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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 16,938 $ 15,952
Federal Funds Sold 11,745 12,703
Total cash and cash equivalents 28,683 28,655
Securities held-to-maturity (fair value of $3,273 in 2016 and $2,649 in 2015) 3,299 2,519
Securities available-for-sale, at fair value 40,776 35,996
Restricted stock, at cost 1,373 1,313
Loans, net of allowance for loan losses of $5,716 in 2016 and $4,683 in 2015 464,353 430,445
Loans held for sale 3,833 1,964
Premises and equipment, net 10,947 10,007
Interest receivable 1,378 1,248
Cash value - bank owned life insurance 12,673 9,781
Other real estate owned 2,370 1,965
Income taxes receivable 1,214 1,096
Deferred tax asset, net 2,374 1,399
Other assets 922 755
Total assets 574,195 527,143
Deposits    
Noninterest bearing demand 102,654 91,325
NOW, money market and savings 255,429 232,864
Time 165,029 143,421
Total deposits 523,112 467,610
Capital notes   10,000
Interest payable 88 61
Other liabilities 1,574 1,276
Total liabilities 524,774 478,947
Commitments and Contingencies
Stockholders' equity    
Preferred stock; authorized 1,000,000 shares; none issued and outstanding
Common stock $2.14 par value; authorized 10,000,000 shares; issued and outstanding 4,378,436 as of December 31, 2016 and 2015 9,370 9,370
Additional paid-in-capital 31,495 31,495
Retained earnings 10,156 7,920
Accumulated other comprehensive (loss) (1,600) (589)
Total stockholders' equity 49,421 48,196
Total liabilities and stockholders' equity $ 574,195 $ 527,143