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Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash and due from banks$ 16,483$ 21,598
Interest earning deposits with banks76,0521,320
Total cash and cash equivalents92,53522,918
Securities available for sale, at fair value388,471323,539
Securities held to maturity (fair value of $171,946 and $148,144, respectively)170,062147,965
Total securities558,533471,504
Securities, restricted1,4851,284
Loans598,741504,060
Allowance for loan losses(10,162)(8,497)
Loans, net588,579495,563
Premises and equipment, net24,23823,683
Accrued interest receivable4,3744,153
Goodwill1,951 
Core deposit intangible334 
Other assets11,0499,351
Total Assets1,283,0781,028,456
LIABILITIES AND STOCKHOLDERS' EQUITY  
Demand deposits321,762239,314
Savings, NOW and money market deposits632,285544,470
Certificates of deposit of $100,000 or more156,87490,574
Other time deposits44,61442,635
Total deposits1,155,535916,993
Federal funds purchased and Federal Home Loan Bank overnight borrowings 5,000
Repurchase agreements16,59516,370
Junior subordinated debentures16,00216,002
Accrued interest payable414433
Other liabilities and accrued expenses12,1777,938
Total Liabilities1,200,723962,736
Commitments and Contingencies  
Stockholders' equity:  
Preferred stock, par value $.01 per share (2,000,000 shares authorized; none issued)  
Common stock, par value $.01 per share: Authorized: 20,000,000 shares; 6,872,369 and 6,456,742 shares issued, respectively; 6,791,277 and 6,364,656 shares outstanding, respectively6964
Surplus30,08320,946
Retained earnings50,84346,463
Less: Treasury Stock at cost, 81,092 and 92,086 shares, respectively(3,127)(3,520)
Total stockholders' equity before accumulated other comprehensive income (loss)77,86863,953
Accumulated other comprehensive income (loss):  
Net unrealized gain on securities, net of deferred income taxes of ($4,085) and ($2,336), respectively6,2073,549
Pension liability, net of deferred income taxes of $1,161 and $1,202, respectively(1,720)(1,782)
Total Stockholders' Equity82,35565,720
Total Liabilities and Stockholders' Equity$ 1,283,078$ 1,028,456