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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 23,229 $ 18,042
Federal funds sold and other 47,531 39,884
TOTAL CASH AND CASH EQUIVALENTS 70,760 57,926
Securities available for sale 432,233 402,190
Equity securities 7,909 7,130
Loans held for sale 2,600 1,237
Loans 1,811,539 1,735,840
Less allowance for loan losses 14,487 13,592
NET LOANS 1,797,052 1,722,248
Premises and equipment, net 23,817 21,211
Goodwill 38,201 38,201
Other intangibles, net 4,444 5,751
Bank owned life insurance 35,527 34,758
Other assets 36,615 38,212
TOTAL ASSETS 2,449,158 2,328,864
Deposits:    
Noninterest-bearing 434,126 421,950
Interest-bearing 1,490,763 1,352,770
Brokered time deposits 84,075 25,000
TOTAL DEPOSITS 2,008,964 1,799,720
Short-term borrowings 77,050 244,759
Long-term borrowings 45,147 6,033
Other liabilities 18,688 16,032
TOTAL LIABILITIES 2,149,849 2,066,544
Commitments and contingent liabilities (Note 14)
Stockholders' equity    
Common Stock - Authorized 50,000,000 shares in 2019 and 2018; issued 28,179,598 in 2019 and 2018 186,345 186,163
Retained earnings 108,851 83,630
Accumulated other comprehensive income (loss) 9,826 (4,030)
Treasury stock, at cost; 508,859 shares in 2019 and 387,697 shares in 2018 (5,713) (3,443)
TOTAL STOCKHOLDERS' EQUITY 299,309 262,320
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,449,158 $ 2,328,864