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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 45,381 $ 26,771
Interest bearing deposits in other banks 46,807 50,767
Investment securities available for sale, at fair value 257,270 271,610
Marketable equity securities 8,045 7,265
Investment in Federal Home Loan Bank stock 2,140 2,101
Loans held for sale 81,942 34,710
Loans 1,036,547 984,346
Allowance for loan losses (19,137) (19,519)
Net loans 1,017,410 964,827
Purchased receivables, net 13,673 14,406
Mortgage servicing rights, at fair value 11,206 10,821
Other real estate owned, net 7,043 7,962
Premises and equipment, net 38,556 39,090
Operating lease right-of-use asset 14,307  
Goodwill 15,017 15,017
Other intangible assets, net 1,092 1,137
Other assets 56,742 56,504
Total assets 1,616,631 1,502,988
Deposits:    
Demand 460,327 420,988
Interest-bearing demand 292,198 248,056
Savings 228,739 239,054
Money market 214,352 206,717
Certificates of deposit less than $250,000 89,847 75,318
Certificates of deposit $250,000 and greater 65,566 37,955
Total deposits 1,351,029 1,228,088
Securities sold under repurchase agreements 0 34,278
Borrowings 8,933 7,241
Junior subordinated debentures 10,310 10,310
Operating lease liability 14,224  
Other liabilities 28,096 17,124
Total liabilities 1,412,592 1,297,041
SHAREHOLDERS' EQUITY    
Preferred stock, $1 par value, 2,500,000 shares authorized, none issued or outstanding 0 0
Common stock, $1 par value, 10,000,000 shares authorized, 6,539,796 and 6,883,216 issued and outstanding at September 30, 2019 and December 31, 2018, respectively 6,540 6,883
Additional paid-in capital 50,416 62,132
Retained earnings 147,217 137,452
Accumulated other comprehensive income (loss), net of tax (134) (520)
Total shareholders' equity 204,039 205,947
Total liabilities and shareholders' equity $ 1,616,631 $ 1,502,988