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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 50,137 $ 37,492
Federal funds sold 1,159 873
Total cash and cash equivalents 51,296 38,365
Interest-bearing time deposits 4,309 4,019
Securities - available-for-sale 222,293 168,447
Other securities, at cost 5,810 3,679
Loans held for sale 4,248 495
Loans, net 1,211,771 839,599
Premises and equipment 26,283 22,612
Construction in progress 68 3
Goodwill 47,340 4,074
Mortgage servicing rights 2,629 2,385
Other real estate owned 214 600
Bank owned life insurance 15,235 14,884
Other assets 15,834 17,001
Total Assets 1,607,330 1,116,163
Deposits    
Noninterest-bearing 265,156 215,422
Interest-bearing    
NOW accounts 423,655 298,254
Savings 322,973 227,701
Time 276,563 187,413
Total deposits 1,288,347 928,790
Federal funds purchased and securities sold under agreement to repurchase 48,073 32,181
Federal Home Loan Bank (FHLB) advances 24,806 0
Dividend payable 1,768 1,379
Accrued expenses and other liabilities 14,078 10,526
Total liabilities 1,377,072 972,876
Commitments and Contingencies
Stockholders' Equity    
Common stock - No par value 20,000,000 shares authorized; issued and outstanding 12,230,000 shares 12/31/19 and 10,400,000 shares 12/31/18 81,535 10,823
Treasury stock - 1,093,065 shares 12/31/19, 1,114,739 shares 12/31/18 (12,456) (12,409)
Retained earnings 160,081 147,887
Accumulated other comprehensive income (loss) 1,098 (3,014)
Total stockholders' equity 230,258 143,287
Total Liabilities and Stockholders' Equity $ 1,607,330 $ 1,116,163