XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 14,459 $ 17,967
Interest-bearing deposits in financial institutions 97,737 76,714
Federal funds sold 8,125 10,762
Total cash and cash equivalents 120,321 105,443
Securities available-for-sale, at fair value 233,691 243,808
Securities held-to-maturity, fair value of $3,806 and $3,785 at March 31, 2019 and December 31, 2018, respectively 3,727 3,734
Loans held for sale 72,870 57,618
Loans 1,467,786 1,429,794
Less allowance for loan losses (12,959) (12,113)
Loans, net 1,454,827 1,417,681
Premises and equipment, net 19,632 18,821
Restricted equity securities 14,145 12,038
Accrued interest receivable 6,446 5,964
Goodwill 37,510 37,510
Core deposit intangible, net 8,108 8,538
Other real estate owned, net 1,038 988
Other assets 63,496 51,740
Total assets 2,035,811 1,963,883
Deposits:    
Non-interest-bearing 312,597 289,552
Interest-bearing 450,462 434,921
Savings and money market accounts 492,619 497,108
Time 423,124 348,427
Total deposits 1,678,802 1,570,008
Federal Home Loan Bank advances 75,000 125,000
Other liabilities 22,258 14,496
Total liabilities 1,776,060 1,709,504
Shareholders’ equity:    
Series A convertible preferred stock, $1 par value; 5,000,000 shares authorized; 878,048 shares issued and outstanding at March 31, 2019 and December 31, 2018 878 878
Additional paid-in capital 210,673 211,789
Retained earnings 31,338 27,303
Accumulated other comprehensive loss, net of income tax (904) (3,316)
Total shareholders’ equity 259,751 254,379
Total liabilities and shareholders’ equity 2,035,811 1,963,883
Voting    
Shareholders’ equity:    
Common stock 17,633 17,592
Nonvoting    
Shareholders’ equity:    
Common stock $ 133 $ 133