Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 46,942,000	$ 46,686,000
Investment securities available for sale	159,320,000	171,507,000
Loans, less allowance for loan losses of $7,243,000 in 2019 and $6,958,000 in 2018	616,036,000	562,498,000
Other real estate	707,000	1,170,000
Premises and equipment, net	14,629,000	14,287,000
Bank owned life insurance	13,184,000	12,856,000
Accrued interest receivable and other assets	14,373,000	15,394,000
Total assets	865,191,000	824,398,000
Deposits:
Non-interest bearing	331,619,000	304,039,000
Interest bearing	415,705,000	422,526,000
Total deposits	747,324,000	726,565,000
Repurchase agreements	16,013,000	13,058,000
Accrued interest payable and other liabilities	7,039,000	7,533,000
Junior subordinated deferrable interest debentures	10,310,000	10,310,000
Total liabilities	780,686,000	757,466,000
Commitments and contingencies (Note 11)
Shareholders' equity:
Serial preferred stock - no par value; 10,000,000 shares authorized; none outstanding
Common stock - no par value; 22,500,000 shares authorized; issued and outstanding – 5,165,760 at December 31, 2019 and 5,137,476 at December 31, 2018	7,312,000	6,944,000
Retained earnings	75,144,000	62,005,000
Accumulated other comprehensive gain (loss), net of taxes	2,049,000	(2,017,000)
Total shareholders' equity	84,505,000	66,932,000
Total liabilities and shareholders' equity	$ 865,191,000	$ 824,398,000