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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and due from banks (Note 3) $ 35,798 $ 24,139
Federal funds sold and interest bearing deposits in banks 19,156 6,520
Cash and cash equivalents 54,954 30,659
Securities available for sale, at fair value (Note 5) 223,173 203,763
Restricted stock 5,741 5,741
Loans held for sale 6,250 7,634
Loans:    
Portfolio loans (Note 6) 889,931 882,548
Allowance for loan losses (Note 6) (17,806) (17,637)
Net loans 872,125 864,911
Bank premises and equipment, net 8,588 8,721
Other real estate owned 1,215 1,366
Bank owned life insurance 18,778 18,611
Goodwill, net (Note 4) 21,582 21,582
Intangible assets, net (Note 4) 561 594
Accrued interest receivable 4,018 3,726
Other assets 14,198 10,946
Total Assets 1,231,183 1,178,254
Deposits: (Note 7)    
Demand and other noninterest-bearing 136,313 139,894
Savings, money market and interest-bearing demand 397,080 377,287
Time deposits 515,783 482,411
Total deposits 1,049,176 999,592
Short-term borrowings (Note 8) 1,889 1,115
Federal Home Loan Bank advances (Note 9) 46,557 46,508
Junior subordinated debentures (Note 10) 16,238 16,238
Accrued interest payable 828 882
Accrued expenses and other liabilities 6,290 3,775
Total Liabilities 1,120,978 1,068,110
Shareholders’ Equity    
Discount on Series B preferred stock (29) (65)
Common stock, par value $1 per share, authorized 15,000,000 shares, issued 9,631,896 shares at March 31, 2013 and 8,272,548 at December 31, 2012 9,632 8,273
Additional paid-in capital 47,587 39,141
Retained earnings 49,551 48,767
Accumulated other comprehensive income 409 1,240
Treasury shares at cost, 328,194 shares at March 31, 2013 and at December 31, 2012 (6,092) (6,092)
Total Shareholders’ Equity 110,205 110,144
Total Liabilities and Shareholders’ Equity 1,231,183 1,178,254
Preferred stock, Series A Voting, no par value, authorized 150,000 shares, none issued at March 31, 2013 and December 31, 2012.
   
Shareholders’ Equity    
Preferred stock 0 0
Fixed rate cumulative preferred stock, Series B, no par value, $1,000 liquidation value, 9,147 shares authorized and issued at March 31, 2013 and 18,880 shares authorized and issued at December 31, 2012
   
Shareholders’ Equity    
Preferred stock $ 9,147 $ 18,880