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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 15,465 $ 14,596
Short-term investments 45,434 62,921
Cash and cash equivalents 60,899 77,517
Securities available-for-sale, at fair value 147,058 145,893
Securities held-to-maturity, at amortized cost 38,485 38,612
Loans held for sale 3,924 1,111
Loans and leases receivable, net of allowance for loan and lease losses of $21,666 and $20,912, respectively 1,459,305 1,429,763
Premises and equipment, net 3,955 3,772
Foreclosed properties 1,472 1,472
Bank-owned life insurance 39,358 39,048
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 4,782 2,131
Goodwill and other intangible assets 12,774 12,773
Accrued interest receivable and other assets 28,578 28,607
Total assets 1,800,590 1,780,699
Liabilities and Stockholders’ Equity    
Deposits 1,492,714 1,538,855
Federal Home Loan Bank advances and other borrowings 121,841 59,676
Junior subordinated notes 10,008 10,004
Accrued interest payable and other liabilities 11,893 10,514
Total liabilities 1,636,456 1,619,049
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, 8,961,789 and 8,959,239 shares issued, 8,718,307 and 8,715,856 shares outstanding at March 31, 2017 and December 31, 2016, respectively 90 90
Additional paid-in capital 77,818 77,542
Retained earnings 93,581 91,317
Accumulated other comprehensive loss (576) (522)
Treasury stock, 243,482 and 243,383 shares at March 31, 2017 and December 31, 2016, respectively, at cost (6,779) (6,777)
Total stockholders’ equity 164,134 161,650
Total liabilities and stockholders’ equity $ 1,800,590 $ 1,780,699