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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 16,461 $ 18,249
Interest-bearing deposits with banks 21,419 14,452
Federal funds sold 136 4
Total Cash and Cash Equivalents 38,016 32,705
Investment securities available-for-sale 67,033 71,088
Loans receivable 516,363 513,008
Allowance for loan losses (5,702) (6,196)
Net Loans 510,661 506,812
Bank premises and equipment, net 26,387 26,115
Other real estate owned 6,711 6,859
Accrued interest receivable 2,033 2,036
Deferred taxes, net 5,671 5,499
Right-of-use assets - operating leases 5,176 5,253
Other assets 9,882 10,333
Total Assets 671,570 666,700
Deposits:    
Noninterest bearing 163,241 154,631
Interest-bearing 426,706 427,913
Total Deposits 589,947 582,544
Borrowed funds 23,754 24,054
Lease liabilities - operating leases 5,176 5,253
Accrued interest payable 455 426
Accrued expenses and other liabilities 2,006 3,450
Total Liabilities 621,338 615,727
STOCKHOLDERS' EQUITY    
Common stock - $2.00 par value; 50,000,000 shares authorized; 23,922,086 shares issued and outstanding at March 31, 2018 and December 31, 2017 47,844 47,844
Additional paid-in-capital 14,570 14,570
Retained deficit (10,767) (10,847)
Accumulated other comprehensive loss (1,415) (594)
Total Stockholders' Equity 50,232 50,973
Total Liabilities and Stockholders' Equity $ 671,570 $ 666,700