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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 26,725 $ 20,267
Federal funds sold 23,600 16,751
Total cash and cash equivalents 50,325 37,018
Securities held-to-maturity (fair value of $3,515 in 2018 and $5,619 in 2017) 3,700 5,713
Securities available-for-sale, at fair value 52,727 55,312
Restricted stock, at cost 1,462 1,505
Loans, net of allowance for loan losses of $4,581 in 2018 and $4,752 in 2017 530,016 491,022
Loans held for sale 1,670 2,626
Premises and equipment, net 13,426 12,055
Interest receivable 1,742 1,713
Cash value - bank owned life insurance 13,359 13,018
Other real estate owned 2,430 2,650
Income taxes receivable 1,102 1,366
Deferred tax asset, net 1,755 1,418
Other assets 1,183 925
Total assets 674,897 626,341
Deposits    
Noninterest bearing demand 91,356 74,102
NOW, money market and savings 331,298 307,987
Time 189,389 185,404
Total deposits 612,043 567,493
Capital notes 5,000 5,000
Interest payable 127 111
Other liabilities 2,584 2,072
Total liabilities 619,754 574,676
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 December 31, 2018 and 2017 9,370 9,370
Additional paid-in-capital 31,495 31,495
Retained earnings 16,521 12,269
Accumulated other comprehensive (loss) (2,243) (1,469)
Total stockholders' equity 55,143 51,665
Total liabilities and stockholders' equity $ 674,897 $ 626,341