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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 19,134 $ 19,207
Interest-bearing deposits in other banks 12,079 860
Securities available for sale 317,416  
Securities available for sale   297,199
Securities to be held to maturity (fair value of $250,900,000 at December 31, 2018, and $259,655,000 at December 31, 2017) 255,663 256,567
Restricted equity securities, at cost 11,586 10,358
Loans held for sale 0 386
Loans 1,238,283 1,164,139
Less allowance for loan losses 11,232 10,729
Net loans 1,227,051 1,153,410
Accrued interest receivable 6,660 5,867
Premises and equipment, net 22,056 22,502
Other real estate owned 584 1,012
Goodwill 29,805 29,805
Other assets 42,536 45,757
Total assets 1,944,570 1,842,930
Liabilities    
Demand deposits 163,575 145,332
NOW deposits 382,923 318,043
Money market deposits 152,043 163,898
Savings deposits 237,135 232,605
Certificates of deposit 591,409 559,001
Total deposits 1,527,085 1,418,879
Borrowed funds – short term 145,205 113,638
Borrowed funds – long term 65,112 115,120
Other liabilities 15,626 13,972
Total liabilities 1,753,028 1,661,609
Commitments and contingent liabilities
Shareholders' equity    
Common stock, one cent par value per share 109 108
Additional paid-in capital 62,746 61,747
Retained earnings 132,460 121,144
Accumulated other comprehensive income (loss)    
Net unrealized loss on securities available for sale (5,051) (2,901)
Net unrealized loss on securities transferred from available for sale to held to maturity (197) (174)
Net unrealized gain on cash flow hedging derivative instruments 1,438 1,544
Net unrecognized gain (loss) on postretirement benefit costs 37 (147)
Total shareholders' equity 191,542 181,321
Total liabilities and shareholders' equity $ 1,944,570 $ 1,842,930
Common stock    
Number of shares authorized (in shares) 18,000,000 18,000,000
Number of shares issued (in shares) 10,862,651 10,829,918
Number of shares outstanding (in shares) 10,862,651 10,829,918
Book value per common share (usd per share) $ 17.63 $ 16.74
Tangible book value per common share (usd per share) $ 14.87 $ 13.97