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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 27,956 $ 57,941
Interest-bearing deposits in other financial institutions 100 100
Securities available for sale 11,878 14,058
Loans held for sale, at fair value 3,509 2,812
Loans and leases, net of allowance of $6,964 and $6,925 387,749 346,125
FHLB and FRB stock 3,227 1,942
Foreclosed assets, net   204
Premises and equipment, net 3,572 3,429
Bank owned life insurance 5,030 4,930
Accrued interest receivable and other assets 5,880 4,571
Total assets 448,901 436,112
Deposits    
Noninterest bearing 76,445 72,779
Interest bearing 304,508 302,585
Total deposits 380,953 375,364
FHLB advances 19,000 13,500
Advances by borrowers for taxes and insurance 182 408
Accrued interest payable and other liabilities 3,061 2,393
Subordinated debentures 5,155 5,155
Total liabilities 408,351 396,820
Commitments and contingent liabilities
Stockholders' equity    
Common stock, $.01 par value; shares authorized: 50,000,000; shares issued: 16,413,584 at September 30, 2017 and 16,427,917 at December 31, 2016 164 164
Series B Preferred stock, $0.01 par value; 480,000 shares authorized; 480,000 issued at September 30, 2017 and December 31, 2016 5 5
Additional paid-in capital 60,425 60,163
Accumulated deficit (16,765) (17,767)
Accumulated other comprehensive income (loss) (4) 2
Treasury stock, at cost; 133,007 shares of common stock at September 30, 2017 and December 31, 2016 (3,275) (3,275)
Total stockholders' equity 40,550 39,292
Total liabilities and stockholder's equity $ 448,901 $ 436,112