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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 17,059 $ 14,596
Short-term investments 35,480 62,921
Cash and cash equivalents 52,539 77,517
Securities available-for-sale, at fair value 126,005 145,893
Securities held-to-maturity, at amortized cost 37,778 38,612
Loans held for sale 2,194 1,111
Loans and leases receivable, net of allowance for loan and lease losses of $18,763 and $20,912, respectively 1,482,832 1,429,763
Premises and equipment, net 3,156 3,772
Foreclosed properties 1,069 1,472
Bank-owned life insurance 40,323 39,048
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 5,670 2,131
Goodwill and other intangible assets 12,652 12,773
Accrued interest receivable and other assets 29,848 28,607
Total assets 1,794,066 1,780,699
Liabilities and Stockholders’ Equity    
Deposits 1,394,331 1,538,855
Federal Home Loan Bank advances and other borrowings 207,898 59,676
Junior subordinated notes 10,019 10,004
Accrued interest payable and other liabilities 12,540 10,514
Total liabilities 1,624,788 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, 9,021,985 and 8,959,239 shares issued, 8,763,539 and 8,715,856 shares outstanding at December 31, 2017 and 2016, respectively 90 90
Additional paid-in capital 78,620 77,542
Retained earnings 98,906 91,317
Accumulated other comprehensive loss (1,238) (522)
Treasury stock, 258,446 and 243,383 shares at December 31, 2017 and 2016, respectively, at cost (7,100) (6,777)
Total stockholders’ equity 169,278 161,650
Total liabilities and stockholders’ equity $ 1,794,066 $ 1,780,699