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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 9,891 $ 8,720
Securities available for sale, at fair value 404,844 381,880
Federal Home Loan Bank stock 17,429 16,068
Loans 776,931 729,003
Allowance for loan losses (8,354) (8,221)
Loans, net of allowance for loan losses 768,577 720,782
Premises and equipment, net 18,107 16,090
Goodwill 3,158 3,158
Bank owned life insurance 7,513 7,377
Other assets 12,722 13,391
TOTAL ASSETS 1,242,241 1,167,466
Liabilities    
Demand and other non-interest bearing deposits 62,090 62,648
NOW accounts 98,713 99,120
Savings and money market deposits 201,538 206,704
Time deposits 374,755 354,418
Total deposits 737,096 722,890
Short-term borrowings 218,690 175,813
Long-term advances from Federal Home Loan Bank 150,990 139,470
Junior subordinated debentures 5,000 5,000
Other liabilities 5,911 6,043
TOTAL LIABILITIES 1,117,687 1,049,216
Shareholders' equity    
Capital stock, par value $2.00; authorized 10,000,000 shares; issued 4,525,635 shares at June 30, 2012 and December 31, 2011 9,051 9,051
Surplus 26,594 26,512
Retained earnings 90,120 86,198
Accumulated other comprehensive income:    
Prior service cost and unamortized net actuarial losses on employee benefit plans, net of tax of ($8) and ($9), at June 30, 2012 and December 31, 2011, respectively (16) (17)
Net unrealized appreciation on securities available for sale, net of tax of $4,375 and $3,845, at June 30, 2012 and December 31, 2011, respectively 8,492 7,464
Portion of OTTI attributable to non-credit losses, net of tax of $62 and ($218), at June 30, 2012, and December 31, 2011, respectively 119 (423)
Total accumulated other comprehensive income 8,595 7,024
Less: cost of 619,561 and 646,742 shares of treasury stock at June 30, 2012 and December 31, 2011, respectively (9,806) (10,535)
TOTAL SHAREHOLDERS' EQUITY 124,554 118,250
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,242,241 $ 1,167,466