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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 22,318 $ 15,026
Federal funds sold 285 546
Securities available for sale, at fair value 121,740 38,047
Securities held to maturity, at cost 13,117 15,565
Restricted equity securities, at cost 7,855 5,138
Loans held for sale 80,255 29,233
Loans, net of unearned income 460,878 414,868
Less allowance for loan losses (4,404) (3,580)
Loans, net 456,474 411,288
Premises and equipment, net 3,457 3,343
Cash surrender value of life insurance 8,871 8,455
Goodwill 3,307 2,694
Other assets 18,559 10,255
Total assets 736,238 539,590
Deposits:    
Noninterest-bearing 91,840 88,265
Interest-bearing 428,440 326,762
Total deposits 520,280 415,027
Other borrowings 129,600 73,100
Subordinated debentures, net of issuance costs 9,792 9,766
Other liabilities 10,970 2,076
Total liabilities 670,642 499,969
Stockholders' Equity:    
Common stock, no par value; 10,000,000 shares authorized; 4,346,866 and 2,792,885 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 38,731 16,453
Additional paid-in capital 252 252
Retained earnings 25,516 23,321
Accumulated other comprehensive income 876 (618)
Stockholders' Equity 65,375 39,408
Noncontrolling interest 221 213
Total stockholders' equity 65,596 39,621
Total liabilities and stockholders' equity $ 736,238 $ 539,590