XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 13,947 $ 14,900
Interest-bearing deposits with banks 368 2,274
Cash and cash equivalents 14,315 17,174
Securities available for sale, at fair value 285,706 302,564
Loans receivable 756,014 713,889
Less: Allowance for loan losses 7,760 6,463
Net loans receivable 748,254 707,426
Regulatory stock, at cost 3,115 2,119
Bank premises and equipment, net 12,922 13,531
Bank owned life insurance 36,839 36,133
Accrued interest receivable 3,729 3,643
Foreclosed real estate owned 4,243 5,302
Goodwill 11,331 11,331
Other intangibles 496 612
Deferred tax asset 8,304 8,989
Other assets 2,699 2,359
TOTAL ASSETS 1,131,953 1,111,183
LIABILITIES    
Deposits: Non-interest bearing demand 212,844 191,445
Deposits: Interest-bearing 711,178 733,940
Total deposits 924,022 925,385
Short-term borrowings 47,229 32,811
Other borrowings 31,771 32,001
Accrued interest payable 1,167 1,069
Other liabilities 10,072 8,838
TOTAL LIABILITIES 1,014,261 1,000,104
STOCKHOLDERS' EQUITY    
Common stock, $.10 par value per share, authorized 10,000,000 shares; issued 2017: 6,246,662 shares, 2016: 4,164,723 shares 625 416
Surplus 47,467 47,682
Retained earnings 71,210 67,225
Treasury stock at cost: 2017: 11,724 shares, 2016: 4,509 shares (341) (125)
Accumulated other comprehensive loss [1] (1,269) (4,119)
TOTAL STOCKHOLDERS' EQUITY 117,692 111,079
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,131,953 $ 1,111,183
[1] All amounts are net of tax. Amounts in parentheses indicate debits.