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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 28,257 $ 27,701
Interest-bearing deposits in banks 212,973 174,909
Federal funds sold 2,200 2,761
Securities available-for-sale, at fair value (cost $434,749 and $443,928) 434,679 437,754
Securities held-to-maturity, (fair value $34,834 and $36,974) 35,107 37,759
Total securities 469,786 475,513
Other investments 17,083 16,614
Loans held for sale 1,511 23,876
Loans 893,650 899,785
Allowance for loan losses (24,779) (17,430)
Loans, net 868,871 882,355
Bank premises and equipment, net 55,097 55,382
Operating lease right-of-use assets 8,263 0
Goodwill and Intangibles 44,303 44,580
Cash surrender value of life insurance 15,188 15,135
Other real estate 664 1,067
Other assets 21,139 23,505
Total Assets 1,745,335 1,743,398
Deposits:    
Noninterest-bearing 418,321 383,167
Interest-bearing 1,027,314 1,068,904
Total deposits 1,445,635 1,452,071
Securities sold under agreements to repurchase 11,968 11,220
Operating lease liability 8,203 0
Short-term Federal Home Loan Bank advances 27,500 27,500
Junior subordinated debentures 22,167 22,167
Other liabilities 8,696 8,450
Total liabilities 1,524,169 1,521,408
Shareholders’ equity:    
Common stock, $0.10 par value; 30,000,000 shares authorized, 16,715,671 and 16,641,017 shares issued and outstanding, respectively 1,671 1,664
Additional paid-in capital 169,244 169,111
Accumulated other comprehensive income (loss) 1,807 (4,035)
Retained earnings 7,472 14,278
Total shareholders’ equity 221,166 221,990
Total liabilities and shareholders’ equity 1,745,335 1,743,398
Series B Preferred Stock    
Shareholders’ equity:    
Preferred stock 32,000 32,000
Series C Preferred stock    
Shareholders’ equity:    
Preferred stock $ 8,972 $ 8,972