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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 19,404 $ 9,744
Interest bearing deposits with banks 13,729 266
Cash and cash equivalents 33,133 10,010
Securities available for sale, at fair value 310,126 138,851
Loans receivable 706,199 559,925
Less: Allowance for loan losses 6,164 7,298
Net loans receivable 700,035 552,627
Regulatory stock, at cost 2,351 3,412
Bank premises and equipment, net 13,617 6,472
Bank owned life insurance 35,889 18,820
Accrued interest receivable 3,541 2,363
Foreclosed real estate owned 5,386 2,847
Goodwill 11,679 9,715
Other intangibles 652 285
Deferred tax asset 5,560 3,669
Other assets 3,088 1,434
Total Assets 1,125,057 750,505
LIABILITIES    
Deposits: Non-interest bearing demand 200,481 107,814
Deposits: Interest-bearing 721,763 443,095
Total deposits 922,244 550,909
Short-term borrowings 33,156 53,235
Other borrowings 34,294 41,126
Junior subordinated debentures 8,248 0
Accrued interest payable 1,040 957
Other liabilities 10,375 3,280
Total Liabilities 1,009,357 649,507
STOCKHOLDERS' EQUITY    
Common stock, $.10 par value per share, authorized 10,000,000 shares, issued 2016: 4,156,273 shares, 2015: 3,724,668 shares 416 373
Surplus 47,576 35,351
Retained earnings 66,210 65,412
Treasury stock at cost: 2016: 32,797 shares, 2015: 23,311 shares (908) (626)
Accumulated other comprehensive income 2,406 488
Total Stockholders' Equity 115,700 100,998
Total Liabilities and Stockholders' Equity $ 1,125,057 $ 750,505