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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 8,247 $ 6,043
Interest-bearing deposits in banks 31,087 18,802
Securities available for sale, at fair value 105,559 83,292
Securities held to maturity, at carrying value (fair value, 2015, $66,438; 2014, $0) 66,519  
Restricted securities, at cost 1,391 1,366
Loans held for sale 323 328
Loans, net of allowance for loan losses, 2015, $5,524, 2014, $6,718 433,475 371,692
Other real estate owned, net of valuation allowance, 2015, $224, 2014, $375 2,679 1,888
Premises and equipment, net 21,389 16,126
Accrued interest receivable 1,661 1,261
Bank owned life insurance 11,742 11,357
Core deposit intangibles, net 2,322 55
Other assets 5,927 5,955
Total assets 692,321 518,165
Deposits:    
Noninterest-bearing demand deposits 157,070 104,986
Savings and interest-bearing demand deposits 328,945 237,618
Time deposits 141,101 101,734
Total deposits 627,116 444,338
Federal funds purchased   52
Other borrowings   26
Subordinated debt 4,913  
Junior subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 5,060 4,906
Total liabilities 646,368 458,601
Shareholders' Equity    
Preferred stock, $1,000 per share liquidation preference; authorized 1,000,000 shares; issued and outstanding, 2014, 14,595 shares   14,595
Common stock, par value $1.25 per share; authorized 8,000,000 shares; issued and outstanding, 2015, 4,916,130 shares, 2014, 4,904,577 shares 6,145 6,131
Surplus 6,956 6,835
Retained earnings 34,440 33,557
Accumulated other comprehensive loss, net (1,588) (1,554)
Total shareholders' equity 45,953 59,564
Total liabilities and shareholders' equity $ 692,321 $ 518,165