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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 11,681 $ 8,763
Interest-bearing demand deposits 29,388 18,578
Cash and cash equivalents 41,069 27,341
Interest-bearing time deposits 4,627 1,853
Investment securities available for sale (carried at fair value) 354,145 277,378
Loans held for sale 3,686 4,577
Loans, net of allowance for loan losses of $12,537 and $12,387, at March 31, 2018 and December 31, 2017, respectively 1,436,889 1,167,758
Premises and equipment, net 26,208 21,539
Federal Home Loan Bank stock 12,820 11,183
Deferred tax asset, net 10,665 7,530
Cash value of life insurance 59,209 52,707
Goodwill 23,869 1,800
Core deposit intangibles 4,509 127
Other real estate owned and repossessed assets 1,753 733
Other assets 16,656 14,406
Total assets 1,996,105 1,588,932
Deposits    
Noninterest-bearing 288,996 194,134
Interest-bearing 1,251,456 1,007,900
Total deposits 1,540,452 1,202,034
Federal Home Loan Bank advances 230,546 217,163
Other borrowings 18,110 4,232
Other liabilities 15,935 15,221
Total liabilities 1,805,043 1,438,650
Commitments and Contingencies
Stockholders' Equity    
Common stock, $.01 par value Authorized - 20,000,000 shares Issued and outstanding - 8,574,924 and 7,389,394 shares at March 31, 2018 and December 31, 2017, respectively 86 74
Additional paid-in capital 117,630 75,319
Retained earnings 76,971 74,508
Accumulated other comprehensive income (loss) (3,625) 381
Total stockholders' equity 191,062 150,282
Total liabilities and stockholders' equity $ 1,996,105 $ 1,588,932