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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 22,561 $ 9,547
Interest-bearing deposits in other banks 6,332 8,967
Securities available for sale, at fair value 333,366 228,295
Securities held to maturity (fair value of $0 in 2011 and $3,440 in 2010) 0 3,334
Total securities 333,366 231,629
Restricted stock, at cost 6,019 4,062
Loans held for sale 6,330 3,135
Loans, net of unearned income 824,758 520,781
Less allowance for loan losses (10,529) (8,420)
Net loans 814,229 512,361
Premises and equipment, net 25,674 19,509
Other real estate owned, net of valuation allowance of $1,902 in 2011 and $1,622 in 2010 5,353 3,716
Goodwill 38,899 22,468
Core deposit intangibles, net 6,595 1,320
Bank owned life insurance 13,058 4,104
Accrued interest receivable and other assets 26,290 12,846
Total assets 1,304,706 833,664
Liabilities:    
Demand deposits -- noninterest bearing 179,148 105,240
Demand deposits -- interest bearing 189,212 90,012
Money market deposits 182,347 59,891
Savings deposits 74,193 62,522
Time deposits 433,854 322,433
Total deposits 1,058,754 640,098
Short-term borrowings:    
Customer repurchase agreements 45,575 47,084
Other short-term borrowings 3,000 6,110
Long-term borrowings 10,206 8,488
Trust preferred capital notes 27,212 20,619
Accrued interest payable and other liabilities 7,130 3,178
Total liabilities 1,151,877 725,577
Shareholders' equity:    
Preferred stock, $5 par, 2,000,000 shares authorized, none outstanding 0 0
Common stock, $1 par, 20,000,000 shares authorized, 7,806,869 shares outstanding at December 31, 2011 and 6,127,735 shares outstanding at December 31, 2010 7,807 6,128
Capital in excess of par value 56,395 27,268
Retained earnings 81,797 74,850
Accumulated other comprehensive income (loss), net 6,830 (159)
Total shareholders' equity 152,829 108,087
Total liabilities and shareholders' equity $ 1,304,706 $ 833,664