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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 84,275,000 $ 64,872,000
Interest-earning deposits 144,263,000 10,482,000
Total cash and cash equivalents 228,538,000 75,354,000
Securities available for sale 345,533,000 337,366,000
Federal Home Loan Bank stock 18,002,000 16,022,000
Loans 2,933,013,000 2,753,085,000
Allowance for loan losses (24,414,000) (22,380,000)
Loans, net 2,908,599,000 2,730,705,000
Premises and equipment, net 54,585,000 48,321,000
Bank owned life insurance 67,993,000 69,647,000
Goodwill 49,473,000 49,473,000
Core deposit intangible, net 4,237,000 5,561,000
Other assets 33,420,000 31,458,000
Total assets 3,710,380,000 3,363,907,000
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing 967,189,000 889,784,000
Interest-bearing 1,799,902,000 1,573,924,000
Total deposits 2,767,091,000 2,463,708,000
Securities sold under agreements to repurchase 103,990,000 103,519,000
Federal Home Loan Bank advances 364,000,000 350,000,000
Subordinated debentures 46,710,000 46,199,000
Accrued interest and other liabilities 21,389,000 25,232,000
Total liabilities 3,303,180,000 2,988,658,000
Commitments and contingent liabilities (Note 8)
Shareholders' equity    
Preferred stock, no par value; 1,000,000 shares authorized; none issued 0 0
Common stock, no par value; 40,000,000 shares authorized; 16,332,660 shares issued and outstanding at September 30, 2019 and 16,534,256 shares issued and outstanding at December 31, 2018 304,065,000 308,005,000
Retained earnings 98,876,000 75,483,000
Accumulated other comprehensive gain/(loss) 4,259,000 (8,239,000)
Total shareholders’ equity 407,200,000 375,249,000
Total liabilities and shareholders’ equity $ 3,710,380,000 $ 3,363,907,000