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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 20,267 $ 16,938
Federal funds sold 16,751 11,745
Total cash and cash equivalents 37,018 28,683
Securities held-to-maturity (fair value of $5,619 in 2017 and $3,273 in 2016) 5,713 3,299
Securities available-for-sale, at fair value 55,312 40,776
Restricted stock, at cost 1,505 1,373
Loans, net of allowance for loan losses of $4,752 in 2017 and $5,716 in 2016 491,022 464,353
Loans held for sale 2,626 3,833
Premises and equipment, net 12,055 10,947
Interest receivable 1,713 1,378
Cash value - bank owned life insurance 13,018 12,673
Other real estate owned 2,650 2,370
Income taxes receivable 1,366 1,214
Deferred tax asset, net 1,418 2,374
Other assets 925 922
Total assets 626,341 574,195
Deposits    
Noninterest bearing demand 74,102 62,135
NOW, money market and savings 307,987 295,948
Time 185,404 165,029
Total deposits 567,493 523,112
Capital notes 5,000  
Interest payable 111 88
Other liabilities 2,072 1,574
Total liabilities 574,676 524,774
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, 2017 and 2016 9,370 9,370
Additional paid-in-capital 31,495 31,495
Retained earnings 12,269 10,156
Accumulated other comprehensive (loss) (1,469) (1,600)
Total stockholders' equity 51,665 49,421
Total liabilities and stockholders' equity $ 626,341 $ 574,195