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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 20,099 $ 17,059
Short-term investments 20,194 35,480
Cash and cash equivalents 40,293 52,539
Securities available-for-sale, at fair value 134,995 126,005
Securities held-to-maturity, at amortized cost 39,950 37,778
Loans held for sale 4,712 2,194
Loans and leases receivable, net of allowance for loan and lease losses of $20,455 and $18,763, respectively 1,578,152 1,482,832
Premises and equipment, net 3,247 3,156
Foreclosed properties 1,454 1,069
Bank-owned life insurance 41,212 40,323
Federal Home Loan Bank stock, at cost 6,890 5,670
Goodwill and other intangible assets 12,132 12,652
Accrued interest receivable and other assets 31,293 29,848
Total assets 1,894,330 1,794,066
Liabilities and Stockholders’ Equity    
Deposits 1,408,903 1,394,331
Federal Home Loan Bank advances and other borrowings 281,430 207,898
Junior subordinated notes 10,029 10,019
Accrued interest payable and other liabilities 16,426 12,540
Total liabilities 1,716,788 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, 9,064,784 and 9,021,985 shares issued, 8,793,941 and 8,763,539 shares outstanding at September 30, 2018 and December 31, 2017, respectively 91 90
Additional paid-in capital 79,369 78,620
Retained earnings 107,460 98,906
Accumulated other comprehensive loss (2,000) (1,238)
Treasury stock, 270,843 and 258,446 shares at September 30, 2018 and December 31, 2017, respectively, at cost (7,378) (7,100)
Total stockholders’ equity 177,542 169,278
Total liabilities and stockholders’ equity $ 1,894,330 $ 1,794,066