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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 20,616 $ 15,570
Interest-bearing deposits in banks 75,211 88,522
Cash and cash equivalents 95,827 104,092
Investment securities available for sale, at fair value 333,085 347,332
Other investments, at cost 3,891 4,288
Loans held for sale 11,022 10,076
Loans 989,026 968,814
Allowance for loan losses (8,384) (6,863)
Loans, net 980,642 961,951
Premises and equipment 32,515 32,482
Other real estate 847 1,320
Goodwill 16,477 16,477
Other intangible assets 2,883 3,056
Bank-owned life insurance 21,785 21,629
Other assets 11,074 12,610
Total assets 1,510,048 1,515,313
Deposits    
Noninterest-bearing 235,269 232,635
Interest-bearing 1,057,807 1,061,107
Total deposits 1,293,076 1,293,742
Subordinated debentures 24,229 24,229
Other borrowings 51,063 61,563
Other liabilities 5,608 5,273
Total liabilities 1,373,976 1,384,807
Stockholders' equity:    
Preferred stock, no par value; 10,000,000 shares authorized, none issued or outstanding as of March 31, 2020 and December 31, 2019, respectively 0 0
Common stock, par value $1.00 per share; 20,000,000 shares authorized, 9,498,783 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 9,499 9,499
Paid in capital 43,675 43,667
Retained earnings 77,631 76,978
Accumulated other comprehensive income, net of tax 5,267 362
Total stockholders' equity 136,072 130,506
Total liabilities and stockholders' equity $ 1,510,048 $ 1,515,313