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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 42,051 $ 44,471
Federal funds sold 14,250 20,275
Interest-bearing deposits 2,347 6,764
Total cash and cash equivalents 58,648 71,510
Securities available for sale 221,345 232,975
Securities held to maturity 156,925 163,164
Loans held for sale 3,841 1,795
Loans, net 1,720,595 1,645,444
Accrued interest receivable 7,825 9,292
Premises and equipment, net 52,956 52,227
Other real estate owned 551 751
Cash surrender value of life insurance 34,280 26,301
Deferred tax asset 2,363 3,209
Core deposit intangible, net 4,066 4,706
Goodwill 32,160 32,160
Other assets 30,467 23,436
Total assets 2,326,022 2,266,970
Deposits    
Noninterest-bearing 528,301 489,789
Interest-bearing 1,435,012 1,381,691
Total deposits 1,963,313 1,871,480
Securities sold under agreements to repurchase 11,363 12,228
Accrued interest and other liabilities 23,508 10,733
Federal Home Loan Bank advances 60,623 115,136
Subordinated debentures 11,310 12,810
Total liabilities 2,070,117 2,022,387
Commitments and contingencies (see Note 12)
Shareholders' equity    
Preferred stock, $5.00 par value, 15,000,000 shares authorized, no shares issued 0 0
Common stock, $1.00 par value, 50,000,000 shares authorized, 12,889,597 and 12,835,486 shares issued, and 11,534,393 and 11,829,868 shares outstanding, respectively 12,890 12,835
Additional paid-in capital 186,165 185,174
Retained earnings 92,947 80,088
Treasury stock, 1,355,204 and 1,005,618 shares at cost (34,419) (24,352)
Accumulated other comprehensive loss (1,678) (9,162)
Total shareholders' equity 255,905 244,583
Total liabilities and shareholders' equity $ 2,326,022 $ 2,266,970