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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
[1]
Assets    
Cash and due from banks $ 23,765 $ 20,268
Interest-bearing deposits in other banks 62,164 32,939
Securities available for sale, at fair value 280,503 346,502
Restricted stock, at cost 5,501 6,224
Loans held for sale 2,379 5,996
Loans, net of unearned income 1,288,693 1,164,821
Less allowance for loan losses (13,632) (12,801)
Net loans 1,275,061 1,152,020
Premises and equipment, net 26,265 25,439
Other real estate owned, net of valuation allowance of $248 in 2017 and $134 in 2016 1,686 1,328
Goodwill 43,872 43,872
Core deposit intangibles, net 1,351 1,719
Bank owned life insurance 18,381 18,163
Accrued interest receivable and other assets 23,545 24,168
Total assets 1,764,473 1,678,638
Liabilities    
Demand deposits -- noninterest bearing 390,603 378,600
Demand deposits -- interest bearing 218,714 209,430
Money market deposits 339,106 283,035
Savings deposits 125,237 120,720
Time deposits 389,181 378,855
Total deposits 1,462,841 1,370,640
Short-term borrowings:    
Customer repurchase agreements 48,282 39,166
Other short-term borrowings 0 20,000
Long-term borrowings 9,991 9,980
Junior subordinated debt 27,775 27,724
Accrued interest payable and other liabilities 8,531 9,748
Total liabilities 1,557,420 1,477,258
Shareholders' equity    
Preferred stock, $5 par, 2,000,000 shares authorized, none outstanding 0 0
Common stock, $1 par, 20,000,000 shares authorized, 8,642,913 shares outstanding at June 30, 2017 and 8,618,051 shares outstanding at December 31, 2016 8,595 8,578
Capital in excess of par value 75,691 75,076
Retained earnings 123,795 119,600
Accumulated other comprehensive loss, net (1,028) (1,874)
Total shareholders' equity 207,053 201,380
Total liabilities and shareholders' equity $ 1,764,473 $ 1,678,638
[1] Derived from audited consolidated financial statements.