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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 44,607 $ 32,505
Interest-bearing deposits in other banks 206,998 47,077
Securities available for sale, at fair value 322,523 379,195
Restricted stock, at cost 8,694 8,630
Loans held for sale 2,845 2,027
Loans, net of deferred fees and costs 2,101,711 1,830,815
Less allowance for loan losses (18,507) (13,152)
Net loans 2,083,204 1,817,663
Premises and equipment, net 39,571 39,848
Other real estate owned, net of valuation allowance 984 1,308
Goodwill 85,048 84,002
Core deposit intangibles, net 6,884 7,728
Bank owned life insurance 28,122 27,817
Other assets 35,059 30,750
Total assets 2,864,539 2,478,550
Liabilities    
Demand deposits -- noninterest bearing 824,679 578,606
Demand deposits -- interest bearing 406,322 328,015
Money market deposits 562,061 504,651
Savings deposits 200,518 177,505
Time deposits 438,196 471,770
Total deposits 2,431,776 2,060,547
Customer repurchase agreements 46,296 40,475
Subordinated debt 7,508 7,517
Junior subordinated debt 28,080 28,029
Other liabilities 23,446 21,724
Total liabilities 2,537,106 2,158,292
Shareholders' equity    
Preferred stock, $5 par, 2,000,000 shares authorized, none outstanding 0 0
Common stock, $1 par, 20,000,000 shares authorized, 10,964,320 shares outstanding at June 30, 2020 and 11,071,540 shares outstanding at December 31, 2019 10,911 11,019
Capital in excess of par value 154,222 158,244
Retained earnings 159,586 151,478
Accumulated other comprehensive income (loss), net 2,714 (483)
Total shareholders' equity 327,433 320,258
Total liabilities and shareholders' equity $ 2,864,539 $ 2,478,550