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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 17,577 $ 18,465
Interest-bearing deposits with other banks 138,885 76,506
Cash and cash equivalents 156,462 94,971
Investment securities:    
Available-for-sale, at fair value 139,349 122,791
Held to maturity, at amortized cost - fair value of $20,254 (2020) and $8,654 (2019) 20,174 8,786
Equity securities, at fair value 1,396 1,342
Restricted securities 3,626 4,190
Loans 1,423,965 1,248,654
Less: allowance for credit losses (12,777) (10,507)
Loans, net 1,411,188 1,238,147
Premises and equipment, net 24,679 23,821
Goodwill 17,518 17,518
Other intangible assets, net 1,844 2,252
Other real estate owned, net 38 74
Right-of-use assets 4,769 4,771
Other assets 47,129 40,572
TOTAL ASSETS 1,828,172 1,559,235
Deposits:    
Noninterest-bearing 465,304 356,618
Interest-bearing 1,128,817 984,716
Total deposits 1,594,121 1,341,334
Securities sold under retail repurchase agreements 1,019 1,226
Advances from FHLB - long-term   15,000
Subordinated debt 24,399  
Total borrowings 25,418 16,226
Lease liabilities 4,840 4,792
Other liabilities 4,912 4,081
Liabilities of discontinued operations 0 0
TOTAL LIABILITIES 1,629,291 1,366,433
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock, par value $.01 per share; shares authorized - 35,000,000; shares issued and outstanding - 12,217,501 (2020) and 12,500,372 (2019) 122 125
Additional paid in capital 58,090 61,045
Retained earnings 138,765 131,425
Accumulated other comprehensive income 1,904 207
TOTAL STOCKHOLDERS' EQUITY 198,881 192,802
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,828,172 $ 1,559,235