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CONSOLIDATED STATEMENTS OF CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Jun. 30, 2018
ASSETS      
Cash and due from banks $ 18,216 $ 20,105 $ 18,403
Interest bearing deposits with banks 58,390 20,800 44,650
Total Cash and Cash Equivalents 76,606 40,905 63,053
Equity securities with readily determinable fair values 2,001 1,839 1,767
Debt securities available for sale 175,712 161,730 152,424
Securities held to maturity, fair value $24,772; $39,145; $26,911 24,722 27,266 39,894
Loans held for sale 3,009 408 1,265
Loans, net of allowance for loan losses $14,057; $13,143; $13,964 1,265,207 1,288,501 1,233,655
Premises and equipment 25,627 26,409 26,379
Right of use asset 3,711 0 0
Restricted investment in bank stocks 4,202 4,336 4,849
Investment in bank-owned life insurance 50,076 48,003 45,973
Investments in low-income housing partnerships 1,689 1,871 2,213
Goodwill 19,580 19,580 19,580
Intangible assets 4,735 4,407 2,801
Foreclosed assets held for resale 0 155 287
Other assets 22,428 22,314 29,202
Total Assets 1,679,305 1,647,724 1,623,342
Deposits:      
Non-interest bearing 305,353 302,394 288,215
Interest bearing 1,071,924 1,045,698 1,045,760
Total Deposits 1,377,277 1,348,092 1,333,975
Short-term borrowings 24,137 34,648 26,418
Long-term borrowings 78,288 83,516 89,816
Lease liability 3,711 0 0
Other liabilities 15,008 13,331 12,826
Total Liabilities 1,498,421 1,479,587 1,463,035
STOCKHOLDERS’ EQUITY      
Preferred stock, $2.50 par value; 20,000,000 shares authorized; no shares outstanding 0 0 0
Common stock, $2.50 par value; 20,000,000 shares authorized; 7,132,459, 7,101,368 and 7,108,620 shares issued; 7,069,859, 7,038,768 and 7,046,020 shares outstanding 17,831 17,772 17,753
Treasury stock, at cost (62,600 shares) (728) (728) (728)
Additional paid-in capital 39,264 38,448 38,193
Retained earnings 130,809 121,862 113,772
Accumulated other comprehensive loss (6,292) (9,217) (8,683)
Total Stockholders’ Equity 180,884 168,137 160,307
Total Liabilities and Stockholders’ Equity $ 1,679,305 $ 1,647,724 $ 1,623,342