CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 14,200	$ 12,834
Federal funds sold	29,327	41,273
Securities:
Available for sale, at fair value	74,801	141,816
Restricted securities, at cost	1,681	1,565
Total securities	76,482	143,381
Total loans	423,664	313,254
Allowance for loan losses	(3,567)	(3,164)
Total loans, net	420,097	310,090
Premises and equipment, net	$ 8,668	9,465
Other real estate owned, net of valuation allowance		1,177
Bank owned life insurance	$ 13,476	13,034
Accrued interest receivable and other assets	5,241	5,799
Total assets	567,491	537,053
Demand deposits:
Noninterest-bearing	184,574	152,107
Interest-bearing	90,100	93,208
Money market deposit accounts	103,175	94,310
Certificates of deposit and other time deposits	108,618	117,094
Total deposits	486,467	456,719
Securities sold under agreements to repurchase	23,156	17,995
Accrued interest payable and other liabilities	1,571	1,707
Total liabilities	$ 511,194	$ 476,421
Commitments and Contingencies
Shareholders' equity:
Preferred stock, $2.50 par value, 2,000,000 shares authorized, no shares outstanding
Common stock, $2.50 par value, 10,000,000 shares authorized; 2,412,589 and 2,688,336 shares issued and outstanding in 2015 and 2014, respectively	$ 6,031	$ 6,721
Capital surplus	22,214	27,889
Retained earnings	28,170	25,978
Accumulated other comprehensive income (loss)	(118)	44
Total shareholders' equity	56,297	60,632
Total liabilities and shareholders' equity	$ 567,491	$ 537,053