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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 16,694 $ 14,640
Short-term investments 52,070 98,924
Cash and cash equivalents 68,764 113,564
Securities available-for-sale, at fair value 154,480 140,548
Securities held-to-maturity, at amortized cost 35,109 37,282
Loans held for sale 2,627 2,702
Loans and leases receivable, net of allowance for loan and lease losses of $20,067 and $16,316, respectively 1,438,230 1,414,649
Premises and equipment, net 3,898 3,954
Foreclosed properties 1,527 1,677
Bank-owned life insurance 29,028 28,298
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 2,165 2,843
Goodwill and other intangible assets 12,762 12,493
Accrued interest receivable and other assets 23,848 24,071
Total assets 1,772,438 1,782,081
Liabilities and Stockholders’ Equity    
Deposits 1,566,199 1,577,231
Federal Home Loan Bank and other borrowings 29,946 34,740
Junior subordinated notes 10,001 9,990
Accrued interest payable and other liabilities 6,361 9,288
Total liabilities 1,612,507 1,631,249
Stockholders’ equity:    
Preferred stock, $0.01 par value, 2,500,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.01 par value, 25,000,000 shares authorized, 8,960,083 and 8,922,375 shares issued, 8,717,299 and 8,699,410 shares outstanding, at September 30, 2016 and December 31, 2015, respectively 90 89
Additional paid-in capital 77,544 76,549
Retained earnings 88,255 80,584
Accumulated other comprehensive income (loss) 806 (80)
Treasury stock, 242,784 and 222,965 shares at September 30, 2016 and December 31, 2015, respectively, at cost (6,764) (6,310)
Total stockholders’ equity 159,931 150,832
Total liabilities and stockholders’ equity $ 1,772,438 $ 1,782,081