XML 21 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 10,578 $ 12,515
Interest-bearing deposits with other institutions 22,094 22,610
Federal funds sold 3,176 156
Total cash and cash equivalents 35,848 35,281
Securities available for sale, at fair value 132,566 119,262
Restricted investments 1,107 1,068
Loans 568,817 516,942
Allowance for loan losses (4,411) (4,505)
Net Loans 564,406 512,437
Bank premises and equipment, net 19,579 20,169
Other real estate owned, net of allowance 106 370
Other assets 12,139 11,562
Total assets 765,751 700,149
Liabilities and Shareholders’ Equity    
Noninterest bearing demand deposits 234,990 208,948
Savings and interest bearing demand deposits 322,948 306,847
Time deposits 105,476 88,082
Total deposits 663,414 603,877
Other liabilities 18,520 16,856
Total liabilities 681,934 620,733
Shareholders’ Equity    
Preferred stock, $10 par value; 500,000 shares authorized and unissued 0 0
Common stock, $2.50 par value; authorized 10,000,000 shares; issued and outstanding 2017, 3,449,027 including 14,401 unvested restricted stock; issued and outstanding 2016, 3,468,243 including 14,901 unvested restricted stock 8,587 8,633
Surplus 12,075 12,642
Retained earnings 62,845 58,165
Accumulated other comprehensive income (loss) 310 (24)
Total shareholders’ equity 83,817 79,416
Total liabilities and shareholders’ equity $ 765,751 $ 700,149