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CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Cash and due from banks:    
Noninterest-bearing $ 19,543 $ 17,727
Interest-bearing 19,487 793
Total cash and cash equivalents 39,030 18,520
Interest bearing time deposits with other banks 14,256 14,256
Equity securities 703 701
Available-for-sale securities 272,360 240,706
Loans held for sale 17,468 815
Loans (net of allowance for loan losses: 2020, $14,827 and 2019, $13,845) 1,348,806 1,101,724
Premises and equipment 17,832 15,933
Accrued interest receivable 5,950 4,555
Goodwill [1] 31,376 23,296
Bank owned life insurance 32,228 28,128
Other intangibles 1,421 1,346
Other investment sale receivable 0 0
Other assets 18,686 16,359
TOTAL ASSETS 1,800,116 1,466,339
Deposits:    
Noninterest-bearing 278,612 203,793
Interest-bearing 1,234,672 1,007,325
Total deposits 1,513,284 1,211,118
Borrowed funds 85,135 85,117
Accrued interest payable 888 1,088
Other liabilities 17,714 14,242
TOTAL LIABILITIES 1,617,021 1,311,565
STOCKHOLDERS' EQUITY:    
Preferred Stock $1.00 par value; authorized 3,000,000 shares at June 30, 2020 and December 31, 2019; none issued in 2020 or 2019 0 0
Common stock $1.00 par value; authorized 25,000,000 shares at June 30, 2020 and December 31, 2019; issued 4,350,342 at June 30, 2020 and 3,938,668 at December 31, 2019 4,350 3,939
Additional paid-in capital 75,863 55,089
Retained earnings 115,000 110,800
Accumulated other comprehensive income (loss) 2,907 (629)
Treasury stock, at cost: 424,597 shares at June 30, 2020 and 413,607 shares at December 31, 2019 (15,025) (14,425)
TOTAL STOCKHOLDERS' EQUITY 183,095 154,774
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,800,116 $ 1,466,339
[1] Excludes fully amortized intangible assets