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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and non-interest bearing deposits in other banks $ 23,458 $ 21,348
Cash and due from Federal Reserve Bank 92,930 82,229
Cash and cash equivalents 116,388 103,577
Interest-bearing deposits in other banks 1,526 1,522
Investment securities available for sale (at fair value) [1] 34,423 48,301
Loans 515,701 457,919
Unearned fees and unamortized loan origination costs, net 145 (324)
Allowance for credit losses (11,573) (10,771)
Net loans 504,273 446,824
Accrued interest receivable 2,172 1,927
Premises and equipment – net 10,944 11,550
Other real estate owned 12,689 14,010
Goodwill 4,488 4,488
Cash surrender value of life insurance 18,106 17,717
Investment in limited partnerships 929 871
Deferred income taxes - net 6,712 6,853
Other assets 5,749 5,529
Total assets 718,399 663,169
Deposits    
Noninterest bearing 258,678 215,439
Interest bearing 357,957 349,934
Total deposits 616,635 565,373
Accrued interest payable 30 40
Accounts payable and other liabilities 5,834 4,815
Junior subordinated debentures (at fair value) 7,880 10,115
Total liabilities 630,379 580,343
Shareholders' Equity    
Common stock, no par value 20,000,000 shares authorized, 15,892,488 issued and outstanding at September 30, 2015, and 15,425,086 at December 31, 2014 51,726 49,271
Retained earnings 36,472 33,730
Accumulated other comprehensive loss (178) (175)
Total shareholders' equity 88,020 82,826
Total liabilities and shareholders' equity $ 718,399 $ 663,169
[1] Recurring