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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 4,851 $ 4,969
Interest-bearing deposits 7,501 15,330
Certificates of deposit 4,216 5,735
Federal funds sold 2,350 271
Securities available-for-sale, at fair value 51,173 54,090
Restricted securities 2,649 2,731
Loans receivable, net of allowance for loan losses of $3,863 and $4,223 381,537 343,323
Loans held for sale 276 270
Premises and equipment, net 10,844 11,646
Accrued interest receivable 1,372 1,318
Other real estate owned, net 2,494 1,870
Bank owned life insurance 9,869 7,595
Goodwill 2,808 2,808
Mortgage servicing rights 671 658
Other assets 4,099 3,682
Total assets 486,710 456,296
LIABILITIES    
Noninterest-bearing deposits 74,799 65,842
Savings and interest-bearing demand deposits 178,869 166,628
Time deposits 128,050 127,388
Total deposits 381,718 359,858
Securities sold under repurchase agreements 18,310 7,161
Federal Home Loan Bank advances 35,000 40,000
Subordinated debt, net of issuance costs 6,860 6,844
Other liabilities 3,117 2,864
Total liabilities 445,005 416,727
SHAREHOLDERS' EQUITY    
Common stock ($5 par value; authorized - 30,000,000 shares; outstanding - 4,774,856 and 4,774,856 shares, respectively) 23,874 23,874
Additional paid-in capital 2,872 2,812
Retained earnings 16,194 13,659
Accumulated other comprehensive loss, net (1,235) (776)
Total shareholders' equity 41,705 39,569
Total liabilities and shareholders' equity $ 486,710 $ 456,296