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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Cash and due from banks:    
Non-interest bearing $ 36,032 $ 21,008
Interest bearing 91,317 130,485
Federal funds sold 80,999 80,000
Cash and cash equivalents 208,348 231,493
Certificates of deposit investments 12,149 10,000
Investment securities:    
Available-for-sale securities, at fair value 418,471 342,816
Held-to-maturity securities, at amortized cost (estimated fair value of $51 at June 30, 2011 and $53 at December 31, 2010) 50 50
Loans held for sale 1,254 114
Loans 799,238 804,467
Less allowance for loan losses (10,695) (10,393)
Net loans 788,543 794,074
Interest receivable 5,827 6,390
Other real estate owned 4,649 6,127
Premises and equipment, net 28,218 28,544
Goodwill, net 25,753 25,753
Intangible assets, net 4,496 5,068
Other assets 16,253 17,816
Total assets 1,514,011 1,468,245
Deposits:    
Non-interest bearing deposits 196,423 183,932
Interest bearing deposits 1,020,639 1,028,778
Total deposits 1,217,062 1,212,710
Securities sold under agreements to repurchase 111,313 94,057
Interest payable 569 701
FHLB borrowings 19,750 22,750
Junior subordinated debentures 20,620 20,620
Other liabilities 6,994 5,142
Total liabilities 1,376,308 1,355,980
Stockholders' Equity    
Convertible preferred stock, no par value; authorized 1,000,000 shares; issued 8,777 shares in 2011 and 4,927 shares in 2010 43,885 24,635
Common stock, $4 par value; authorized 18,000,000 shares; issued 7,528,199 shares in 2011 and 7,477,132 shares in 2010 30,113 29,909
Additional paid-in capital 28,970 28,223
Retained earnings 68,909 66,356
Deferred compensation 2,979 2,929
Accumulated other comprehensive gain (loss) 1,998 (2,066)
Less treasury stock at cost, 1,492,256 shares in 2011 and 1,418,456 shares in 2010 39,151 37,721
Total stockholders' equity 137,703 112,265
Total liabilities and stockholders' equity $ 1,514,011 $ 1,468,245