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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 30,794 $ 26,725
Federal funds sold 8,317 23,600
Total cash and cash equivalents 39,111 50,325
Securities held-to-maturity (fair value of $3,861 in 2019 and $3,515 in 2018) 3,688 3,700
Securities available-for-sale, at fair value 59,655 52,727
Restricted stock, at cost 1,506 1,462
Loans, net of allowance for loan losses of $4,829 in 2019 and $4,581 in 2018 573,274 530,016
Loans held for sale 4,221 1,670
Premises and equipment, net 16,698 13,426
Interest receivable 1,866 1,742
Cash value - bank owned life insurance 13,686 13,359
Other real estate owned 2,339 2,430
Income taxes receivable   1,102
Deferred tax asset, net 1,177 1,755
Other assets 8,173 1,183
Total assets 725,394 674,897
Deposits    
Noninterest bearing demand 93,936 91,356
NOW, money market and savings 362,821 331,298
Time 192,702 189,389
Total deposits 649,459 612,043
Capital notes 5,000 5,000
Income taxes payable 124  
Interest payable 173 127
Other liabilities 9,193 2,584
Total liabilities 663,949 619,754
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 4,357,436 and 4,378,436 as of December 31, 2019 and 2018 9,325 9,370
Additional paid-in-capital 31,225 31,495
Retained earnings 20,900 16,521
Accumulated other comprehensive loss (5) (2,243)
Total stockholders' equity 61,445 55,143
Total liabilities and stockholders' equity $ 725,394 $ 674,897