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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks, including reserve requirements of $7,472 at 12/31/17 and $6,075 at 12/31/16 $ 53,186 $ 53,613
Interest-bearing deposits 4,118 16,481
Cash and cash equivalents 57,304 70,094
Investment securities available for sale 229,321 249,946
Other investments 1,830 2,635
Total securities 231,151 252,581
Mortgage loans held for sale 857 5,709
Loans 759,764 723,811
Less allowance for loan losses (6,366) (7,550)
Net loans 753,398 716,261
Premises and equipment, net 19,911 16,452
Cash surrender value of life insurance 15,552 14,952
Other real estate 118 283
Accrued interest receivable and other assets 13,875 11,659
Total assets 1,092,166 1,087,991
Deposits:    
Non-interest bearing demand 285,406 271,851
NOW, MMDA & savings 498,445 477,054
Time, $250,000 or more 18,756 26,771
Other time 104,345 117,242
Total deposits 906,952 892,918
Securities sold under agreements to repurchase 37,757 36,434
FHLB borrowings 0 20,000
Junior subordinated debentures 20,619 20,619
Accrued interest payable and other liabilities 10,863 10,592
Total liabilities 976,191 980,563
Commitments (Note 10)
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 5,995,256 shares at December 31, 2017 and 5,417,800 shares at December 31, 2016 62,096 44,187
Retained earnings 50,286 60,254
Accumulated other comprehensive income 3,593 2,987
Total shareholders' equity 115,975 107,428
Total liabilities and shareholders' equity $ 1,092,166 $ 1,087,991