XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks, including required reserves of $5,702 and $8,522, respectively $ 31,883 $ 37,170
Interest-bearing deposits in banks 93,850 48,331
Federal funds sold 934 3,700
Securities available-for-sale, at fair value (cost of $311,164 at September 30, 2016 and $317,375 at December 31, 2015) 316,145 318,159
Securities held-to-maturity (fair value of $106,009 at September 30, 2016 and $117,698 at December 31, 2015) 103,412 116,792
Other investments 11,339 11,188
Loans 1,272,800 1,263,645
Allowance for loan losses (23,268) (19,011)
Loans, net 1,249,532 1,244,634
Bank premises and equipment, net 69,778 69,105
Accrued interest receivable 7,162 6,594
Goodwill 42,171 42,171
Intangibles 4,898 5,728
Cash surrender value of life insurance 14,272 13,622
Other real estate 2,317 4,187
Other assets 6,227 6,352
Total assets 1,953,920 1,927,733
Deposits:    
Non-interest-bearing 403,301 374,261
Interest-bearing 1,181,906 1,176,589
Total deposits 1,585,207 1,550,850
Securities sold under agreements to repurchase 95,210 85,957
Short-term Federal Home Loan Bank advances 0 25,000
Long-term Federal Home Loan Bank advances 25,531 25,851
Junior subordinated debentures 22,167 22,167
Other liabilities 7,679 4,771
Total liabilities 1,735,794 1,714,596
Commitments and contingencies
Shareholders’ equity:    
Common stock, $0.10 par value; 30,000,000 shares authorized, 11,362,716 and 11,362,150 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively 1,136 1,136
Additional paid-in capital 111,116 110,771
Unearned ESOP shares (1,342) (1,093)
Accumulated other comprehensive income 3,273 509
Retained earnings 62,833 60,694
Total shareholders’ equity 218,126 213,137
Total liabilities and shareholders’ equity 1,953,920 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