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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Cash and due from banks:    
Noninterest bearing deposits and cash $ 5,596 $ 3,582
Interest bearing deposits 43,636 45,659
Total cash and cash equivalents 49,232 49,241
Investment securities:    
Available-for-sale securities 40,264 25,576
Other investments, at cost 4,450 4,450
Total investment securities 44,714 30,026
Federal Reserve Bank stock, at cost 2,833 2,502
Federal Home Loan Bank stock, at cost 4,928 5,889
Loans receivable (net of allowance for loan losses: 2018: $6,605, 2017: $6,297) 756,649 713,350
Accrued interest and dividends receivable 3,612 3,496
Premises and equipment, net 35,487 35,358
Other real estate owned 991
Deferred tax asset 10,907 10,397
Goodwill 1,944
Core deposit intangible, net 717
Other assets 3,272 1,821
Total assets 915,286 852,080
Deposits:    
Noninterest bearing deposits 81,687 81,197
Interest bearing deposits 637,845 556,242
Total deposits 719,532 637,439
Federal Home Loan Bank and correspondent bank borrowings 90,000 120,000
Senior notes, net 11,759 11,703
Subordinated debt, net 9,720
Junior subordinated debt owed to unconsolidated trust 8,092 8,086
Note payable 1,436 1,580
Advances from borrowers for taxes and insurance 1,659 2,829
Accrued expenses and other liabilities 4,167 3,694
Total liabilities 846,365 785,331
Commitments and Contingencies
Shareholders' equity    
Preferred stock, no par value; 1,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $.01 par value, 100,000,000 shares authorized; 2018: 3,980,707 shares issued; 3,906,966 shares outstanding. 2017: 3,973,416 shares issued; 3,899,675 shares outstanding 40 40
Additional paid-in capital 107,038 106,875
Accumulated deficit (36,078) (38,832)
Less: Treasury stock, at cost: 2018 and 2017, 73,741 and 73,741 shares, respectively (1,179) (1,179)
Accumulated other comprehensive loss (900) (155)
Total shareholders' equity 68,921 66,749
Total liabilities and shareholders' equity $ 915,286 $ 852,080