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Consolidated Statements of Condition (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 109,467 $ 37,497
Investment securities:    
Available for sale 377,214 378,080
Held to maturity (fair value of $42,122 in 2011 and $0 in 2010) 41,804  
Loans 698,148 708,444
Less: Allowance for loan losses 9,836 8,867
Net loans 688,312 699,577
Restricted investment in bank stocks, at cost 9,194 9,596
Premises and equipment, net 12,578 12,937
Accrued interest receivable 5,229 4,134
Bank-owned life insurance 28,426 27,905
Goodwill and other intangible assets 16,927 16,959
Prepaid FDIC assesments 2,521 3,582
Other assets 15,766 17,118
Total assets 1,307,438 1,207,385
LIABILITIES    
Deposits: Non interest-bearing 158,689 144,210
Interest bearing deposits: Time deposits $100 and over 168,925 119,651
Interest bearing deposits: Interest-bearing transaction, savings and time deposits $100 and less 638,062 596,471
Total deposits 965,676 860,332
Short-term borrowings 32,374 41,855
Long-term borrowings 161,000 171,000
Subordinated debentures 5,155 5,155
Accounts payable and accrued liabilities 13,129 8,086
Total liabilities 1,177,334 1,086,428
STOCKHOLDERS' EQUITY    
Preferred stock, $1000 liquidation value per share, authorized 5,000,000 shares; issued 10,000 shares 9,741 9,700
Common stock, no par value, authorized 25,000,000 shares; issued 18,477,412 shares; outstanding 16,290,700 shares at June 30, 2011 and 16,289,832 shares at December 31, 2010 110,056 110,056
Additional paid-in capital 4,960 4,941
Retained earnings 26,963 21,633
Treasury stock, at cost (2,186,712 common shares at June 30, 2011 and 2,187,580 common shares at December 31, 2010) (17,691) (17,698)
Accumulated other comprehensive loss (3,925) (7,675)
Total stockholders' equity 130,104 120,957
Total liabilities and stockholders' equity $ 1,307,438 $ 1,207,385