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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 31,872 $ 26,156
Interest-bearing deposits with banks 19,051 45,664
Federal funds sold 0 16,995
Cash and cash equivalents 50,923 88,815
Restricted investments in bank stocks 11,399 10,842
Securities available for sale 481,120 465,844
Loans held for sale 7,610 3,340
Loans 1,593,105 1,247,657
Less: Allowance for loan losses (14,809) (14,014)
Net loans 1,578,296 1,233,643
Premises and equipment, net 43,031 38,201
Cash surrender value of life insurance 62,207 41,327
Goodwill 19,925 12,592
Other intangible assets, net 7,654 3,910
Accrued interest receivable 6,546 5,927
Other assets 44,966 29,947
Total assets 2,313,677 1,934,388
Deposits:    
Noninterest-bearing 246,773 204,843
Interest-bearing 1,676,681 1,353,913
Total deposits 1,923,454 1,558,756
Short-term borrowings 36,605 64,069
Long-term debt 63,165 83,450
Subordinated notes 31,834 31,859
Accrued interest and other liabilities 35,126 22,821
Total liabilities 2,090,184 1,760,955
Shareholders’ Equity    
Preferred stock, $1.25 par value per share; 500,000 shares authorized; no shares issued or outstanding 0 0
Common stock, no par value—$0.05205 stated value per share 50,000,000 shares authorized; 11,220,804 and 9,439,255 shares issued; 11,175,299 and 9,430,224 shares outstanding 584 491
Additional paid - in capital 188,582 151,678
Retained earnings 32,690 24,472
Accumulated other comprehensive income (loss) 2,675 (2,972)
Treasury stock—common, 45,505 and 9,031 shares, at cost (1,038) (236)
Total shareholders’ equity 223,493 173,433
Total liabilities and shareholders’ equity $ 2,313,677 $ 1,934,388