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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash & due from banks $ 48,329 $ 26,616
Securities available for sale, at fair value 91,987 82,790
Other securities - FRB and FHLB Stock 3,748 3,748
Loans held for sale 8,893 3,940
Loans, net of unearned income 707,207 696,615
Allowance for loan losses (8,219) (7,930)
Premises and equipment, net 21,776 21,277
Cash surrender value of life insurance 16,567 16,479
Goodwill & other intangibles 16,409 16,411
Foreclosed assets held for sale, net 70 26
Mortgage servicing rights 10,196 9,907
Accrued interest receivable 1,925 1,825
Other assets 6,753 4,923
Total assets 925,641 876,627
Deposits    
Non interest bearing demand 132,919 135,592
Interest bearing demand 137,893 131,079
Savings 116,820 103,267
Money market 143,679 141,844
Time deposits 217,484 217,818
Total deposits 748,795 729,600
Repurchase agreements 14,505 15,082
Advances from Federal Home Loan Bank 18,500 18,500
Trust preferred securities 10,310 10,310
Accrued interest payable 633 592
Other liabilities 9,999 8,543
Total liabilities 802,742 782,627
Commitments & Contingent Liabilities
Stockholders' Equity    
Preferred stock, Series A 13,983 13,983
Common stock 40,481 12,569
Additional paid-in capital 15,189 15,405
Retained earnings 57,162 55,439
Accumulated other comprehensive income (941) (141)
Treasury stock, at cost (2,975) (3,255)
Total stockholders' equity 122,899 94,000
Total liabilities and stockholders' equity $ 925,641 $ 876,627