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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from financial institutions $ 41,772 $ 35,561
Securities available for sale 200,643 196,249
Loans held for sale 5,167 2,698
Loans, net of allowance of $14,547 and $14,361 1,014,375 987,166
Other securities 13,734 13,452
Premises and equipment, net 16,711 16,944
Accrued interest receivable 3,798 3,902
Goodwill 27,095 27,095
Other intangibles 2,091 2,409
Bank owned life insurance 24,255 20,104
Other assets 10,270 9,461
Total assets 1,359,911 1,315,041
Deposits    
Noninterest-bearing 353,386 300,615
Interest-bearing 761,621 751,418
Total deposits 1,115,007 1,052,033
Federal Home Loan Bank advances 47,300 71,200
Securities sold under agreements to repurchase 17,725 25,040
Subordinated debentures 29,427 29,427
Accrued expenses and other liabilities 14,249 12,168
Total liabilities 1,223,708 1,189,868
SHAREHOLDERS' EQUITY    
Common shares, no par value, 20,000,000 shares authorized, 8,655,324 shares issued at June 30, 2016 and 8,591,542 shares issued at December 31, 2015 115,750 115,330
Retained earnings 13,640 5,300
Treasury shares, 747,964 common shares at cost (17,235) (17,235)
Accumulated other comprehensive income (loss) 1,924 (495)
Total shareholders' equity 136,203 125,173
Total liabilities and shareholders' equity 1,359,911 1,315,041
Series B Preferred Stock [Member]    
SHAREHOLDERS' EQUITY    
Preferred shares, no par value, 200,000 shares authorized, Series B Preferred stock, $1,000 liquidation preference, 23,911 shares issued at June 30, 2016 and 24,072 shares issued at December 31, 2015, net of issuance costs $ 22,124 $ 22,273