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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 13,985 $ 36,837
Equity securities at fair value (Note 2) 3,305
Securities available for sale (Note 2) 164,195 155,591
Federal Home Loan Bank stock 1,994 1,994
Federal Reserve Bank stock 1,573 1,573
Loans held for sale 1,240 1,721
Loans to other financial institutions 5,637 6,802
Loans (Note 3) 386,440 398,785
Allowance for loan losses (Note 3) (4,709) (4,577)
Loans, net 381,731 394,208
Premises and equipment, net 13,348 12,855
Cash surrender value of life insurance policies 14,608 14,514
Goodwill 13,728 13,728
Other assets 7,398 6,721
Total assets 622,742 646,544
Liabilities    
Deposits - noninterest-bearing 146,912 151,462
Deposits - interest-bearing 385,362 388,391
Total deposits 532,274 539,853
Repurchase agreements 2,461 7,148
Advances from Federal Home Loan Bank 10,259 20,268
Other liabilities 2,134 2,725
Total liabilities 547,128 569,994
Shareholders' Equity    
Common stock and paid in capital, no par value; shares authorized: 7,000,000; shares outstanding: 3,439,837 at March 31, 2018 and 3,448,569 at December 31, 2017 50,139 50,290
Retained earnings 27,306 26,023
Accumulated other comprehensive income (loss), net (1,831) 237
Total shareholders' equity 75,614 76,550
Total liabilities and shareholders' equity $ 622,742 $ 646,544