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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 17,682 $ 23,319
Short-term investments 38,653 63,227
Cash and cash equivalents 56,335 86,546
Securities available-for-sale, at fair value 156,783 138,358
Securities held-to-maturity, at amortized cost 35,914 37,731
Loans held for sale 5,447 5,287
Loans and leases receivable, net of allowance for loan and lease losses of $20,449 and $20,425, respectively 1,636,197 1,597,230
Premises and equipment, net 3,043 3,284
Foreclosed properties 2,547 2,547
Right-of-use assets 8,180 0
Bank-owned life insurance 41,830 41,538
Federal Home Loan Bank stock, at cost 6,635 7,240
Goodwill and other intangible assets 12,017 12,045
Accrued interest receivable and other assets 40,714 34,651
Total assets 2,005,642 1,966,457
Liabilities and Stockholders’ Equity    
Deposits 1,501,706 1,455,299
Federal Home Loan Bank advances and other borrowings 269,958 298,944
Junior subordinated notes 10,037 10,033
Lease liabilities 8,504 0
Accrued interest payable and other liabilities 30,337 21,474
Total liabilities 1,820,542 1,785,750
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, 9,118,929 and 9,069,199 shares issued, 8,765,136 and 8,785,480 shares outstanding at March 31, 2019 and December 31, 2018, respectively 91 91
Additional paid-in capital 79,941 79,623
Retained earnings 115,584 110,310
Accumulated other comprehensive loss (1,405) (1,684)
Treasury stock, 353,793 and 283,719 shares at March 31, 2019 and December 31, 2018, respectively, at cost (9,111) (7,633)
Total stockholders’ equity 185,100 180,707
Total liabilities and stockholders’ equity $ 2,005,642 $ 1,966,457