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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Cash and cash equivalents:    
Cash and due from banks $ 15,240 $ 28,907
Interest bearing balances 47,269 10,936
Total cash and cash equivalents 62,509 39,843
Certificates of deposits in other banks 9,427 9,427
Investment securities:    
Securities available-for-sale 71,392 106,411
Securities held-to-maturity (fair value of $56,328 for 2014 and $54,118 for 2013) 55,633 56,670
Loans held for sale 50,616 89,186
Loans: 762,926 622,305
Less: Allowance for loan losses (6,364) (4,935)
Net loans 756,562 617,370
Bank premises, furniture and equipment 24,006 16,919
Bank owned life insurance 21,515 16,062
Accrued interest receivable and other assets 17,375 17,393
Goodwill 17,779 17,779
Total assets 1,086,814 987,060
Deposits    
Non-interest bearing 64,529 63,336
Interest bearing 781,792 632,475
Total Deposits 846,321 695,811
Accrued interest, taxes and other liabilities 6,953 6,878
Repurchase agreements 33,894 81,578
FHLB and other borrowings 55,465 104,647
Subordinated debt 33,524 4,124
Total liabilities 976,157 893,038
Stockholders' equity    
Preferred stock, par value $1,000; 20,783 and 20,000 shares authorized and 9,283 and 8,500 shares issued in 2014 and 2013, respectively 16,334 8,500
Common stock, par value $1; 10,000,000 shares authorized; 8,083,439 and 7,705,894 shares issued; and 8,032,362 and 7,654,817 shares outstanding in 2014 and 2013, respectively 8,083 7,706
Additional paid-in capital 74,209 68,518
Retained earnings 15,503 13,343
Accumulated other comprehensive loss (2,388) (2,961)
Treasury stock, 51,077 shares, at cost (1,084) (1,084)
Total stockholders' equity 110,657 94,022
Total liabilities and stockholders' equity $ 1,086,814 $ 987,060