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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets    
Cash and due from banks $ 27,111 $ 21,637
Interest bearing balances 21,371 3,703
Certificates of deposits in other banks 9,427 9,427
Investment securities:    
Securities held-to-maturity, at cost 55,208 35,370
Securities available-for-sale, at fair value 109,829 79,502
Loans: 522,146 446,443
Less: Allowance for loan losses (4,688) (4,076)
Net loans 517,458 442,367
Loans held for sale 46,655 85,529
Bank premises, furniture and equipment, net 14,957 11,354
Bank owned life insurance 15,945 10,524
Accrued interest receivable and other assets 17,555 9,734
Goodwill 17,622 17,622
Total assets 853,138 726,769
Deposits    
Non-interest bearing 60,020 54,620
Interest bearing 559,990 431,899
Total deposits 620,010 486,519
Accrued interest, taxes and other liabilities 7,665 6,726
Repurchase agreements 86,147 70,234
Federal Home Loan Bank and other borrowings 52,246 91,617
Subordinated debt 4,124 4,124
Total liabilities 770,192 659,220
Stockholders' equity    
Preferred stock, $1,000 par value, 8,500 shares authorized and issued 8,500 8,500
Common stock, $1 par value, 10,000,000 and 4,000,000 authorized, 3,506,842 and 2,932,901 issued 3,507 2,933
Additional paid-in capital 62,002 48,750
Treasury stock, 51,077 and 51,077 shares, respectively (1,084) (1,084)
Retained earnings 12,920 9,945
Accumulated other comprehensive (loss) (2,899) (1,495)
Total stockholders' equity 82,946 67,549
Total liabilities and stockholders' equity $ 853,138 $ 726,769