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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
 [1]
Assets    
Cash and due from banks $ 13,501 $ 11,358
Interest-bearing deposits in banks 27,762 28,628
Securities available for sale, at fair value 106,707 89,255
Securities held to maturity, at amortized cost (fair value, 2018, $44,416; 2017, $47,702) 45,701 48,208
Restricted securities, at cost 1,590 1,570
Loans held for sale 1,195 438
Loans, net of allowance for loan losses, 2018, $5,039; 2017, $5,326 525,894 516,875
Other real estate owned, net of valuation allowance, 2018, $0; 2017, $0 68 326
Premises and equipment, net 19,633 19,891
Accrued interest receivable 2,073 1,916
Bank owned life insurance 13,787 13,967
Core deposit intangibles, net 679 930
Other assets 4,774 5,748
Total assets 763,364 739,110
Deposits:    
Noninterest-bearing demand deposits 196,839 180,912
Savings and interest-bearing demand deposits 367,399 361,417
Time deposits 122,291 122,651
Total deposits 686,529 664,980
Subordinated debt 4,956 4,948
Junior subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 952 1,749
Total liabilities 701,716 680,956
Shareholders’ Equity    
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding 0 0
Common stock, par value $1.25 per share; authorized 8,000,000 shares; issued and outstanding, 2018, 4,953,356 shares; 2017, 4,945,702 shares 6,192 6,182
Surplus 7,346 7,260
Retained earnings 50,313 45,670
Accumulated other comprehensive loss, net (2,203) (958)
Total shareholders’ equity 61,648 58,154
Total liabilities and shareholders’ equity $ 763,364 $ 739,110
[1] Derived from audited consolidated financial statements.