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Consolidated Statements of Condition (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 111,101 $ 37,497
Securities available-for-sale 414,507 378,080
Securities held-to-maturity (fair value of $74,922 and $0) 72,233  
Loans 756,010 708,444
Less: Allowance for loan losses 9,602 8,867
Net loans 746,408 699,577
Restricted investment in bank stocks, at cost 9,233 9,596
Premises and equipment, net 12,327 12,937
Accrued interest receivable 6,219 4,134
Bank owned life insurance 28,943 27,905
Goodwill and other intangible assets 16,902 16,959
Prepaid FDIC assesment 1,884 3,582
Other real estate owned 591  
Other assets 12,390 17,118
Total assets 1,432,738 1,207,385
LIABILITIES AND STOCKHOLDERS' EQUITY    
Deposits: Non-interest-bearing 167,164 144,210
Deposits: Interest-bearing: Time deposits $100 and over 137,998 119,651
Deposits: Interest-bearing: Interest-bearing transaction, savings and time deposits less than $100 816,253 596,471
Total deposits 1,121,415 860,332
Short-term borrowings   41,855
Long-term borrowings 161,000 171,000
Subordinated debentures 5,155 5,155
Accounts payable and accrued liabilities 9,252 8,086
Total liabilities 1,296,822 1,086,428
Stockholders' Equity    
Preferred Stock, $1,000 liquidation value per share: Authorized 5,000,000 shares; issued and outstanding 11,250 shares of Series B preferred stock at December 31, 2011 and 10,000 shares of Series A preferred stock at December 31, 2010 11,250 9,700
Common stock, no par value: Authorized 25,000,000 shares; issued 18,477,412 shares at December 31, 2011 and 2010; outstanding 16,332,327 shares at December 31, 2011 and 16,289,832 at December 31, 2010 110,056 110,056
Additional paid-in capital 4,715 4,941
Retained earnings 32,695 21,633
Treasury stock, at cost (2,145,085 shares at December 31, 2011 and 2,187,580 at December 31, 2010) (17,354) (17,698)
Accumulated other comprehensive loss (5,446) (7,675)
Total stockholders' equity 135,916 120,957
Total liabilities and stockholders' equity $ 1,432,738 $ 1,207,385