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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 28,170 $ 30,772
Federal funds sold 16,969 6,533
TOTAL CASH AND CASH EQUIVALENTS 45,139 37,305
Securities available for sale 358,335 314,347
Loans 568,704 590,367
Less allowance for loan losses 10,876 9,307
NET LOANS 557,828 581,060
Premises and equipment, net 14,599 13,944
Bank owned life insurance 14,699 11,529
Goodwill 3,709 3,709
Other intangibles 2,956 3,211
Other assets 16,956 17,646
TOTAL ASSETS 1,014,221 982,751
Deposits:    
Noninterest-bearing 81,550 77,728
Interest-bearing 688,513 683,322
TOTAL DEPOSITS 770,063 761,050
Short-term borrowings 108,720 105,634
Long-term borrowings 23,572 24,733
Other liabilities 3,290 3,286
TOTAL LIABILITIES 905,645 894,703
Commitments and contingent liabilities    
Stockholders' Equity:    
Common Stock - Authorized 25,000,000 shares; issued 18,700,466 in 2011 and 15,699,184 in 2010 104,012 96,142
Retained (deficit) earnings (2,155) 14,502
Accumulated other comprehensive income 6,719 2,907
Treasury stock, at cost; 13 shares in 2011 and 2,053,149 in 2010 0 (25,503)
TOTAL STOCKHOLDERS' EQUITY 108,576 88,048
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,014,221 $ 982,751