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Consolidated Statements of Condition (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and due from banks $ 82,692 $ 104,134
Interest bearing deposits with banks 0 2,004
Total cash and cash equivalents 82,692 106,138
Securities available-for-sale 323,070 496,815
Securities held-to-maturity (fair value of $210,958 and $62,431) 215,286 58,064
Loans held for sale 0 1,491
Loans 960,943 889,672
Less: Allowance for loan losses 10,333 10,237
Net loans 950,610 879,435
Restricted investment in bank stocks, at cost 8,986 8,964
Premises and equipment, net 13,681 13,563
Accrued interest receivable 6,802 6,849
Bank owned life insurance 35,734 34,961
Goodwill and other intangible assets 16,828 16,858
Prepaid FDIC assessment 0 811
Other real estate owned 220 1,300
Due from brokers for investment securities 8,759 0
Other assets 10,414 4,516
Total assets 1,673,082 1,629,765
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Deposits: Non-interest-bearing 227,370 215,071
Deposits: Interest-bearing: Time deposits $100 and over 99,444 110,835
Deposits: Interest-bearing: Interest-bearing transaction, savings and time deposits less than $100 1,015,191 981,016
Total deposits 1,342,005 1,306,922
Long-term borrowings 146,000 146,000
Subordinated debentures 5,155 5,155
Accounts payable and accrued liabilities 11,338 10,997
Total liabilities 1,504,498 1,469,074
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, 2013 and 2012 total liquidation value of $11,250,000 11,250 11,250
Common stock, no par value: Authorized 25,000,000 shares; issued 18,477,412 shares at December 31, 2013 and 2012; outstanding 16,369,012 shares at December 31, 2013 and 16,347,915 at December 31, 2012 110,056 110,056
Additional paid-in capital 4,986 4,801
Retained earnings 61,914 46,753
Treasury stock, at cost (2,108,400 shares at December 31, 2013 and 2,129,497 at December 31, 2012) (17,078) (17,232)
Accumulated other comprehensive income (loss) (2,544) 5,063
Total stockholders' equity 168,584 160,691
Total liabilities and stockholders' equity $ 1,673,082 $ 1,629,765