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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 22,232 $ 17,059
Short-term investments 39,090 35,480
Cash and cash equivalents 61,322 52,539
Securities available-for-sale, at fair value 127,961 126,005
Securities held-to-maturity, at amortized cost 41,885 37,778
Loans held for sale 3,429 2,194
Loans and leases receivable, net of allowance for loan and lease losses of $18,638 and $18,763, respectively 1,544,852 1,482,832
Premises and equipment, net 3,247 3,156
Foreclosed properties 1,484 1,069
Bank-owned life insurance 40,614 40,323
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 8,650 5,670
Goodwill and other intangible assets 12,579 12,652
Accrued interest receivable and other assets 32,194 29,848
Total assets 1,878,217 1,794,066
Liabilities and Stockholders’ Equity    
Deposits 1,371,158 1,394,331
Federal Home Loan Bank advances and other borrowings 308,912 207,898
Junior subordinated notes 10,022 10,019
Accrued interest payable and other liabilities 16,645 12,540
Total liabilities 1,706,737 1,624,788
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, 9,023,040 and 9,021,985 shares issued, 8,764,420 and 8,763,539 shares outstanding at March 31, 2018 and December 31, 2017, respectively 90 90
Additional paid-in capital 78,906 78,620
Retained earnings 101,329 98,906
Accumulated other comprehensive loss (1,741) (1,238)
Treasury stock, 258,620 and 258,446 shares at March 31, 2018 and December 31, 2017, respectively, at cost (7,104) (7,100)
Total stockholders’ equity 171,480 169,278
Total liabilities and stockholders’ equity $ 1,878,217 $ 1,794,066