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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 5,087 $ 4,851
Interest-bearing deposits 6,826 7,501
Certificates of deposit 3,472 4,216
Federal funds sold 336 2,350
Securities available-for-sale, at fair value 49,826 51,173
Restricted securities 3,756 2,649
Loans receivable, net of allowance for loan losses of $3,993 and $3,863 401,268 381,537
Loans held for sale   276
Premises and equipment, net 10,859 10,844
Accrued interest receivable 1,321 1,372
Other real estate owned, net 2,436 2,494
Bank owned life insurance 9,944 9,869
Goodwill 2,808 2,808
Mortgage servicing rights 692 671
Other assets 5,576 4,099
Total assets 504,207 486,710
LIABILITIES    
Noninterest-bearing deposits 77,369 74,799
Savings and interest-bearing demand deposits 169,027 178,869
Time deposits 136,104 128,050
Total deposits 382,500 381,718
Securities sold under repurchase agreements 8,489 18,310
Federal Home Loan Bank advances 60,000 35,000
Subordinated debt, net of issuance costs 6,864 6,860
Other liabilities 4,737 3,117
Total liabilities 462,590 445,005
SHAREHOLDERS' EQUITY    
Common stock ($5 par value; authorized - 30,000,000 shares; outstanding - 4,787,356 and 4,774,856 shares, respectively) 23,937 23,874
Additional paid-in capital 2,868 2,872
Retained earnings 16,017 16,194
Accumulated other comprehensive loss, net (1,205) (1,235)
Total shareholders' equity 41,617 41,705
Total liabilities and shareholders' equity $ 504,207 $ 486,710