| ASSETS |
| Cash and due from depository institutions |
15.56M |
| Interest bearing deposits |
17.41M |
| Short-term investments in money market funds |
6.59M |
| Cash and cash equivalents |
39.56M |
| Investment securities: |
| Available for sale |
146.49M |
| Held to maturity (fair value $9,568 on June 30, 2011 and $8,267 on December 31, 2010) |
16.38M |
| Loans held for sale |
3.94M |
| Loans |
714.51M |
| Less: Unearned income |
602K |
| Allowance for loan losses |
| Net loans |
702.95M |
| Premises and equipment, net |
12.56M |
| Accrued income receivable |
3.31M |
| Goodwill |
12.61M |
| Bank owned life insurance |
36.42M |
| Net deferred tax asset |
11.09M |
| Federal Home Loan Bank stock |
3.57M |
| Federal Reserve Bank stock |
2.13M |
| Prepaid federal deposit insurance |
1.32M |
| Other assets |
7.41M |
| TOTAL ASSETS |
999.72M |
| LIABILITIES |
| Non-interest bearing deposits |
165.03M |
| Interest bearing deposits |
682.16M |
| Total deposits |
847.19M |
| Short-term borrowings |
0 |
| Advances from Federal Home Loan Bank |
16M |
| Guaranteed junior subordinated deferrable interest debentures |
13.09M |
| Total borrowed funds |
29.09M |
| Other liabilities |
12M |
| TOTAL LIABILITIES |
888.27M |
| SHAREHOLDERS' EQUITY |
| Preferred stock, no par value; $1,000 per share liquidation preference; 2,000,000 shares authorized; 21,000 shares issued and outstanding on June 30, 2011 and December 31, 2010. |
21M |
| Common stock, par value $0.01 per share; 30,000,000 shares authorized; 26,397,040 shares issued and 21,208,421 outstanding on June 30, 2011; 26,396,289 shares issued and 21,207,670 outstanding on December 31, 2010 |
264K |
| Treasury stock at cost, 5,188,619 shares on June 30, 2011 and December 31, 2010 |
-73.66M |
| Capital surplus |
145.12M |
| Retained earnings |
24.14M |
| Accumulated other comprehensive loss, net |
-5.42M |
| TOTAL SHAREHOLDERS' EQUITY |
111.45M |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
999.72M |
