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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
ASSETS      
Cash and due from banks $ 28,581 $ 21,947 $ 22,399
Federal funds sold 10,000   2
Cash and cash equivalents 38,581 21,947 22,401
Interest-bearing deposits in other financial institutions 5,089 5,797 235
Securities available for sale 54,432 65,832 48,742
Federal Home Loan Bank stock 2,169 2,973 3,060
Loans:      
Commercial 446,327 433,566 383,759
Mortgage 156,764 148,984 119,039
Consumer 16,815 18,385 15,575
Total Loans 619,906 600,935 518,373
Allowance for loan losses (5,779) (5,140) (5,279)
Net loans 614,127 595,795 513,094
Premises and equipment 12,670 12,658 9,821
Other real estate held for sale 2,296 3,010 1,843
Deferred tax asset 9,326 11,498 8,681
Deposit based intangibles 1,106 1,196  
Goodwill 3,805 3,805  
Other assets 11,371 19,274 6,066
TOTAL ASSETS 754,972 743,785 613,943
Deposits:      
Noninterest bearing deposits 114,769 95,498 84,073
NOW, money market, interest checking 213,737 212,565 173,793
Savings 31,742 28,015 15,263
CDs less than $100,000 129,715 134,951 130,821
CDs more than $100,000 27,272 30,316 24,891
Brokered 105,099 105,628 62,365
Total deposits 622,334 606,973 491,206
Federal funds purchased     7,500
Borrowings 49,593 49,846 44,909
Other liabilities 6,954 12,970 3,196
Total liabilities $ 678,881 $ 669,789 $ 546,811
SHAREHOLDERS' EQUITY:      
Preferred stock - No par value: Authorized - 500,000 shares, None issued and outstanding
Common stock and additional paid in capital - No par value Authorized - 18,000,000 shares, Issued and outstanding - 6,249,595; 6,266,756 and 5,564,815 respectively $ 61,320 $ 61,679 $ 53,800
Retained earnings 14,229 11,804 12,923
Accumulated other comprehensive income      
Unrealized gains(losses) on available for sale securities 591 562 409
Minimum pension liability (49) (49)  
Total shareholders' equity 76,091 73,996 67,132
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 754,972 $ 743,785 $ 613,943