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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 15,330 $ 14,951
Interest-bearing bank balances 77,608 32,741
Federal funds sold and securities purchased under agreements to resell 58
Investment securities available-for-sale 295,919 286,800
Other investments, at cost 2,053 1,992
Loans held-for-sale 33,496 11,155
Loans 817,372 737,028
Less, allowance for loan losses 8,936 6,627
Net loans 808,436 730,401
Property, furniture and equipment - net 34,728 35,008
Lease right-of-use asset 3,124 3,215
Premises held-for-sale 591 591
Bank owned life insurance 28,406 28,041
Other real estate owned 1,449 1,410
Intangible assets 1,283 1,483
Goodwill 14,637 14,637
Other assets 7,682 7,854
Total assets 1,324,800 1,170,279
Deposits:    
Non-interest bearing 371,585 289,829
Interest bearing 747,287 698,372
Total deposits 1,118,872 988,201
Securities sold under agreements to repurchase 45,651 33,296
Federal Home Loan Bank advances 211
Junior subordinated debt 14,964 14,964
Lease liability 3,192 3,266
Other liabilities 11,320 10,147
Total liabilities 1,193,999 1,050,085
SHAREHOLDERS’ EQUITY    
Preferred stock, par value $1.00 per share, 10,000,000 shares authorized; none issued and outstanding
Common stock, par value $1.00 per share; 20,000,000 shares authorized; issued and outstanding 7,486,151 at June 30, 2020 7,440,026 at December 31, 2019 7,486 7,440
Nonvested restricted stock (396) (151)
Additional paid in capital 91,184 90,488
Retained earnings 22,155 19,927
Accumulated other comprehensive income 10,372 2,490
Total shareholders’ equity 130,801 120,194
Total liabilities and shareholders’ equity $ 1,324,800 $ 1,170,279