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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks, including reserve requirements of $11,214 at 03/31/19 and $8,918 at 12/31/18 $ 35,318 $ 40,553
Interest-bearing deposits 15,896 2,817
Cash and cash equivalents 51,214 43,370
Investment securities available for sale 184,428 194,578
Other investments 4,329 4,361
Total securities 188,757 198,939
Mortgage loans held for sale 361 680
Loans 823,557 804,023
Less allowance for loan losses (6,561) (6,445)
Net loans 816,996 797,578
Premises and equipment, net 18,247 18,450
Cash surrender value of life insurance 16,031 15,936
Other real estate 27 27
Right of use lease asset 4,193 0
Accrued interest receivable and other assets 15,322 18,271
Total assets 1,111,148 1,093,251
Deposits:    
Noninterest-bearing demand 310,053 298,817
NOW, MMDA & savings 493,773 475,223
Time, $250,000 or more 20,362 16,239
Other time 83,926 86,934
Total deposits 908,114 877,213
Securities sold under agreements to repurchase 41,231 58,095
Junior subordinated debentures 20,619 20,619
Lease liability 4,193 0
Accrued interest payable and other liabilities 10,407 13,707
Total liabilities 984,564 969,634
Commitments
Shareholders' equity:    
Series A preferred stock, $1,000 stated value; authorized 5,000,000 shares; no shares issued and outstanding 0 0
Common stock, no par value; authorized 20,000,000 shares; issued and outstanding 5,955,635 shares at March 31, 2019 and 5,995,256 shares December 31, 2018 62,151 62,096
Retained earnings 62,757 60,535
Accumulated other comprehensive income (loss) 1,676 986
Total shareholders' equity 126,584 123,617
Total liabilities and shareholders' equity $ 1,111,148 $ 1,093,251