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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
 [1]
Assets    
Cash and due from banks $ 15,201 $ 9,435
Interest-bearing deposits at other financial institutions 29,149 34,060
Securities held-to-maturity (fair value of $1.8 million and $1.7 million at June 30, 2019 and December 31, 2018, respectively) 1,761 1,761
Securities available-for-sale, at fair value 134,471 123,537
Restricted stock, at cost 5,379 5,299
Loans, net of allowance for loan losses of $10.0 million and $9.2 million at June 30, 2019 and December 31, 2018, respectively 1,224,376 1,127,584
Premises and equipment, net 2,049 2,271
Accrued interest receivable 4,653 4,050
Prepaid expenses 1,548 892
Deferred tax assets, net 7,857 8,591
Goodwill and intangibles, net 8,223 8,443
Bank owned life insurance (BOLI) 26,621 16,406
Other real estate owned (OREO) 3,866 4,224
Operating lease right-of-use assets 11,843  
Other assets 7,603 5,023
Total assets 1,484,600 1,351,576
Deposits:    
Noninterest-bearing 270,711 233,318
Interest-bearing checking, savings and money market 606,716 583,736
Time deposits 391,947 345,386
Total deposits 1,269,374 1,162,440
Subordinated notes, net of issuance costs 24,447 24,407
Accrued interest payable 809 811
Operating lease liabilities 12,177  
Accrued expenses and other liabilities 7,630 5,582
Total liabilities 1,314,437 1,193,240
Commitments and Contingent Liabilities
Stockholders' Equity    
Common stock, $0.01 par value 138 137
Additional paid-in capital 125,021 123,882
Retained earnings 44,653 36,728
Accumulated other comprehensive income (loss), net 351 (2,411)
Total stockholders' equity 170,163 158,336
Total liabilities and stockholders' equity $ 1,484,600 $ 1,351,576
[1] Derived from audited consolidated financial statements.