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Consolidated Statements of Condition - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 9,435,000 $ 7,428,000
Interest-bearing deposits at other financial institutions 34,060,000 15,139,000
Securities held-to-maturity (fair value of $1.7 million and $1.8 million at December 31, 2018 and 2017, respectively) 1,761,000 1,760,000
Securities available-for-sale, at fair value 123,537,000 115,952,000
Restricted stock, at cost 5,299,000 3,438,000
Loans, net of allowance for loan losses of $9.2 million and $7.7 million at December 31, 2018 and 2017, respectively 1,127,584,000 880,952,000
Premises and equipment, net 2,271,000 1,236,000
Accrued interest receivable 4,050,000 2,964,000
Prepaid expenses 892,000 698,000
Deferred tax assets, net 8,591,000 3,155,000
Goodwill and intangibles, net 8,443,000 99,000
Bank owned life insurance (BOLI) 16,406,000 15,969,000
Other real estate owned (OREO) 4,224,000 3,866,000
Other assets 5,023,000 568,000
Total assets 1,351,576,000 1,053,224,000
Deposits:    
Noninterest-bearing 233,318,000 175,446,000
Interest-bearing checking, savings and money market 583,736,000 379,101,000
Time deposits 345,386,000 373,616,000
Total deposits 1,162,440,000 928,163,000
FHLB advances 0 0
Subordinated notes, net of issuance costs 24,407,000 24,327,000
Accrued interest payable 811,000 417,000
Accrued expenses and other liabilities 5,582,000 2,034,000
Total liabilities 1,193,240,000 954,941,000
Commitments and Contingent Liabilities
Stockholders' Equity    
Common stock, $0.01 par value 137,000 109,000
Additional paid-in capital 123,882,000 74,008,000
Retained earnings 36,728,000 25,859,000
Accumulated other comprehensive loss, net (2,411,000) (1,693,000)
Total stockholders' equity 158,336,000 98,283,000
Total liabilities and stockholders' equity $ 1,351,576,000 $ 1,053,224,000