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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
[1]
ASSETS    
Cash and due from banks $ 7,454 $ 4,851
Interest-bearing deposits 26,998 7,945
Certificates of deposit 3,224 4,216
Federal funds sold 6,559 1,906
Securities available-for-sale, at fair value 54,448 51,173
Restricted securities 4,662 2,649
Loans receivable, net of allowance for loan losses of $4,241 and $3,863 645,701 381,537
Loans held for sale 55,620 276
Premises and equipment, net 17,070 10,844
Accrued interest receivable 2,624 1,372
Other real estate owned, net 5,360 2,494
Bank owned life insurance 18,508 9,869
Goodwill 8,966 2,808
Mortgage servicing rights 989 671
Core deposit intangible 3,436  
Other assets 5,773 4,099
Total assets 867,392 486,710
LIABILITIES    
Noninterest-bearing deposits 97,299 74,799
Savings and interest-bearing demand deposits 282,056 178,869
Time deposits 309,619 128,050
Total deposits 688,974 381,718
Securities sold under repurchase agreements 10,786 18,310
Federal Home Loan Bank advances 70,000 35,000
Subordinated debt, net of issuance costs 6,868 6,860
Other liabilities 6,286 3,117
Total liabilities 782,914 445,005
SHAREHOLDERS' EQUITY    
Common stock ($5 par value; authorized - 30,000,000 shares; outstanding - 9,399,138 and 4,774,856 shares, respectively) 46,996 23,874
Additional paid-in capital 23,111 2,872
Unearned employee stock ownership plan shares (911)  
Retained earnings 16,197 16,194
Accumulated other comprehensive loss, net (915) (1,235)
Total shareholders' equity 84,478 41,705
Total liabilities and shareholders' equity $ 867,392 $ 486,710
[1] Derived from the audited December 31, 2016 Consolidated Financial Statements