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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Cash and due from banks $ 7,189 $ 5,835
Money market funds 842 708
Federal funds sold 27,988 2
Cash and cash equivalents 36,019 6,545
Securities:    
Held to maturity – fair value of $106 in 2014 and 2013 106 106
Available for sale 11,241 30,266
Other investments 8,044 8,114
Loans held for sale 5,578 3,804
Loans held for investment 486,327 478,453
Less allowance for loan losses (8,009) (8,184)
Net loans held for investment 478,318 470,269
Other real estate owned 2,437 2,628
Bank premises and equipment, net 6,514 6,525
Interest receivable 1,513 1,498
Goodwill 2,670 2,670
Bank owned life insurance 12,236 12,122
Other assets 8,468 8,241
Total assets 573,144 552,788
Liabilities    
Noninterest bearing 100,084 92,397
Interest bearing:    
Demand 94,117 92,562
Money market accounts 25,560 24,894
Savings 58,280 58,292
Time deposits over $100,000 69,340 69,674
All other time deposits 124,163 126,330
Total deposits 471,544 464,149
Short-term debt 3,697 3,423
Accrued liabilities 9,344 9,384
Subordinated debt 10,191 10,191
Long-term debt 11,500 11,500
Total liabilities 506,276 498,647
Stockholders' Equity    
Common stock, $5 par value, 6,000,000 shares authorized, 3,287,470 and 2,511,735 shares issued and outstanding in 2014 and 2013, respectively 16,437 12,559
Retained earnings 50,993 42,089
Noncontrolling interest 351 418
Accumulated other comprehensive loss (913) (925)
Total stockholders' equity 66,868 54,141
Total liabilities and stockholders' equity $ 573,144 $ 552,788