHOLDERS' EQUITY    
Common stock (no par value; stated value, $0.83 per share; authorized 21,000,000 shares; issued shares, 12,441,091 at March 31, 2014 and 12,196,695 at December 31, 2013; outstanding shares, 12,032,913 at March 31, 2014 10,351 10,148
Surplus 142,687 140,699
Treasury stock at cost, 408,178 shares at March 31, 2014 and December 31, 2013 (8,988) (8,988)
Retained earnings 31,216 28,775
Accumulated other comprehensive income, net of income tax 606 23
TOTAL SHAREHOLDERS' EQUITY 175,872 170,657
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 2,251,485 $ 1,966,948