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Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 16,206,000 $ 15,952,000
Federal Funds Sold 9,725,000 12,703,000
Total cash and cash equivalents 25,931,000 28,655,000
Securities held-to-maturity (fair value of $3,425 in 2016 and $2,649 in 2015) 3,304,000 2,519,000
Securities available-for-sale, at fair value 39,922,000 35,996,000
Restricted stock, at cost 1,373,000 1,313,000
Loans, net of allowance for loan losses of $4,953 in 2016 and $4,683 in 2015 457,136,000 430,445,000
Loans held for sale 3,048,000 1,964,000
Premises and equipment, net 10,180,000 10,007,000
Interest receivable 1,307,000 1,248,000
Cash value - bank owned life insurance 12,586,000 9,781,000
Other real estate owned, net of valuation allowance 2,370,000 1,965,000
Income taxes receivable 1,226,000 1,096,000
Deferred tax asset, net 1,083,000 1,399,000
Other assets 486,000 755,000
Total assets 559,952,000 527,143,000
Deposits    
Noninterest bearing demand 102,547,000 91,325,000
NOW, money market and savings 240,885,000 232,864,000
Time 163,965,000 143,421,000
Total deposits 507,397,000 467,610,000
Capital notes   10,000,000
Interest payable 77,000 61,000
Other liabilities 1,463,000 1,276,000
Total liabilities 508,937,000 478,947,000
Commitments and Contingencies
Stockholders' equity    
Preferred stock; authorized 1,000,000 shares; none issued and outstanding as of September 30, 2016 and December 31, 2015
Common stock $2.14 par value; authorized 10,000,000 shares; issued and outstanding 4,378,436 as of September 30, 2016 and December 31, 2015 9,370,000 9,370,000
Additional paid-in-capital 31,495,000 31,495,000
Retained earnings 10,126,000 7,920,000
Accumulated other comprehensive income (loss) 24,000 (589,000)
Total stockholders' equity 51,015,000 48,196,000
Total liabilities and stockholders' equity $ 559,952,000 $ 527,143,000