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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 17,153 $ 8,869
Interest-bearing balances with other financial institutions 2,081 1,013
Total cash and cash equivalents 19,234 9,882
Interest-bearing time deposits with other financial institutions 5,313 5,772
Available for sale investment securities 133,696 141,634
Loans and leases, net of unearned interest 719,085 571,533
Less: Allowance for loan and lease losses (6,984) (6,716)
Net loans and leases 712,101 564,817
Bank premises and equipment, net 14,196 12,225
Restricted investment in bank stocks 3,919 3,181
Foreclosed assets held for sale 990 565
Accrued interest receivable 3,415 3,058
Deferred income taxes 2,976 2,125
Goodwill 3,918 1,016
Core deposit and other intangibles, net 699 187
Cash surrender value of life insurance 12,446 8,575
Other assets 2,362 2,620
Total Assets 915,265 755,657
LIABILITIES & SHAREHOLDERS' EQUITY    
Deposits: Noninterest-bearing demand 96,916 60,613
Deposits: Interest-bearing demand 255,672 222,712
Deposits: Money Market 204,928 197,418
Deposits: Savings 56,032 32,394
Deposits: Time 161,602 124,785
Total Deposits 775,150 637,922
Short-term borrowings 5,712 578
Long-term debt 51,363 52,961
Accrued interest payable 605 349
Other liabilities 6,915 4,717
Total Liabilities 839,745 696,527
Shareholders' Equity:    
Common stock, par value $1.00; authorized 10,000,000 shares; 4,225,720 shares issued and outstanding at September 30, 2015 and 3,497,829 at December 31, 2014 4,226 3,498
Additional paid-in capital 40,535 29,902
Retained earnings 22,569 19,217
Accumulated other comprehensive income 1,440 1,513
Total Shareholders' Equity 75,520 59,130
Total Liabilities and Shareholders' Equity 915,265 755,657
Series B Preferred Stock [Member]    
Shareholders' Equity:    
Preferred stock 5,000 $ 5,000
Series C Preferred Stock [Member]    
Shareholders' Equity:    
Preferred stock $ 1,750