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Consolidated Balance Sheets
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
ASSETS    
Cash and cash equivalents $ 22,507,000 $ 27,655,000
Securities available-for-sale 165,927,000 171,440,000
Restricted securities 9,860,000 9,116,000
Loans held for sale 0 735,000
Loans, net of allowance for loan loss: 2016 - $8,904; 2015 - $8,591 676,871,000 624,956,000
Branch assets held for sale 0 16,673,000
Bank-owned life insurance 35,986,000 35,103,000
Mortgage servicing rights 2,033,000 2,129,000
Premises and equipment, net 16,371,000 16,852,000
Intangible assets, net 0 880,000
Other real estate owned, net 5,042,000 8,401,000
Deferred tax assets, net 35,035,000 38,180,000
Other assets 8,147,000 9,098,000
Total assets 977,779,000 961,218,000
Deposits:    
Non-interest-bearing 152,524,000 164,137,000
Interest-bearing 587,522,000 554,367,000
Total deposits 740,046,000 718,504,000
Federal funds purchased and securities sold under agreements to repurchase 11,168,000 18,730,000
Federal Home Loan Bank advances 85,000,000 76,000,000
Series B mandatory redeemable preferred stock 209,000 268,000
Subordinated debentures 10,310,000 20,620,000
Other liabilities 4,117,000 5,815,000
Total liabilities 850,850,000 839,937,000
Commitments and contingent liabilities 0 0
Stockholders' equity    
Common stock 66,000 66,000
Surplus 140,664,000 140,609,000
Retained earnings (deficit) 3,029,000 (2,958,000)
Accumulated other comprehensive loss (3,340,000) (2,946,000)
Stockholders' equity before treasury stock 143,055,000 137,407,000
Treasury stock (16,126,000) (16,126,000) [1]
Total stockholders' equity 126,929,000 121,281,000 [2]
Total liabilities and stockholders' equity 977,779,000 961,218,000
Series D Fixed Rate, Non-Cummulative Perpetual Preferred Stock    
Stockholders' equity    
Perpetual Preferred Stock $ 2,636,000 $ 2,636,000
[1] Share and per share amounts have been adjusted to reflect the Company's 1:30 reverse stock split effective May 29, 2015.
[2] Share and per share amounts have been adjusted to reflect the Company's 1:30 reverse stock split effective May 29, 2015.