XML 19 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 21,744 $ 23,319
Short-term investments 24,131 63,227
Cash and cash equivalents 45,875 86,546
Securities available-for-sale, at fair value 158,933 138,358
Securities held-to-maturity, at amortized cost 34,519 37,731
Loans held for sale 4,786 5,287
Loans and leases receivable, net of allowance for loan and lease losses of $19,819 and $20,425, respectively 1,700,157 1,597,230
Premises and equipment, net 2,866 3,284
Foreclosed properties 2,660 2,547
Right-of-use assets 7,853 0
Bank-owned life insurance 42,127 41,538
Federal Home Loan Bank stock, at cost 6,720 7,240
Goodwill and other intangible assets 12,000 12,045
Accrued interest receivable and other assets 51,808 34,651
Total assets 2,070,304 1,966,457
Liabilities and Stockholders’ Equity    
Deposits 1,529,645 1,455,299
Federal Home Loan Bank advances and other borrowings 297,972 298,944
Junior subordinated notes 10,040 10,033
Lease liabilities 8,187 0
Accrued interest payable and other liabilities 35,605 21,474
Total liabilities 1,881,449 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, 9,150,080 and 9,069,199 shares issued, 8,699,456 and 8,785,480 shares outstanding at June 30, 2019 and December 31, 2018, respectively 91 91
Additional paid-in capital 80,351 79,623
Retained earnings 120,841 110,310
Accumulated other comprehensive loss (1,086) (1,684)
Treasury stock, 450,624 and 283,719 shares at June 30, 2019 and December 31, 2018, respectively, at cost (11,342) (7,633)
Total stockholders’ equity 188,855 180,707
Total liabilities and stockholders’ equity $ 2,070,304 $ 1,966,457