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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 21,769 $ 20,267
Federal funds sold 33,519 16,751
Total cash and cash equivalents 55,288 37,018
Securities held-to-maturity (fair value of $3,478 in 2018 and $5,619 in 2017) 3,708 5,713
Securities available-for-sale, at fair value 54,633 55,312
Restricted stock, at cost 1,887 1,505
Loans, net of allowance for loan losses of $4,671 in 2018 and $4,752 in 2017 501,877 491,022
Loans held for sale 3,448 2,626
Premises and equipment, net 12,109 12,055
Interest receivable 1,827 1,713
Cash value - bank owned life insurance 13,103 13,018
Other real estate owned 2,096 2,650
Income taxes receivable 1,012 1,366
Deferred tax asset, net 1,644 1,418
Other assets 1,003 925
Total assets 653,635 626,341
Deposits    
Noninterest bearing demand 83,964 74,102
NOW, money market and savings 318,523 307,987
Time 182,029 185,404
Total deposits 584,516 567,493
FHLB borrowings 10,000  
Capital notes 5,000 5,000
Interest payable 108 111
Other liabilities 2,336 2,072
Total liabilities 601,960 574,676
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 March 31, 2018 and December 31, 2017 9,370 9,370
Additional paid-in-capital 31,495 31,495
Retained earnings 13,129 12,269
Accumulated other comprehensive (loss) (2,319) (1,469)
Total stockholders' equity 51,675 51,665
Total liabilities and stockholders' equity $ 653,635 $ 626,341