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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 6,963 $ 8,137
Interest bearing deposits in banks 28,398 25,966
Cash and cash equivalents 35,361 34,103
Securities available for sale 201,192 152,720
Loans held for sale 70
Loans, net of allowance of $8,880 and $8,202, respectively 756,364 703,913
Premises and equipment, net 14,655 16,789
Premises held for sale 1,050
Other real estate owned 3,485 4,409
Federal Home Loan Bank stock 7,233 7,323
Bank owned life insurance 15,646 15,229
Deferred taxes, net 29,282 31,313
Accrued interest receivable and other assets 5,424 4,932
Total assets 1,069,692 970,801
Deposits    
Non-interest bearing 142,618 137,386
Interest bearing 751,613 709,638
Total deposits 894,231 847,024
Federal Home Loan Bank advances 46,549 11,797
Accrued interest payable and other liabilities 5,815 6,057
Subordinated capital note 2,250
Junior subordinated debentures 21,000 21,000
Senior debt 10,000 10,000
Total liabilities 977,595 898,128
Commitments and contingent liabilities (Note 15)
Stockholders’ equity    
Preferred stock 2,771
Common stock, no par, 39,000,000 shares authorized, 6,242,720 and 6,039,864 voting, and 1,220,000 and 220,000 non-voting shares issued and outstanding, respectively 140,639 125,729
Additional paid-in capital 24,287 24,497
Retained deficit (66,201) (75,108)
Accumulated other comprehensive loss (6,628) (5,216)
Total common stockholders’ equity 92,097 69,902
Total stockholders' equity 92,097 72,673
Total liabilities and stockholders’ equity 1,069,692 970,801
Series E Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock 1,644
Series F Preferred Stock [Member]    
Stockholders’ equity    
Preferred stock $ 1,127