XML 15 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Cash and cash equivalents:    
Cash and due from banks $ 17,171 $ 11,574
Federal funds sold 49,148 24,039
Interest-bearing deposits with banks 25,846 10,939
Total cash and cash equivalents 92,165 46,552
Investment securities:    
Investment securities available for sale 67,603 64,480
Other investments 4,462 5,742
Total investment securities 72,065 70,222
Mortgage loans held for sale 11,790 7,801
Loans 1,387,070 1,163,644
Less allowance for loan losses (15,523) (14,855)
Loans, net 1,371,547 1,148,789
Bank owned life insurance 33,132 25,471
Property and equipment, net 32,234 28,362
Deferred income taxes, net 3,782 6,825
Other assets 7,910 6,886
Total assets 1,624,625 1,340,908
LIABILITIES    
Deposits 1,381,123 1,091,151
Federal Home Loan Bank advances and other borrowings 67,200 115,200
Junior subordinated debentures 13,403 13,403
Other liabilities 13,213 11,282
Total liabilities 1,474,939 1,231,036
SHAREHOLDERS' EQUITY    
Preferred stock, par value $.01 per share, 10,000,000 shares authorized
Common stock, par value $.01 per share, 10,000,000 shares authorized, 7,347,851 and 6,463,789 shares issued and outstanding at December 31, 2017 and 2016, respectively 73 65
Nonvested restricted stock (502) (600)
Additional paid-in capital 99,986 73,371
Accumulated other comprehensive income (loss) (456) (504)
Retained earnings 50,585 37,540
Total shareholders' equity 149,686 109,872
Total liabilities and shareholders' equity $ 1,624,625 $ 1,340,908