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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS:    
Cash and due from banks $ 18,378 $ 14,155
Interest-bearing demand deposits 487 832
Total cash and cash equivalents 18,865 14,987
Investment securities:    
Available-for-sale, at fair value 320,659 377,978
Held-to-maturity, at cost 41,003 22,633
Federal Reserve Bank stock, at cost 2,732 2,732
Federal Home Loan Bank stock, at cost 3,638 3,638
Loans, net 816,228 767,809
Premises and equipment, net 30,244 22,100
Goodwill 30,183 30,183
Core deposit and other intangibles 4,582 5,396
Bank owned life insurance 27,307 22,561
Other assets 11,358 10,514
TOTAL ASSETS 1,306,799 1,280,531
Deposits:    
Non-interest-bearing 271,332 250,306
Interest-bearing 839,573 836,854
Total deposits 1,110,905 1,087,160
Short-term borrowings 42,040 37,387
Long-term debt 598 5,947
Accrued interest and other liabilities 10,312 9,929
TOTAL LIABILITIES 1,163,855 1,140,423
COMMITMENTS AND CONTINGENT LIABILITIES
SHAREHOLDERS' EQUITY:    
Preferred shares - no par value, authorized 1,000,000 shares, none outstanding 0 0
Common shares - no par value; authorized 19,000,000 and 12,000,000 shares at December 31, 2016 and 2015, respectively; issued 10,751,652 and 10,679,174 shares at December 31, 2016 and 2015, respectively 76,490 76,908
Retained earnings 80,736 74,629
Treasury shares at cost, 753,627 shares at December 31, 2016 and 2015 (11,665) (11,665)
Accumulated other comprehensive income (loss), net of taxes (2,617) 236
TOTAL SHAREHOLDERS' EQUITY 142,944 140,108
TOTAL LIABILITES AND SHAREHOLDERS' EQUITY $ 1,306,799 $ 1,280,531