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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks, including required reserves of $6,669 and $8,522, respectively $ 31,687 $ 37,170
Interest-bearing deposits in banks 47,091 48,331
Federal funds sold 3,450 3,700
Securities available-for-sale, at fair value (cost of $344,416 and $317,375 at December 31, 2016 and 2015, respectively) 341,873 318,159
Securities held-to-maturity (estimated fair value of $98,261 and $117,698 at December 31, 2016 and 2015, respectively) 98,211 116,792
Other investments 11,355 11,188
Loans 1,284,082 1,263,645
Allowance for loan losses (24,372) (19,011)
Loans, net 1,259,710 1,244,634
Bank premises and equipment, net 68,954 69,105
Accrued interest receivable 7,576 6,594
Goodwill 42,171 42,171
Intangibles 4,621 5,728
Cash surrender value of life insurance 14,335 13,622
Other real estate 2,175 4,187
Other assets 10,131 6,352
Total assets 1,943,340 1,927,733
Deposits:    
Noninterest-bearing 414,921 374,261
Interest-bearing 1,164,509 1,176,589
Total deposits 1,579,430 1,550,850
Securities sold under agreements to repurchase 94,461 85,957
Short-term Federal Home Loan Bank advances 0 25,000
Long-term Federal Home Loan Bank advances 25,424 25,851
Junior subordinated debentures 22,167 22,167
Other liabilities 7,482 4,771
Total liabilities 1,728,964 1,714,596
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.10 par value; 30,000,000 shares authorized, 11,362,716 and 11,362,150 shares issued and outstanding at December 31, 2016 and 2015, respectively 1,136 1,136
Additional paid-in capital 111,166 110,771
Unearned ESOP shares (1,233) (1,093)
Accumulated other comprehensive (loss) income (1,010) 509
Retained earnings 63,207 60,694
Total stockholders’ equity 214,376 213,137
Total liabilities and stockholders’ equity 1,943,340 1,927,733
Series B Preferred stock    
Stockholders’ equity:    
Preferred stock 32,000 32,000
Series C Preferred stock    
Stockholders’ equity:    
Preferred stock $ 9,110 $ 9,120