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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 16,809 $ 18,292
Interest bearing bank deposits 18,757 15,927
Federal funds sold 240  
Total cash and cash equivalents 35,806 34,219
Securities available for sale, at fair value 200,094 206,726
Securities held to maturity, at cost (fair value of $42,045 and $42,253, respectively) 41,458 42,108
Equity securities, restricted, at cost 8,426 7,800
Total securities 249,978 256,634
Loans held for sale 396 146
Loans 997,982 993,705
Purchased credit impaired (PCI) loans 36,803 38,285
Total loans 1,034,785 1,031,990
Allowance for loan losses (loans of $8,661 and $8,983, respectively; PCI loans of $156 and $156, respectively) (8,817) (9,139)
Net loans 1,025,968 1,022,851
Bank premises and equipment, net 31,142 31,488
Bank premises and equipment held for sale 1,252 1,252
Leased assets 7,177  
Other real estate owned 1,225 1,099
Bank owned life insurance 29,015 28,834
Other assets 16,538 16,627
Total assets 1,398,497 1,393,150
Deposits:    
Noninterest bearing 165,708 165,086
Interest bearing 1,002,415 999,889
Total deposits 1,168,123 1,164,975
Federal funds purchased   19,440
Federal Home Loan Bank borrowings 69,072 59,447
Trust preferred capital notes 4,124 4,124
Lease liabilities 7,418  
Other liabilities 7,452 7,703
Total liabilities 1,256,189 1,255,689
SHAREHOLDERS' EQUITY    
Common stock (200,000,000 shares authorized, $0.01 par value; 22,168,979 and 22,132,304 shares issued and outstanding, respectively) 222 221
Additional paid in capital 149,115 148,763
Retained deficit (7,406) (10,244)
Accumulated other comprehensive income (loss) 377 (1,279)
Total shareholders' equity 142,308 137,461
Total liabilities and shareholders' equity $ 1,398,497 $ 1,393,150