XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Cash and due from banks $ 15,561 $ 13,800
Interest-bearing deposits and money market funds 1,167 977
Federal funds sold 5,892 16,745
Cash and cash equivalents 22,620 31,522
Securities available for sale (at fair value) 73,428 61,650
Securities held to maturity (fair value of $71,574 and $71,672, respectively) 70,867 71,629
Other investments 3,924 2,236
Loans held for sale 239 150
Loans receivable, net 488,102 509,880
Accrued interest receivable 2,256 2,076
Foreclosed assets 1,677 1,750
Premises and equipment, net 9,565 9,669
Mortgage servicing rights, net 1,707 1,696
Federal Home Loan Bank stock (at cost) 2,556 2,556
Cash surrender value of bank-owned life insurance 12,925 12,826
Other assets 3,883 3,901
TOTAL ASSETS 693,749 711,541
Deposits:    
Non-interest-bearing 86,446 102,644
Interest-bearing 480,868 474,870
Total deposits 567,314 577,514
Federal Home Loan Bank advances 30,119 38,049
Other borrowings 20,419 20,441
Senior subordinated notes 4,000 4,000
Junior subordinated debentures 7,732 7,732
Accrued expenses and other liabilities 5,888 7,052
Total liabilities 635,472 654,788
Stockholders' equity    
Preferred stock - no par value: Authorized - 30,000 shares; no shares issued or outstanding      
Common stock - no par value with a stated value of $1 per share: Authorized - 6,000,000 shares; Issued - 1,830,266 shares; Outstanding - 1,658,157 and 1,651,518 shares, respectively 1,830 1,830
Additional paid-in capital 6,873 6,967
Retained earnings 53,880 52,432
Accumulated other comprehensive income, net of tax 340 349
Treasury stock, at cost - 172,109 and 178,748 shares, respectively (4,646) (4,825)
Total stockholders' equity 58,277 56,753
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 693,749 $ 711,541