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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 14,596 $ 14,640
Short-term investments 62,921 98,924
Cash and cash equivalents 77,517 113,564
Securities available-for-sale, at fair value 145,893 140,548
Securities held-to-maturity, at amortized cost 38,612 37,282
Loans held for sale 1,111 2,702
Loans and leases receivable, net of allowance for loan and lease losses of $20,912 and $16,316, respectively 1,429,763 1,414,649
Premises and equipment, net 3,772 3,954
Foreclosed properties 1,472 1,677
Bank-owned life insurance 39,048 28,298
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 2,131 2,843
Goodwill and other intangible assets 12,773 12,493
Accrued interest receivable and other assets 28,607 24,071
Total assets 1,780,699 1,782,081
Liabilities and Stockholders’ Equity    
Deposits 1,538,855 1,577,231
Federal Home Loan Bank advances and other borrowings 59,676 34,740
Junior subordinated notes 10,004 9,990
Accrued interest payable and other liabilities 10,514 9,288
Total liabilities 1,619,049 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, 8,959,239 and 8,922,375 shares issued, 8,715,856 and 8,699,410 shares outstanding at December 31, 2016 and 2015, respectively 90 89
Additional paid-in capital 77,542 76,549
Retained earnings 91,317 80,584
Accumulated other comprehensive loss (522) (80)
Treasury stock (243,383 and 222,965 shares at December 31, 2016 and 2015, respectively), at cost (6,777) (6,310)
Total stockholders’ equity 161,650 150,832
Total liabilities and stockholders’ equity $ 1,780,699 $ 1,782,081