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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
[1]
Assets    
Cash and due from banks $ 10,593 $ 10,106
Interest-bearing deposits in banks 35,246 30,986
Securities available for sale, at fair value 91,907 94,802
Securities held to maturity, at amortized cost (fair value, 2017, $51,608; 2016, $52,709) 51,999 53,398
Restricted securities, at cost 1,570 1,548
Loans held for sale 337
Loans, net of allowance for loan losses, 2017, $5,451; 2016, $5,321 492,319 480,746
Other real estate owned, net of valuation allowance, 2017, $0; 2016, $0 250 250
Premises and equipment, net 20,709 20,785
Accrued interest receivable 1,753 1,746
Bank owned life insurance 14,013 13,928
Core deposit intangibles, net 1,382 1,551
Other assets 5,555 5,817
Total assets 727,296 716,000
Deposits:    
Noninterest-bearing demand deposits 173,963 168,076
Savings and interest-bearing demand deposits 353,958 349,067
Time deposits 126,848 128,427
Total deposits 654,769 645,570
Subordinated debt 4,934 4,930
Junior subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 4,336 4,070
Total liabilities 673,318 663,849
Shareholders' Equity    
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding
Common stock, par value $1.25 per share; authorized 8,000,000 shares; issued and outstanding, 2017, 4,940,766 shares; 2016, 4,929,403 shares 6,176 6,162
Surplus 7,155 7,093
Retained earnings 41,126 39,756
Accumulated other comprehensive loss, net (479) (860)
Total shareholders' equity 53,978 52,151
Total liabilities and shareholders' equity $ 727,296 $ 716,000
[1] Derived from audited consolidated financial statements.