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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 30,551 $ 9,675
Interest-bearing deposits in banks 17,539 36,110
Securities available for sale, at fair value 128,660 120,983
Securities held to maturity, at amortized cost (fair value, 2020, $17,626; 2019, $17,646) 17,086 17,627
Restricted securities, at cost 1,848 1,806
Loans held for sale 621 167
Loans, net of allowance for loan losses, 2020, $5,584; 2019, $4,934 576,283 569,412
Premises and equipment, net 19,619 19,747
Accrued interest receivable 2,124 2,065
Bank owned life insurance 17,562 17,447
Core deposit intangibles, net 118 170
Other assets 4,401 4,839
Total assets 816,412 800,048
Liabilities    
Noninterest-bearing demand deposits 197,662 189,623
Savings and interest-bearing demand deposits 407,555 399,255
Time deposits 115,410 117,564
Total deposits 720,627 706,442
Subordinated debt 4,987 4,983
Junior subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 3,001 2,125
Total liabilities 737,894 722,829
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, 2020, 4,849,692 shares; 2019, 4,969,716 shares 6,062 6,212
Surplus 5,899 7,700
Retained earnings 63,741 62,583
Accumulated other comprehensive income, net 2,816 724
Total shareholders’ equity 78,518 77,219
Total liabilities and shareholders’ equity $ 816,412 $ 800,048