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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 20,685 $ 14,596
Short-term investments 52,511 62,921
Cash and cash equivalents 73,196 77,517
Securities available-for-sale, at fair value 131,130 145,893
Securities held-to-maturity, at amortized cost 38,873 38,612
Loans held for sale 0 1,111
Loans and leases receivable, net of allowance for loan and lease losses of $19,923 and $20,912, respectively 1,446,790 1,429,763
Premises and equipment, net 3,048 3,772
Foreclosed properties 2,585 1,472
Bank-owned life insurance 39,988 39,048
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 5,083 2,131
Goodwill and other intangible assets 12,735 12,773
Accrued interest receivable and other assets 32,228 28,607
Total assets 1,785,656 1,780,699
Liabilities and Stockholders’ Equity    
Deposits 1,423,724 1,538,855
Federal Home Loan Bank advances and other borrowings 167,884 59,676
Junior subordinated notes 10,015 10,004
Accrued interest payable and other liabilities 17,252 10,514
Total liabilities 1,618,875 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, 9,016,345 and 8,959,239 shares issued, 8,758,923 and 8,715,856 shares outstanding at September 30, 2017 and December 31, 2016, respectively 90 90
Additional paid-in capital 78,353 77,542
Retained earnings 95,785 91,317
Accumulated other comprehensive loss (370) (522)
Treasury stock, 257,422 and 243,383 shares at September 30, 2017 and December 31, 2016, respectively, at cost (7,077) (6,777)
Total stockholders’ equity 166,781 161,650
Total liabilities and stockholders’ equity $ 1,785,656 $ 1,780,699