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CONSOLIDATED STATEMENTS OF CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Jun. 30, 2017
ASSETS      
Cash and due from banks $ 18,403 $ 19,304 $ 17,384
Interest bearing deposits with banks 44,650 15,137 8,896
Total Cash and Cash Equivalents 63,053 34,441 26,280
Equity securities with readily determinable fair values 1,767 0 0
Debt securities available for sale 152,424 159,051 133,719
Securities held to maturity, fair value $39,145; $50,000; $44,549 39,894 44,829 50,088
Loans held for sale 1,265 1,736 1,278
Loans, net of allowance for loan losses $13,143; $14,148; $13,976 1,233,655 1,230,194 955,527
Premises and equipment 26,379 26,774 18,170
Restricted investment in bank stocks 4,849 4,773 4,899
Investment in bank-owned life insurance 45,973 44,935 41,273
Investments in low-income housing partnerships 2,213 2,446 2,690
Goodwill 19,580 19,580 6,308
Intangible assets 2,801 2,569 526
Foreclosed assets held for resale 287 436 63
Other assets 29,202 23,668 21,115
Total Assets 1,623,342 1,595,432 1,261,936
Deposits:      
Non-interest bearing 288,215 279,413 190,572
Interest bearing 1,045,760 1,019,079 809,582
Total Deposits 1,333,975 1,298,492 1,000,154
Short-term borrowings 26,418 36,908 30,837
Long-term borrowings 89,816 94,600 95,850
Other liabilities 12,826 11,466 11,251
Total Liabilities 1,463,035 1,441,466 1,138,092
STOCKHOLDERS’ EQUITY      
Preferred stock, $2.50 par value; 20,000,000 shares authorized; no shares outstanding 0 0 0
Common stock, $2.50 par value; 20,000,000 shares authorized; 7,101,368, 6,139,499 and 7,086,258 shares issued; 7,038,768, 6,076,899 and 7,023,658 shares outstanding 17,753 17,716 15,349
Treasury stock, at cost (62,600 shares) (728) (728) (728)
Additional paid-in capital 38,193 37,777 11,287
Retained earnings 113,772 106,293 103,488
Accumulated other comprehensive loss (8,683) (7,092) (5,552)
Total Stockholders’ Equity 160,307 153,966 123,844
Total Liabilities and Stockholders’ Equity $ 1,623,342 $ 1,595,432 $ 1,261,936