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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
[1]
Assets    
Cash and due from banks $ 10,862 $ 13,378
Interest-bearing deposits in banks 31,833 15,240
Securities available for sale, at fair value 121,202 99,857
Securities held to maturity, at amortized cost (fair value, 2019, $19,190; 2018, $42,394) 19,489 43,408
Restricted securities, at cost 1,701 1,688
Loans held for sale 200 419
Loans, net of allowance for loan losses, 2019, $4,946; 2018, $5,009 545,529 537,847
Premises and equipment, net 20,282 20,066
Accrued interest receivable 2,143 2,113
Bank owned life insurance 17,094 13,991
Core deposit intangibles, net 382 472
Other assets 4,361 4,490
Total assets 775,078 752,969
Deposits:    
Noninterest-bearing demand deposits 189,261 181,964
Savings and interest-bearing demand deposits 377,673 369,383
Time deposits 117,290 119,219
Total deposits 684,224 670,566
Other borrowings 5,000 0
Subordinated debt 4,969 4,965
Junior subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 1,878 1,485
Total liabilities 705,350 686,295
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, 2019, 4,963,487 shares; 2018, 4,957,694 shares 6,204 6,197
Surplus 7,515 7,471
Retained earnings 56,629 54,814
Accumulated other comprehensive loss, net (620) (1,808)
Total shareholders’ equity 69,728 66,674
Total liabilities and shareholders’ equity $ 775,078 $ 752,969
[1] Derived from audited consolidated financial statements.