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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks, including required reserves of $6,871 and $8,522, respectively $ 31,608 $ 37,170
Interest-bearing deposits in banks 65,144 48,331
Federal funds sold 1,783 3,700
Securities available-for-sale, at fair value (cost of $312,614 at June 30, 2016 and $317,375 at December 31, 2015) 318,239 318,159
Securities held-to-maturity (fair value of $112,273 at June 30, 2016 and $117,698 at December 31, 2015) 109,420 116,792
Other investments 11,036 11,188
Loans 1,262,389 1,263,645
Allowance for loan losses (21,378) (19,011)
Loans, net 1,241,011 1,244,634
Bank premises and equipment, net 68,468 69,105
Accrued interest receivable 6,485 6,594
Goodwill 42,171 42,171
Intangibles 5,175 5,728
Cash surrender value of life insurance 14,167 13,622
Other real estate 2,735 4,187
Other assets 5,082 6,352
Total assets 1,922,524 1,927,733
Deposits:    
Non-interest-bearing 383,797 374,261
Interest-bearing 1,176,269 1,176,589
Total deposits 1,560,066 1,550,850
Securities sold under agreements to repurchase 85,786 85,957
Short-term Federal Home Loan Bank advances 0 25,000
Long-term Federal Home Loan Bank advances 25,638 25,851
Junior subordinated debentures 22,167 22,167
Other liabilities 10,926 4,771
Total liabilities 1,704,583 1,714,596
Commitments and contingencies
Shareholders’ equity:    
Common stock, $0.10 par value; 30,000,000 shares authorized, 11,362,705 and 11,362,150 shares issued and outstanding at June 30, 2016 and December 31, 2015 1,136 1,136
Additional paid-in capital 110,986 110,771
Unearned ESOP shares (1,207) (1,093)
Accumulated other comprehensive income 3,657 509
Retained earnings 62,259 60,694
Total shareholders’ equity 217,941 213,137
Total liabilities and shareholders’ equity 1,922,524 1,927,733
Series B Preferred Stock    
Shareholders’ equity:    
Preferred stock 32,000 32,000
Series C Preferred stock    
Shareholders’ equity:    
Preferred stock $ 9,110 $ 9,120