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Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks (Note 3) $ 26,463 $ 17,370
Federal funds sold and interest bearing deposits in banks 6,018 31,198
Cash and cash equivalents 32,481 48,568
Securities available for sale, at fair value (Note 5) 231,025 221,725
Restricted stock 5,741 5,741
Loans held for sale 1,308 5,105
Loans: (Note 6)    
Portfolio loans 830,312 812,579
Allowance for loan losses (Note 6) (17,351) (16,136)
Net loans 812,961 796,443
Bank premises and equipment, net 9,206 9,645
Other real estate owned 2,277 3,119
Bank owned life insurance 17,495 17,146
Goodwill, net (Note 4) 21,582 21,582
Intangible assets, net (Note 4) 801 868
Accrued interest receivable 3,628 3,519
Other assets 18,839 19,076
Total Assets 1,157,344 1,152,537
Deposits: (Note 7)    
Demand and other noninterest-bearing 130,210 115,476
Savings, money market and interest-bearing demand 337,569 318,434
Time deposits 514,258 544,616
Total deposits 982,037 978,526
Short-term borrowings (Note 8) 756 932
Federal Home Loan Bank advances (Note 9) 42,499 42,501
Junior subordinated debentures (Note 10) 16,238 16,238
Accrued interest payable 1,379 1,434
Accrued taxes, expenses and other liabilities 2,938 3,442
Total Liabilities 1,045,847 1,043,073
Shareholders' Equity    
Discount on Series B preferred stock (109) (116)
Warrant to purchase common stock 146 146
Common stock, par value $1 per share, authorized 15,000,000 shares, issued 8,212,943 shares at June 30, 2011 and 8,172,943 at December 31, 2010. 8,213 8,173
Additional paid-in capital 39,507 39,455
Retained earnings 41,714 40,668
Accumulated other comprehensive income 2,895 2,007
Treasury shares at cost, 328,194 shares at June 30, 2011 and at December 31, 2010 (6,092) (6,092)
Total Shareholders' Equity 111,497 109,464
Total Liabilities and Shareholders' Equity 1,157,344 1,152,537
Series A, Voting
   
Shareholders' Equity    
Preferred stock, value 0 0
Series B
   
Shareholders' Equity    
Preferred stock, value $ 25,223 $ 25,223