XML 70 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CONDITION (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Cash and cash equivalents    
Cash and non-interest bearing deposits due from banks $ 57,423 $ 80,436
Interest-bearing deposits due from banks 161,973 304,220
Federal funds sold 1,000 1,150
Total cash and cash equivalents 220,396 385,806
Interest-bearing time deposits in other banks 10,000 0
Federal Reserve Bank, Federal Home Loan Bank and other stock 2,916 3,043
Investment securities:    
Available for sale, at fair value 429,843 402,353
Held to maturity (fair value of $8,024 and $8,861, respectively) 7,364 8,035
Total investment securities 437,207 410,388
Loans 895,451 780,780
Allowance for loan losses 17,293 17,781
Net loans 878,158 762,999
Loans held-for-sale 1,262 907
Premises and equipment, net 27,048 27,656
Bank owned life insurance 38,042 0
Deferred taxes 16,129 11,385
Income tax receivable 5,366 5,406
Other real estate owned ("OREO") 0 1,572
Accrued interest and loan fees receivable 5,022 4,883
Goodwill and other intangibles 2,950 2,670
Other assets 3,801 5,749
TOTAL ASSETS 1,648,297 1,622,464
LIABILITIES & STOCKHOLDERS' EQUITY    
Demand deposits 597,735 615,120
Saving, N.O.W. & money market deposits 621,918 572,263
Time certificates of $100,000 or more 172,988 165,731
Other time deposits 72,813 78,000
Total deposits 1,465,454 1,431,114
Unfunded pension liability 7,749 7,781
Capital leases 4,655 4,688
Other liabilities 11,407 14,896
TOTAL LIABILITIES 1,489,265 1,458,479
COMMITMENTS AND CONTINGENT LIABILITIES      
STOCKHOLDERS' EQUITY    
Common stock (par value $2.50; 15,000,000 shares authorized; 13,738,752 shares and 13,732,085 shares issued at June 30, 2013 and December 31, 2012, respectively;11,573,014 shares and 11,566,347 shares outstanding at June 30, 2013 and December 31, 2012, respectively) 34,347 34,330
Surplus 42,899 42,628
Retained earnings 95,033 89,555
Treasury stock at par (2,165,738 shares) (5,414) (5,414)
Accumulated other comprehensive (loss) income, net of tax (7,833) 2,886
TOTAL STOCKHOLDERS' EQUITY 159,032 163,985
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ 1,648,297 $ 1,622,464