CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 37,474	$ 21,922
Federal funds sold	292	260
Cash and cash equivalents	37,766	22,182
Interest bearing time deposits	2,375	2,375
Securities available for sale	247,187	265,330
Loans held for sale	4,990	2,144
Loans	778,327	744,313
Allowance for loan losses	(9,916)	(8,460)
Net loans	768,411	735,853
Federal Home Loan Bank stock	7,034	7,034
Real estate owned, net	2,110	2,148
Bank premises and equipment, net	19,999	19,429
Interest receivable	4,010	4,166
Mortgage servicing rights	1,504	1,573
Goodwill	14,001	14,001
Other intangible assets	114	136
Bank owned life insurance	18,308	18,165
Operating lease right of use asset	8,022	8,195
Other assets	7,547	8,059
Total assets	1,143,378	1,110,790
Deposits
Non-interest bearing	243,073	235,268
Time deposits, $250,000 and over	45,741	43,345
Other interest bearing	564,403	564,040
Total deposits	853,217	842,653
Repurchase agreements	5,410	5,994
Short-term Federal Home Loan Bank advances	54,000	25,000
Long-term Federal Home Loan Bank advances	84,925	91,418
Subordinated debentures	7,217	7,217
Interest payable	1,217	1,170
Operating lease liability	8,210	8,350
Other liabilities	11,395	9,725
Total liabilities	1,025,591	991,527
Stockholders’ equity
Preferred stock, 300,000 shares authorized and unissued
Common stock, no par value; 20,000,000 shares authorized; 5,946,998 and 5,913,922 shares issued and outstanding at March 31, 2020 and December 31, 2019	21,771	21,447
Retained earnings	97,584	96,903
Accumulated other comprehensive income (loss)	(1,568)	913
Total stockholders’ equity	117,787	119,263
Total liabilities and stockholders’ equity	$ 1,143,378	$ 1,110,790