XML 49 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks, including reserve requirements of $13,210 at 12/31/19 and $8,918 at 12/31/18 $ 48,337 $ 40,553
Interest-bearing deposits 720 2,817
Federal funds sold 3,330 0
Cash and cash equivalents 52,387 43,370
Investment securities available for sale 195,746 194,578
Other investments 4,231 4,361
Total securities 199,977 198,939
Mortgage loans held for sale 4,417 680
Loans 849,874 804,023
Less allowance for loan losses (6,680) (6,445)
Net loans 843,194 797,578
Premises and equipment, net 18,604 18,450
Cash surrender value of life insurance 16,319 15,936
Other real estate 0 27
Right of use lease asset 3,622 0
Accrued interest receivable and other assets 16,362 18,271
Total assets 1,154,882 1,093,251
Deposits:    
Non-interest bearing demand 338,004 298,817
NOW, MMDA & savings 516,757 475,223
Time, $250,000 or more 34,269 16,239
Other time 77,487 86,934
Total deposits 966,517 877,213
Securities sold under agreements to repurchase 24,221 58,095
Junior subordinated debentures 15,619 20,619
Lease liability 3,647 0
Accrued interest payable and other liabilities 10,758 13,707
Total liabilities 1,020,762 969,634
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 5,912,300 shares at December 31, 2019 and 5,995,256 and December 31, 2018 59,813 62,096
Retained earnings 70,663 60,535
Accumulated other comprehensive income 3,644 986
Total shareholders' equity 134,120 123,617
Total liabilities and shareholders' equity $ 1,154,882 $ 1,093,251