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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks, including reserve requirements of $7,145 at 3/31/17 and $6,075 at 12/31/16 $ 55,491 $ 53,613
Interest-bearing deposits 31,959 16,481
Cash and cash equivalents 87,450 70,094
Investment securities available for sale 244,862 249,946
Other investments 2,679 2,635
Total securities 247,542 252,581
Mortgage loans held for sale 1,340 5,709
Loans 735,861 723,811
Less allowance for loan losses (7,263) (7,550)
Net loans 728,598 716,261
Premises and equipment, net 18,597 16,452
Cash surrender value of life insurance 15,251 14,952
Other real estate 0 283
Accrued interest receivable and other assets 11,496 11,659
Total assets 1,110,274 1,087,991
Deposits:    
Noninterest-bearing demand 275,369 271,851
NOW, MMDA & savings 494,273 477,054
Time, $250,000 or more 24,262 26,771
Other time 114,510 117,242
Total deposits 908,414 892,918
Securities sold under agreements to repurchase 42,163 36,434
FHLB borrowings 20,000 20,000
Junior subordinated debentures 20,619 20,619
Accrued interest payable and other liabilities 8,941 10,592
Total liabilities 1,000,137 980,563
Commitments
Shareholders' equity:    
Series A preferred stock, $1,000 stated value; authorized 5,000,000 shares; no shares issued and outstanding 0 0
Common stock, no par value; authorized 20,000,000 shares; issued and outstanding 5,437,740 shares at March 31, 2017 and 5,417,800 shares at December 31, 2016 44,745 44,187
Retained earnings 61,801 60,254
Accumulated other comprehensive income 3,591 2,987
Total shareholders' equity 110,137 107,428
Total liabilities and shareholders' equity $ 1,110,274 $ 1,087,991