CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands		Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents		$ 89,107	$ 77,726
Securities available for sale, at fair value		52,295	55,336
Other investments		9,173	7,260
Loans held for sale		368	752
Loans receivable, net of allowance of $9,640 at September 30, 2019 and $9,636 at December 31, 2018		954,730	865,423
Premises and equipment, net		5,367	4,633
Accrued interest receivable		3,140	3,068
Servicing assets		6,959	6,987
Company owned life insurance (COLI)		10,551	11,394
Deferred tax assets		2,358	3,672
Other real estate owned (OREO)		1,817
Operating right-of-use assets	[1]	8,606
Other assets		7,463	7,935
Total assets		1,151,934	1,044,186
Deposits:
Noninterest bearing		296,831	285,132
Interest bearing:
Savings		3,316	3,421
Money market and others		274,698	261,349
Time deposits greater than $250,000		219,547	164,281
Other time deposits		201,601	190,993
Total deposits		995,993	905,176
Accrued interest payable		2,541	1,715
Operating lease liabilities	[1]	10,335
Other liabilities		5,472	7,508
Total liabilities		1,014,341	914,399
Shareholders’ equity
Preferred stock – no par value; 10,000,000 shares authorized; no shares issued or outstanding at September 30, 2019 and December 31, 2018
Common stock – no par value; 50,000,000 shares authorized; 15,711,580 and 15,860,306 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively		87,085	91,209
Additional paid-in capital		7,154	6,249
Retained earnings		43,086	32,877
Accumulated other comprehensive loss		268	(548)
Total shareholders’ equity		137,593	129,787
Total liabilities and shareholders' equity		$ 1,151,934	$ 1,044,186

[1] The adoption of ASU 2016-02, Leases (Topic 842) in the first quarter of 2019 resulted in the recognition of right-of-use assets and lease liabilities on balance sheet.