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Consolidated Balance Sheets (Unaudited) Statement (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Cash and cash equivalents:    
Cash and due from banks $ 29,771 $ 28,324
Interest-bearing deposits in other banks 7,878 46,320
Total cash and cash equivalents 37,649 74,644
Available-for-sale investment securities, at fair value (amortized cost of $638,667 at June 30, 2011 and $617,122 at December 31, 2010) 643,598 613,986
Held-to-maturity investment securities, at amortized cost (fair value of $2,955 at June 30, 2011 and $2,954 at December 31, 2010) 2,966 2,965
Other investment securities, at cost 24,356 24,356
Total investment securities 670,920 641,307
Loans, net of deferred fees and costs 940,119 960,718
Allowance for loan losses (25,166) (26,766)
Net loans 914,953 933,952
Loans held for sale 1,508 4,755
Bank premises and equipment, net 24,466 24,934
Bank owned life insurance 53,711 53,532
Goodwill 62,520 62,520
Other intangible assets 2,082 2,350
Other assets 34,894 39,991
Total assets 1,802,703 1,837,985
Deposits:    
Non-interest-bearing 222,075 215,069
Interest-bearing 1,136,751 1,146,531
Total deposits 1,358,826 1,361,600
Short-term borrowings 39,254 51,509
Long-term borrowings 151,703 157,703
Junior subordinated notes held by subsidiary trust 22,583 22,565
Accrued expenses and other liabilities 11,810 13,927
Total liabilities 1,584,176 1,607,304
Stockholders’ Equity    
Preferred stock, no par value, 50,000 shares authorized, 18,000 shares issued at June 30, 2011, and 39,000 issued at December 31, 2010 17,862 38,645
Common stock, no par value, 24,000,000 shares authorized, 11,086,968 shares issued at June 30, 2011 and 11,070,022 shares issued at December 31, 2010, including shares in treasury 166,555 166,298
Retained earnings 48,518 45,547
Accumulated comprehensive income, net of deferred income taxes 841 (4,453)
Treasury stock, at cost, 608,819 shares at June 30, 2010 and 612,695 shares at December 31, 2010 15,249 15,356
Total stockholders’ equity 218,527 230,681
Liabilities and Stockholders' Equity $ 1,802,703 $ 1,837,985