Consolidated Statements of Changes in Stockholders’ Equity See accompanying notes to consolidated financial statements. (Dollars in thousands, except per share data)  Accumulated Additional Other Common Paid-in Comprehensive Retained Treasury Total Stock Capital Income (Loss) Earnings Stock Equity __________ __________ ___________ __________ __________ _________ Balance at January 1, 2009.............................................. $ 361 $ 5,064 $ (1,289) $ 50,365 $ (1,728) $ 52,773 Comprehensive income: Net income ............................................................. – . – . – . 2,488 – . 2,488 Net unrealized gain/(loss) on securities available-for-sale, net of reclassification  and tax effects...................................................... – . – . 1,128 – . – . 1,128 Change in unrealized gain on post retirement benefit, net of reclassification and tax effects ....... – . – . (9) – . – . (9) Comprehensive income ........................................... – . – . – . – . – . 3,607 Issuance of 9,503 shares of common stock at  $18.50 - $20.50 per share, under stock-based  compensation plans, including related tax effects..... – . 6 – .. – . – . 6 Stock-based compensation expense.................................. – . 40. – . – . – . . 40 Sale of treasury stock ....................................................... – . (6).. – . (52) . 199 141 Adjustments to retained earnings for split-dollar  life insurance arrangements ..................................... – . – .. – . (84) . – .. (84) Cash dividends, $1.21 per share ...................................... – . – . – . (3,405) – . (3,405) __________ __________ ___________ __________ __________ _________ Balance at December 31, 2009........................................ $ 361 $ 5,104 $ (170) $ 49,312 $ (1,529) $ 53,078 Comprehensive income: Net income ............................................................. – . – . – . 5,179 – . 5,179 Net unrealized gain/(loss) on securities available-for-sale, net of reclassification  and tax effects...................................................... – . – . (314) – . – . (314) Change in unrealized gain on post retirement benefit, net of reclassification and tax effects ....... – . – . (8) – . – . (8) _________ Comprehensive income ........................................... – . – . – . – . – . 4,857 Stock-based compensation expense.................................. – . 36 – .. – . – . 36 Sale of treasury stock ....................................................... – . – . – . (60). 211 151 Cash dividends, $0.72 per share ...................................... – . – . – . (2,033) – . (2,033) __________ __________ ___________ __________ __________ _________ Balance at December 31, 2010........................................ $ 361 $ 5,140 $ (492) $ 52,398 $ (1,318) $ 56,089 __________ __________ ___________ __________ __________ _________ 22