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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 16,498 $ 12,743
Federal Funds Sold 2,339  
Total cash and cash equivalents 18,837 12,743
Securities held-to-maturity (fair value of $2,684 in 2015 and $2,699 in 2014) 2,524 2,528
Securities available-for-sale, at fair value 29,448 24,395
Restricted stock, at cost 1,313 1,739
Loans, net of allowance for loan losses of $4,586 in 2015 and $4,790 in 2014 412,425 394,573
Loans held for sale 2,972 1,030
Premises and equipment, net 9,186 9,262
Interest receivable 1,216 1,246
Cash value - bank owned life insurance 9,648 9,512
Other real estate owned, net of valuation allowance 2,065 956
Income taxes receivable 1,006 945
Deferred tax assets, net 1,384 1,221
Other assets 812 715
Total assets 492,836 460,865
Deposits    
Noninterest bearing demand 83,828 74,682
NOW, money market and savings 220,092 227,761
Time 141,466 97,054
Total deposits 445,386 399,497
Federal funds purchased   3,189
FHLB borrowings   12,000
Capital notes 10,000 10,000
Interest payable 74 58
Dividends Payable 202  
Other liabilities 1,368 1,345
Total liabilities $ 457,030 $ 426,089
Stockholders' equity    
Preferred stock; authorized 1,000,000 shares; none issued and outstanding as of June 30, 2015 and December 31, 2014    
Common stock $2.14 par value; authorized 10,000,000 shares; issued and outstanding 3,371,616 as of June 20, 2015 and December 31, 2014 $ 7,215 $ 7,215
Additional paid-in-capital 22,919 22,919
Retained earnings 6,376 5,031
Accumulated other comprehensive (loss) (704) (389)
Total stockholders' equity 35,806 34,776
Total liabilities and stockholders' equity $ 492,836 $ 460,865