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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks, including required reserves of $7,991 and $6,741, respectively $ 18,037 $ 34,775
Interest-bearing deposits in banks 192,130 114,839
Federal funds sold 1,319 3,350
Securities available-for-sale, at fair value (cost of $301,411 at March 31, 2018 and $312,584 at December 31, 2017) 293,970 309,191
Securities held-to-maturity (fair value of $72,307 at March 31, 2018 and $80,920 at December 31, 2017) 73,255 81,052
Other investments 12,896 12,214
Loans held for sale 1,117 15,737
Loans 1,137,255 1,183,426
Allowance for loan losses (25,371) (26,888)
Loans, net 1,111,884 1,156,538
Bank premises and equipment, net 57,848 59,057
Accrued interest receivable 7,887 8,283
Goodwill 42,171 42,171
Intangibles 3,238 3,515
Cash surrender value of life insurance 14,948 14,896
Other real estate 1,803 2,001
Assets held for sale 3,995 3,995
Other assets 21,257 19,538
Total assets 1,857,755 1,881,152
Deposits:    
Non-interest-bearing 427,504 416,547
Interest-bearing 1,076,433 1,063,142
Total deposits 1,503,937 1,479,689
Securities sold under agreements to repurchase 33,026 67,133
Short-term Federal Home Loan Bank advances 27,500 40,000
Long-term Federal Home Loan Bank advances 10,016 10,021
Junior subordinated debentures 22,167 22,167
Other liabilities 10,272 8,127
Total liabilities 1,606,918 1,627,137
Commitments and contingencies
Shareholders’ equity:    
Common stock, $0.10 par value; 30,000,000 shares authorized, 16,621,811 and 16,548,829 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 1,662 1,655
Additional paid-in capital 168,765 168,412
Unearned ESOP shares (906) (937)
Accumulated other comprehensive loss (4,782) (1,828)
Retained earnings 45,111 45,726
Total shareholders’ equity 250,837 254,015
Total liabilities and shareholders’ equity 1,857,755 1,881,152
Series B Preferred Stock    
Shareholders’ equity:    
Preferred stock 32,000 32,000
Series C Preferred stock    
Shareholders’ equity:    
Preferred stock $ 8,987 $ 8,987