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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS:    
Cash and due from banks $ 18,844 $ 14,235
Interest-bearing demand deposits 14,367 1,610
Total cash and cash equivalents 33,211 15,845
Investment securities:    
Available-for-sale, at fair value 360,741 285,365
Held-to-maturity, at cost 24,575 22,725
Federal Reserve Bank stock, at cost 2,476 2,346
Federal Home Loan Bank stock, at cost 3,638 3,638
Loans, net 759,875 695,835
Premises and equipment, net 22,434 20,733
Goodwill 30,187 27,638
Core deposit and other intangibles 5,601 4,780
Bank owned life insurance 22,406 21,936
Other assets 10,027 7,225
TOTAL ASSETS 1,275,171 1,108,066
Deposits:    
Noninterest-bearing 238,796 213,303
Interest-bearing 864,717 732,902
Total deposits 1,103,513 946,205
Short-term borrowings 14,931 16,645
Long-term debt 6,016 11,357
Accrued interest and other liabilities 9,860 8,164
TOTAL LIABILITIES 1,134,320 982,371
SHAREHOLDERS' EQUITY:    
Preferred shares – no par value, authorized 1,000,000 shares, none outstanding 0 0
Common shares – no par value, authorized 12,000,000 shares, issued 10,656,921 and 10,064,945 shares at September 30, 2015 and December 31, 2014, respectively 76,711 67,181
Retained earnings 73,330 69,394
Treasury shares at cost, 753,627 shares at September 30, 2015 and December 31, 2014 (11,665) (11,665)
Accumulated other comprehensive income, net of taxes 2,475 785
TOTAL SHAREHOLDERS' EQUITY 140,851 125,695
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,275,171 $ 1,108,066