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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 14,900 $ 9,744
Interest bearing deposits with banks 2,274 266
Cash and cash equivalents 17,174 10,010
Securities available for sale 302,564 138,851
Loans receivable (net of allowance for loan losses 2016: $6,463; 2015: $7,298) 707,426 552,627
Regulatory stock, at cost 2,119 3,412
Premises and equipment, net 13,531 6,472
Bank owned life insurance 36,133 18,820
Accrued interest receivable 3,643 2,363
Foreclosed real estate owned 5,302 2,847
Goodwill 11,331 9,715
Other intangibles 612 285
Deferred tax asset 8,989 3,669
Other assets 2,359 1,434
Total Assets 1,111,183 750,505
LIABILITIES    
Deposits: Non-interest bearing demand 191,445 107,814
Deposits: Interest-bearing demand 93,485 52,040
Deposits: Money market deposit accounts 153,020 119,028
Deposits: Savings 191,878 75,280
Deposits: Time 295,557 196,747
Total deposits 925,385 550,909
Short-term borrowings 32,811 53,235
Other borrowings 32,001 41,126
Accrued interest payable 1,069 957
Other liabilities 8,838 3,280
Total Liabilities 1,000,104 649,507
STOCKHOLDERS' EQUITY    
Common stock, $.10 par value per share, authorized 10,000,000 shares, issued 2016: 4,164,723 shares, 2015: 3,724,668 shares 416 373
Surplus 47,682 35,351
Retained earnings 67,225 65,412
Treasury stock at cost: 2016: 4,509 shares, 2015: 23,311 shares (125) (626)
Accumulated other comprehensive income (loss) [1] (4,119) 488
Total Stockholders' Equity 111,079 100,998
Total Liabilities and Stockholders' Equity $ 1,111,183 $ 750,505
[1] All amounts are net of tax. Amounts in parentheses indicate debits.