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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 39,907 $ 44,471
Federal funds sold 45,246 20,275
Interest-bearing deposits 5,561 6,764
Total cash and cash equivalents 90,714 71,510
Securities available for sale 212,716 232,975
Securities held to maturity 155,458 163,164
Loans held for sale 2,368 1,795
Loans, net 1,690,794 1,645,444
Accrued interest receivable 9,151 9,292
Premises and equipment, net 53,431 52,227
Other real estate owned 603 751
Cash surrender value of life insurance 34,495 26,301
Core deposit intangible, net 3,853 4,706
Goodwill 32,160 32,160
Other assets 32,701 26,645
Total assets 2,318,444 2,266,970
Deposits    
Noninterest-bearing 525,865 489,789
Interest-bearing 1,430,939 1,381,691
Total deposits 1,956,804 1,871,480
Securities sold under agreements to repurchase 11,100 12,228
Accrued interest and other liabilities 23,061 10,733
Federal Home Loan Bank advances 55,118 115,136
Subordinated debentures 10,810 12,810
Total liabilities 2,056,893 2,022,387
Commitments and contingencies (see Note 18)
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, 12,905,097 and 12,835,486 shares issued, and 11,547,443 and 11,829,868 shares outstanding, respectively 12,905 12,835
Additional paid-in capital 186,692 185,174
Retained earnings 98,239 80,088
Treasury stock, 1,357,654 and 1,005,618 shares at cost (34,492) (24,352)
Accumulated other comprehensive loss (1,793) (9,162)
Total shareholders' equity 261,551 244,583
Total liabilities and shareholders' equity $ 2,318,444 $ 2,266,970