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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 23,319 $ 17,059
Short-term investments 63,227 35,480
Cash and cash equivalents 86,546 52,539
Securities available-for-sale, at fair value 138,358 126,005
Securities held-to-maturity, at amortized cost 37,731 37,778
Loans held for sale 5,287 2,194
Loans and leases receivable, net of allowance for loan and lease losses of $20,425 and $18,763, respectively 1,597,230 1,482,832
Premises and equipment, net 3,284 3,156
Foreclosed properties 2,547 1,069
Bank-owned life insurance 41,538 40,323
Federal Home Loan Bank stock, at cost 7,240 5,670
Goodwill and other intangible assets 12,045 12,652
Accrued interest receivable and other assets 34,651 29,848
Total assets 1,966,457 1,794,066
Liabilities and Stockholders’ Equity    
Deposits 1,455,299 1,394,331
Federal Home Loan Bank advances and other borrowings 298,944 207,898
Junior subordinated notes 10,033 10,019
Accrued interest payable and other liabilities 21,474 12,540
Total liabilities 1,785,750 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, 9,069,199 and 9,021,985 shares issued, 8,785,480 and 8,763,539 shares outstanding at December 31, 2018 and 2017, respectively 91 90
Additional paid-in capital 79,623 78,620
Retained earnings 110,310 98,906
Accumulated other comprehensive loss (1,684) (1,238)
Treasury stock, 283,719 and 258,446 shares at December 31, 2018 and 2017, respectively, at cost (7,633) (7,100)
Total stockholders’ equity 180,707 169,278
Total liabilities and stockholders’ equity $ 1,966,457 $ 1,794,066