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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Cash and cash equivalents:    
Cash and due from banks $ 17,521 $ 19,196
Federal funds sold 40,277 89,256
Interest-bearing deposits with banks 83,314 19,364
Total cash and cash equivalents 141,112 127,816
Investment securities:    
Investment securities available for sale 70,507 67,694
Other investments 5,341 6,948
Total investment securities 75,848 74,642
Mortgage loans held for sale 34,948 27,046
Loans 2,030,261 1,943,525
Less allowance for loan losses (22,462) (16,642)
Loans, net 2,007,799 1,926,883
Bank owned life insurance 40,281 40,011
Property and equipment, net 58,656 58,478
Deferred income taxes 4,087 4,275
Other assets 9,518 8,044
Total assets 2,372,249 2,267,195
LIABILITIES    
Deposits 2,025,698 1,876,124
Federal Home Loan Bank advances and other borrowings 65,000 110,000
Subordinated debentures 35,917 35,890
Other liabilities 35,159 39,321
Total liabilities 2,161,774 2,061,335
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, 7,717,582 and 7,672,678 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 77 77
Nonvested restricted stock (1,105) (803)
Additional paid-in capital 107,529 106,152
Accumulated other comprehensive income (loss) 410 (298)
Retained earnings 103,564 100,732
Total shareholders' equity 210,475 205,860
Total liabilities and shareholders' equity $ 2,372,249 $ 2,267,195