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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Cash and cash equivalents:    
Cash and due from banks $ 994 $ 1,370
Interest-bearing deposits in other financial institutions 57,470 8,132
Total cash and cash equivalents 58,464 9,502
Available-for-sale securities 47,890 53,650
Correspondent bank stock, at cost 3,477 1,555
Mortgage loans held for sale 35,064 22,940
Loans, net of allowance of $7,100 and $7,287 835,544 806,402
Promissory notes from related parties 2,125 5,792
Premises and equipment, net 6,255 6,777
Accrued interest receivable 2,565 2,421
Accounts receivable 5,504 5,592
Other receivables 1,908 6,324
Other real estate owned, net 658 658
Goodwill 24,811 24,811
Other intangible assets, net 773 1,233
Deferred tax assets, net 4,971 5,987
Company-owned life insurance 14,515 14,316
Other assets 2,049 1,699
Total assets 1,046,573 969,659
Deposits:    
Noninterest-bearing 212,225 198,685
Interest-bearing 631,517 617,432
Total deposits 843,742 816,117
Borrowings:    
Federal Home Loan Bank Topeka borrowings 75,598 28,563
Subordinated Notes 13,435 13,435
Accrued interest payable 231 197
Other liabilities 8,609 9,501
Total liabilities 941,615 867,813
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY    
Preferred stock - no par value; 1,000,000 shares authorized; 20,868 issued and outstanding 2018 and 2017; liquidation preference: $20,868
Convertible preferred stock - no par value; 150,000 shares authorized; 41,000 shares issued and outstanding 2018 and 2017; liquidation preference: $4,100
Common stock - no par value; 10,000,000 shares authorized; 5,917,667 and 5,833,456 shares issued and outstanding at 2018 and 2017
Additional paid-in capital 132,785 130,070
Accumulated deficit (26,226) (27,296)
Accumulated other comprehensive loss (1,601) (928)
Total shareholders’ equity 104,958 101,846
Total liabilities and shareholders’ equity $ 1,046,573 $ 969,659