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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 25,921 $ 21,598
Interest earning deposits with banks 53,625 1,320
Total cash and cash equivalents 79,546 22,918
Securities available for sale, at fair value 441,439 323,539
Securities held to maturity (fair value of $170,952 and $148,144, respectively) 169,153 147,965
Total securities 610,592 471,504
Securities, restricted 1,660 1,284
Loans held for sale 2,300  
Loans held for investments 612,143 504,060
Allowance for loan losses (10,837) (8,497)
Loans, net 601,306 495,563
Premises and equipment, net 24,171 23,683
Accrued interest receivable 4,940 4,153
Goodwill 2,034  
Core deposit intangible 316  
Other assets 10,593 9,351
Total Assets 1,337,458 1,028,456
LIABILITIES AND STOCKHOLDERS' EQUITY    
Demand deposits 321,496 239,314
Savings, NOW and money market deposits 683,863 544,470
Certificates of deposit of $100,000 or more 140,578 90,574
Other time deposits 42,248 42,635
Total deposits 1,188,185 916,993
Federal funds purchased and Federal Home Loan Bank overnight borrowings   5,000
Repurchase agreements 16,897 16,370
Junior subordinated debentures 16,002 16,002
Accrued interest payable 319 433
Other liabilities and accrued expenses 9,068 7,938
Total Liabilities 1,230,471 962,736
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; 8,374,917 and 6,456,742 shares issued, respectively; 8,345,399 and 6,364,656 shares outstanding, respectively 84 64
Surplus 54,034 20,946
Retained earnings 52,228 46,463
Less: Treasury Stock at cost, 29,518 and 92,086 shares, respectively (1,787) (3,520)
Total stockholders' equity before accumulated other comprehensive income (loss) 104,559 63,953
Accumulated other comprehensive income (loss):    
Net unrealized gain on securities, net of deferred income taxes of ($3,774) and ($2,336), respectively 5,734 3,549
Pension liability, net of deferred income taxes of $2,205 and $1,202, respectively (3,306) (1,782)
Total Stockholders' Equity 106,987 65,720
Total Liabilities and Stockholders' Equity $ 1,337,458 $ 1,028,456