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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks, including required reserves of $9,159 and $10,019, respectively $ 38,909 $ 45,142
Interest-bearing deposits in banks 41,902 39,031
Federal funds sold 1,825 2,699
Securities available-for-sale, at fair value (cost of $298,453 at June 30, 2015 and $272,588 at December 31, 2014) 300,335 276,984
Securities held-to-maturity (fair value of $126,849 at June 30, 2015 and $141,593 at December 31, 2014) 126,529 141,201
Other investments 10,598 9,990
Loans 1,294,392 1,284,431
Allowance for loan losses (16,048) (11,226)
Loans, net 1,278,344 1,273,205
Bank premises and equipment, net 69,263 69,958
Accrued interest receivable 6,791 6,635
Goodwill 42,171 42,171
Intangibles 6,281 6,834
Cash surrender value of life insurance 13,473 13,659
Other real estate 4,542 4,234
Other assets 7,821 4,997
Total assets 1,948,784 1,936,740
Deposits:    
Non-interest-bearing 408,742 390,863
Interest-bearing 1,149,508 1,194,371
Total deposits 1,558,250 1,585,234
Securities sold under agreements to repurchase 84,547 62,098
Short-term Federal Home Loan Bank advances 40,000 25,000
Long-term Federal Home Loan Bank advances 26,064 26,277
Junior subordinated debentures 22,167 22,167
Other liabilities 5,720 6,952
Total liabilities $ 1,736,748 $ 1,727,728
Commitments and contingencies    
Shareholders’ equity:    
Common stock, $0.10 par value; 30,000,000 shares authorized, 11,510,363 and 11,491,703 issued and 11,359,396 and 11,340,736 outstanding at June 30, 2015 and December 31, 2014, respectively $ 1,151 $ 1,149
Additional paid-in capital 113,629 112,744
Unearned ESOP shares (484) (250)
Accumulated other comprehensive income 1,224 2,857
Treasury stock – 150,967 shares at June 30, 2015 and December 31, 2014, at cost (3,295) (3,295)
Retained earnings 58,641 54,439
Total shareholders’ equity 212,036 209,012
Total liabilities and shareholders’ equity 1,948,784 1,936,740
Series B Preferred Stock    
Shareholders’ equity:    
Preferred stock 32,000 32,000
Series C Preferred stock    
Shareholders’ equity:    
Preferred stock $ 9,170 $ 9,368