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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 49,824 $ 48,363
Available-for-sale securities 77,029 90,969
Loans held for sale 13,655 4,445
Loans, net of unearned income 823,367 771,883
Allowance for loan losses (8,492) (8,167)
Premises and equipment, net 23,898 22,084
Federal Reserve and Federal Home Loan Bank Stock, at cost 4,648 4,123
Foreclosed assets held for sale, net 489 131
Interest receivable 3,176 2,822
Goodwill and other intangibles 17,834 16,401
Cash value of life insurance 17,137 16,834
Mortgage servicing rights 10,447 11,365
Other assets 9,749 5,575
Total assets 1,042,761 986,828
Deposits    
Non interest bearing demand 152,932 144,592
Interest bearing demand 131,655 130,628
Savings 121,991 104,444
Money market 173,237 181,426
Time deposits 268,139 241,462
Total deposits 847,954 802,552
Repurchase agreements 14,659 15,184
Federal Home Loan Bank advances 16,000 16,000
Trust preferred securities 10,310 10,310
Interest payable 1,391 909
Other liabilities 18,201 11,438
Total liabilities 908,515 856,393
Commitments & Contingent Liabilities
Shareholders' Equity    
Preferred stock, no par value; authorized 200,000 shares; 2019 - 14,306 shares outstanding, 2018 - 14,995 shares outstanding 13,241 13,979
Common stock, no par value; authorized 10,000,000 shares; 2019 - 6,763,362 shares issued, 2018 - 6,694,598 shares issued 41,223 40,485
Additional paid-in capital 15,219 15,226
Retained earnings 70,184 64,012
Accumulated other comprehensive income (loss) 900 (552)
Treasury stock, at cost; (2019 - 406,221 common shares, 2018 - 191,348 common shares) (6,521) (2,715)
Total shareholders' equity 134,246 130,435
Total liabilities and shareholders' equity $ 1,042,761 $ 986,828