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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Cash and non-interest bearing deposits in other banks $ 21,016 $ 25,781
Cash and due from Federal Reserve Bank 88,492 87,251
Cash and cash equivalents 109,508 113,032
Interest-bearing deposits in other banks 652 650
Investment securities available for sale (at fair value) [1] 53,461 57,491
Loans 567,240 569,759
Unearned fees and unamortized loan origination costs, net 923 1,075
Allowance for credit losses (9,007) (8,902)
Net loans 559,156 561,932
Accrued interest receivable 5,086 3,895
Premises and equipment – net 10,710 10,445
Other real estate owned 5,745 6,471
Goodwill 4,488 4,488
Cash surrender value of life insurance 19,313 19,047
Investment in limited partnerships 1,666 757
Deferred tax assets - net 3,392 3,298
Other assets 8,389 6,466
Total assets 781,566 787,972
Deposits    
Noninterest bearing 287,003 262,697
Interest bearing 379,308 413,932
Total deposits 666,311 676,629
Accrued interest payable 33 76
Accounts payable and other liabilities 6,260 5,781
Junior subordinated debentures (at fair value) 9,441 8,832
Total liabilities 682,045 691,318
Shareholders' Equity    
Common stock, no par value 20,000,000 shares authorized, 16,875,190 issued and outstanding at June 30, 2017, and 16,705,594 at December 31, 2016 57,844 56,557
Retained earnings 42,053 40,701
Accumulated other comprehensive loss (376) (604)
Total shareholders' equity 99,521 96,654
Total liabilities and shareholders' equity $ 781,566 $ 787,972
[1] Recurring