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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 33,146 $ 26,937
Interest bearing deposits with other banks 2,199 2,246
Total cash and cash equivalents 35,345 29,183
Securities available for sale 409,709 495,835
Trading securities 7,150 4,858
Loans held for sale 852 7,528
Loans 2,149,848 1,876,966
Less: unearned discount (3,889) (3,430)
Less: allowance for loan losses (19,693) (16,330)
Net loans 2,126,266 1,857,206
FHLB and other equity interests 21,517 19,186
Premises and equipment, net 50,715 49,522
Bank owned life insurance 55,035 44,273
Mortgage servicing rights 1,387 1,391
Goodwill 38,730 38,730
Core deposit intangible 1,625 2,854
Accrued interest receivable and other assets 20,442 23,255
Total Assets 2,768,773 2,573,821
LIABILITIES AND SHAREHOLDERS' EQUITY    
Non-interest bearing deposits 321,858 289,922
Interest bearing deposits 1,845,957 1,727,600
Total deposits 2,167,815 2,017,522
Short-term borrowings 34,416 103,969
FHLB and other long-term borrowings 222,943 133,035
Subordinated debentures 70,620 70,620
Deposits held for sale 0 6,456
Accrued interest payable and other liabilities 29,069 30,435
Total liabilities 2,524,863 2,362,037
Commitments and contingent liabilities 0 0
Common stock, $0 par value; authorized 50,000,000 shares; issued 15,308,378 shares at December 31, 2017 and 14,473,482 shares at December 31, 2016 0 0
Additional paid in capital 97,042 77,737
Retained earnings 148,298 134,295
Treasury stock, at cost (43,638 shares for 2017 and 5,667 for 2016) (1,087) (127)
Accumulated other comprehensive loss (343) (121)
Total shareholders' equity 243,910 211,784
Total Liabilities and Shareholders' Equity $ 2,768,773 $ 2,573,821