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CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 25,911 $ 38,851
Federal funds sold 186 321
Cash and cash equivalents 26,097 39,172
Interest bearing time deposits 2,275 1,830
Securities available for sale 278,575 318,177
Loans held for sale 3,699 1,231
Loans 685,738 648,535
Allowance for loan losses (8,199) (7,720)
Net loans 677,539 640,815
Federal Home Loan Bank stock 7,034 7,034
Real estate owned, net 1,004 2,404
Bank premises and equipment, net 17,525 16,539
Interest receivable 4,138 3,951
Mortgage servicing rights 1,614 1,511
Goodwill 14,001 14,001
Other intangible assets 267 369
Bank owned life insurance 10,136  
Other assets 8,973 6,159
Total assets 1,052,877 1,053,193
Deposits    
Non-interest bearing 244,155 230,241
Time deposits, $250,000 and over 48,374 79,578
Other interest bearing 528,211 505,454
Total deposits 820,740 815,273
Repurchase agreements 8,248 19,900
Short-term Federal Home Loan Bank advances 11,900 8,400
Long-term Federal Home Loan Bank advances 91,824 90,332
Note payable 2,841 3,321
Subordinated debentures 7,217 7,217
Interest payable 818 838
Other liabilities 7,924 7,583
Total liabilities 951,512 952,864
Stockholders' equity    
Preferred stock, 300,000 shares authorized and unissued
Common stock, no par value; 10,000,000 shares authorized; 2,978,326 and 2,971,522 shares issued and outstanding at September 30, 2018 and December 31, 2017 21,130 20,931
Retained earnings 87,118 80,395
Accumulated other comprehensive loss (6,883) (997)
Total stockholders' equity 101,365 100,329
Total liabilities and stockholders’ equity $ 1,052,877 $ 1,053,193