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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from financial institutions $ 36,695 $ 35,561
Securities available for sale 195,864 196,249
Loans held for sale 2,268 2,698
Loans, net of allowance of $13,305 and $14,361 1,042,201 987,166
Other securities 14,055 13,452
Premises and equipment, net 17,920 16,944
Accrued interest receivable 3,854 3,902
Goodwill 27,095 27,095
Other intangible assets 1,784 2,409
Bank owned life insurance 24,552 20,104
Other assets 10,975 9,461
Total assets 1,377,263 1,315,041
Deposits    
Noninterest-bearing 345,588 300,615
Interest-bearing 775,515 751,418
Total deposits 1,121,103 1,052,033
Federal Home Loan Bank advances 48,500 71,200
Securities sold under agreements to repurchase 28,925 25,040
Subordinated debentures 29,427 29,427
Accrued expenses and other liabilities 11,692 12,168
Total liabilities 1,239,647 1,189,868
SHAREHOLDERS' EQUITY    
Preferred stock, no par value, 200,000 shares authorized Series B Preferred stock, $1,000 liquidation preference, 20,481 shares issued at December 31, 2016 and 24,072 shares issued at December 31, 2015, net of issuance costs 18,950 22,273
Common stock, no par value, 20,000,000 shares authorized, 9,091,473 shares issued at December 31, 2016 and 8,591,542 shares issued at December 31, 2015 118,975 115,330
Accumulated earnings 19,263 5,300
Treasury stock, 747,964 shares at cost (17,235) (17,235)
Accumulated other comprehensive loss (2,337) (495)
Total shareholders' equity 137,616 125,173
Total liabilities and shareholders' equity $ 1,377,263 $ 1,315,041