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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks, including reserve requirements of $14,288 at 6/30/16 and $14,587 at 12/31/15 $ 47,524 $ 29,194
Interest-bearing deposits 17,150 10,569
Cash and cash equivalents 64,674 39,763
Investment securities available for sale 265,114 268,530
Other investments 3,634 3,636
Total securities 268,748 272,166
Mortgage loans held for sale 3,024 4,149
Loans 702,031 689,091
Less allowance for loan losses (8,540) (9,589)
Net loans 693,491 679,502
Premises and equipment, net 16,209 16,976
Cash surrender value of life insurance 14,753 14,546
Other real estate 235 739
Accrued interest receivable and other assets 9,215 10,640
Total assets 1,070,349 1,038,481
Deposits:    
Noninterest-bearing demand 238,542 244,231
NOW, MMDA & savings 452,247 431,052
Time, $250,000 or more 25,675 26,891
Other time 124,936 130,001
Total deposits 841,400 832,175
Securities sold under agreements to repurchase 42,715 27,874
FHLB borrowings 43,500 43,500
Junior subordinated debentures 20,619 20,619
Accrued interest payable and other liabilities 10,331 9,449
Total liabilities 958,565 933,617
Commitments  
Shareholders' equity:    
Series A preferred stock, $1,000 stated value; authorized 5,000,000 shares; no shares issued and outstanding 0 0
Common stock, no par value; authorized 20,000,000 shares; issued and outstanding 5,510,538 shares at June 30, 2016 and December 31, 2015 46,171 46,171
Retained earnings 57,594 53,183
Accumulated other comprehensive income 8,019 5,510
Total shareholders' equity 111,784 104,864
Total liabilities and shareholders' equity $ 1,070,349 $ 1,038,481