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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
[1]
Assets    
Cash and due from banks $ 12,354 $ 13,378
Interest-bearing deposits in banks 10,716 15,240
Securities available for sale 119,510 99,857
Securities held to maturity, at amortized cost (fair value, 2019, $18,796; 2018, $42,394) 18,828 43,408
Restricted securities 1,701 1,688
Loans held for sale 675 419
Loans, net of allowance for loan losses, 2019, $4,995; 2018, $5,009 569,959 537,847
Premises and equipment, net 20,182 20,066
Accrued interest receivable 2,163 2,113
Bank owned life insurance 17,193 13,991
Core deposit intangibles, net 302 472
Other assets 4,801 4,490
Total assets 778,384 752,969
Liabilities    
Noninterest-bearing demand deposits 186,553 181,964
Savings and interest-bearing demand deposits 385,399 369,383
Time deposits 117,863 119,219
Total deposits 689,815 670,566
Subordinated debt 4,974 4,965
Junior subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 1,507 1,485
Total liabilities 705,575 686,295
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, 2019, 4,964,824 shares; 2018, 4,957,694 shares 6,206 6,197
Surplus 7,566 7,471
Retained earnings 58,268 54,814
Accumulated other comprehensive income (loss), net 769 (1,808)
Total shareholders’ equity 72,809 66,674
Total liabilities and shareholders’ equity $ 778,384 $ 752,969
[1] Derived from audited consolidated financial statements.