Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 7,345	$ 9,720
Securities available for sale, at fair value	532,919	504,969
Federal Home Loan Bank stock	23,051	21,479
Loans	1,006,562	990,070
Allowance for loan losses	(9,814)	(9,439)
Loans, net of allowance for loan losses	996,748	980,631
Premises and equipment, net	22,136	20,674
Goodwill	4,935	4,935
Bank owned life insurance	23,972	23,747
Other assets	11,387	13,900
TOTAL ASSETS	1,622,493	1,580,055
Liabilities
Demand and other non-interest bearing deposits	77,497	86,577
NOW accounts	158,086	160,394
Savings and money market deposits	326,268	299,087
Time deposits	400,724	396,729
Total deposits	962,575	942,787
Short-term borrowings	343,375	333,909
Long-term advances from Federal Home Loan Bank	143,878	135,882
Junior subordinated debentures	5,000	5,000
Other liabilities	7,071	8,325
TOTAL LIABILITIES	1,461,899	1,425,903
Shareholders' equity
Capital stock, par value $2.00; authorized 20,000,000 and 10,000,000 shares; issued 6,788,407 shares at March 31, 2016 and December 31, 2015, respectively	13,577	13,577
Surplus	21,873	21,624
Retained earnings	125,037	122,260
Accumulated other comprehensive income:
Prior service cost and unamortized net actuarial losses on employee benefit plans, net of tax of ($225) and ($249), at March 31, 2016 and December 31, 2015, respectively	(417)	(463)
Net unrealized appreciation on securities available for sale, net of tax of $$4,936 and $2,828, at March 31, 2016 and December 31, 2015, respectively	9,166	5,251
Portion of OTTI attributable to non-credit gains, net of tax of $216 and $249, at March 31, 2016 and December 31, 2015, respectively	401	462
Net unrealized depreciation on derivative instruments, net of tax of $1,123 and $873, at March 31, 2016 and December 31, 2015, respectively	(2,085)	(1,621)
Total accumulated other comprehensive income	7,065	3,629
Less: cost of 777,399 and 778,196 shares of treasury stock at March 31, 2016 and December 31, 2015, respectively	(6,958)	(6,938)
TOTAL SHAREHOLDERS' EQUITY	160,594	154,152
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,622,493	$ 1,580,055