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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks, including reserve requirements of $12,254 at 09/30/19 and $8,918 at 12/31/18 $ 48,605 $ 40,553
Interest-bearing deposits 80,948 2,817
Cash and cash equivalents 129,553 43,370
Investment securities available for sale 186,263 194,578
Other investments 7,239 4,361
Total securities 193,502 198,939
Mortgage loans held for sale 4,263 680
Loans 845,599 804,023
Less allowance for loan losses (6,578) (6,445)
Net loans 839,021 797,578
Premises and equipment, net 18,730 18,450
Cash surrender value of life insurance 16,222 15,936
Other real estate 26 27
Right of use lease asset 3,816 0
Accrued interest receivable and other assets 18,066 18,271
Total assets 1,223,199 1,093,251
Deposits:    
Noninterest-bearing demand 339,081 298,817
NOW, MMDA & savings 509,611 475,223
Time, $250,000 or more 33,082 16,239
Other time 79,794 86,934
Total deposits 961,568 877,213
Securities sold under agreements to repurchase 21,927 58,095
FHLB borrowings 70,000 0
Junior subordinated debentures 20,619 20,619
Lease liability 3,835 0
Accrued interest payable and other liabilities 12,567 13,707
Total liabilities 1,090,516 969,634
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 5,933,140 shares at June 30, 2019 and 5,995,256 shares December 31, 2018 59,813 62,096
Retained earnings 68,528 60,535
Accumulated other comprehensive income 4,342 986
Total shareholders' equity 132,683 123,617
Total liabilities and shareholders' equity $ 1,223,199 $ 1,093,251