Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets:
Cash and due from financial institutions	$ 6,929	$ 6,247
Interest-bearing deposits	24,963	15,027
Total cash and cash equivalents	31,892	21,274
Securities available-for-sale	87,797	75,909
Loans	378,513	385,444
Less allowance for loan losses	(4,333)	(4,236)
Net loans	374,180	381,208
Real estate owned	68	1,111
Investment in FHLB stock	3,250	3,250
Premises and equipment, net	5,091	10,016
Premises and equipment held for sale	4,771	0
Bank-owned life insurance	20,760	20,027
Deferred tax asset, net	10,440	0
Accrued interest receivable and other assets	3,015	2,587
Total assets	541,264	515,382
Deposits:
Non-interest bearing	124,023	111,022
Interest bearing	350,514	342,170
Total deposits	474,537	453,192
Borrowings	4,520	11,808
Accrued interest payable and other liabilities	3,360	3,171
Total liabilities	482,417	468,171
Shareholders’ equity:
Preferred stock, no par value, 2,000,000 shares authorized, none issued and outstanding	0	0
Common shares, 17,500,000 shares authorized, 7,588,887 and 7,541,445 shares issued, and 7,281,237 and 7,233,797 shares outstanding for 2015 and 2014, respectively	16,410	16,064
Retained earnings	49,799	38,055
Treasury stock, at cost, 307,650 shares at December 31, 2015 and 2014	(7,416)	(7,416)
Accumulated other comprehensive income	436	654
Deferred stock-based compensation	(382)	(146)
Total shareholders’ equity	58,847	47,211
Total liabilities and shareholders’ equity	$ 541,264	$ 515,382