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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Noninterest-bearing $ 17,667,000 $ 20,970,000
Interest-bearing 17,535,000 16,517,000
Total cash and due from banks 35,202,000 37,487,000
Available-for-sale debt securities, at fair value 346,723,000 363,273,000
Marketable equity security 979,000 950,000
Loans held for sale 767,000 213,000
Loans receivable 1,182,222,000 827,563,000
Allowance for loan losses (9,836,000) (9,309,000)
Loans, net 1,172,386,000 818,254,000
Bank-owned life insurance 18,641,000 19,035,000
Accrued interest receivable 5,001,000 3,968,000
Bank premises and equipment, net 17,170,000 14,592,000
Foreclosed assets held for sale 2,886,000 1,703,000
Deferred tax asset, net 2,618,000 4,110,000
Goodwill 28,388,000 11,942,000
Core deposit intangibles 1,247,000 9,000
Other assets 22,137,000 15,357,000
TOTAL ASSETS 1,654,145,000 1,290,893,000
LIABILITIES    
Noninterest-bearing 285,904,000 272,520,000
Interest-bearing 966,756,000 761,252,000
Total deposits 1,252,660,000 1,033,772,000
Short-term borrowings 86,220,000 12,853,000
Long-term borrowings 52,127,000 35,915,000
Subordinated debt 6,500,000 0
Accrued interest and other liabilities 12,186,000 10,985,000
TOTAL LIABILITIES 1,409,693,000 1,093,525,000
STOCKHOLDERS' EQUITY    
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued 0 0
Common stock, par value $1.00 per share; authorized 20,000,000 shares; issued 13,934,996 and outstanding 13,716,445 at December 31, 2019; issued 12,655,171 and outstanding 12,319,330 at December 31, 2018 13,935,000 12,655,000
Paid-in capital 104,519,000 72,602,000
Retained earnings 126,480,000 122,643,000
Treasury stock, at cost; 218,551 shares at December 31, 2019 and 335,841 shares at December 31, 2018 (4,173,000) (6,362,000)
Accumulated other comprehensive income (loss) 3,691,000 (4,170,000)
TOTAL STOCKHOLDERS' EQUITY 244,452,000 197,368,000
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ 1,654,145,000 $ 1,290,893,000