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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 23,739 $ 14,951
Interest-bearing bank balances 25,637 32,741
Investment securities - available-for-sale 288,881 286,800
Other investments, at cost 2,062 1,992
Loans held for sale 11,937 11,155
Loans 749,529 737,028
Less, allowance for loan losses 7,694 6,627
Net loans 741,835 730,401
Property, furniture and equipment - net 34,819 35,008
Right-of-use asset 3,170 3,215
Premises held-for-sale 591 591
Bank owned life insurance 28,223 28,041
Other real estate owned 1,481 1,410
Intangible assets 1,378 1,483
Goodwill 14,637 14,637
Other assets 6,917 7,854
Total assets 1,185,307 1,170,279
Deposits:    
Non-interest bearing 291,669 289,829
Interest bearing 694,976 698,372
Total deposits 986,645 988,201
Securities sold under agreements to repurchase 46,041 33,296
Federal Home Loan Bank advances 211
Junior subordinated debt 14,964 14,964
Lease liability 3,229 3,266
Other liabilities 9,814 10,147
Total liabilities 1,060,693 1,050,085
SHAREHOLDERS' EQUITY    
Preferred stock, par value $1.00 per share; 10,000,000 shares authorized; 0 issued and outstanding
Common stock, par value $1.00 per share; 20,000,000 shares authorized; issued and outstanding 7,462,247 at March 31, 2020 7,440,026 at December 31, 2019 7,462 7,440
Nonvested restricted stock (465) (151)
Additional paid in capital 90,916 90,488
Retained earnings (deficit) 20,830 19,927
Accumulated other comprehensive income (loss) 5,871 2,490
Total shareholders' equity 124,614 120,194
Total liabilities and shareholders' equity $ 1,185,307 $ 1,170,279