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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 18,187 $ 13,694
Investment securities available-for-sale, at fair value 306,825 362,998
Bank stocks, at cost 3,346 3,109
Loans, net of allowance for loans losses of $7,747 at June 30, 2020 and $6,467 at December 31, 2019 689,626 532,180
Loans held for sale, at fair value 20,473 8,497
Premises and equipment, net 20,844 21,133
Bank owned life insurance 25,117 24,809
Goodwill 17,532 17,532
Other intangible assets, net 3,097 2,829
Real estate owned, net 314 290
Accrued interest and other assets 13,576 11,394
Total assets 1,118,937 998,465
Deposits:    
Non-interest-bearing demand 277,574 182,717
Money market and checking 431,805 405,746
Savings 116,348 99,522
Time 118,477 147,063
Total deposits 944,204 835,048
Federal Home Loan Bank borrowings 8,000 3,000
Subordinated debentures 21,651 21,651
Other borrowings 10,192 17,548
Accrued interest, taxes, and other liabilities 17,610 12,611
Total liabilities 1,001,657 889,858
Stockholders’ equity:    
Preferred stock, $0.01 par value per share, 200,000 shares authorized; none issued
Common stock, $0.01 par value per share, 7,500,000 shares authorized; 4,600,532 and 4,597,396 shares issued at June 30, 2020 and December 31, 2019, respectively 46 46
Additional paid-in capital 69,224 69,029
Retained earnings 40,938 34,293
Treasury stock, at cost: 106,894 and 0 shares at June 30, 2020 and December 31,2019, respectively (2,349)
Accumulated other comprehensive income 9,421 5,239
Total stockholders’ equity 117,280 108,607
Total liabilities and stockholders’ equity $ 1,118,937 $ 998,465