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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks, including reserve requirements of $15,715 at 9/30/16 and $14,587 at 12/31/15 $ 47,653 $ 29,194
Interest-bearing deposits 35,191 10,569
Cash and cash equivalents 82,844 39,763
Investment securities available for sale 262,423 268,530
Other investments 3,634 3,636
Total securities 266,057 272,166
Mortgage loans held for sale 2,776 4,149
Loans 713,019 689,091
Less allowance for loan losses (8,045) (9,589)
Net loans 704,974 679,502
Premises and equipment, net 16,553 16,976
Cash surrender value of life insurance 14,853 14,546
Other real estate 26 739
Accrued interest receivable and other assets 9,525 10,640
Total assets 1,097,608 1,038,481
Deposits:    
Noninterest-bearing demand 253,134 244,231
NOW, MMDA & savings 460,767 431,052
Time, $250,000 or more 26,627 26,891
Other time 121,419 130,001
Total deposits 861,947 832,175
Securities sold under agreements to repurchase 50,920 27,874
FHLB borrowings 43,500 43,500
Junior subordinated debentures 20,619 20,619
Accrued interest payable and other liabilities 9,974 9,449
Total liabilities 986,960 933,617
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 5,417,800 shares at September 30, 2016 and 5,510,538 shares at December 31, 2015 44,188 46,171
Retained earnings 59,502 53,183
Accumulated other comprehensive income 6,958 5,510
Total shareholders' equity 110,648 104,864
Total liabilities and shareholders' equity $ 1,097,608 $ 1,038,481