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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 40,226 $ 25,005
Federal funds sold 9 3
Cash and cash equivalents 40,235 25,008
Interest-bearing deposits in other financial institutions 7,184 5,089
Securities available for sale 71,114 53,728
Federal Home Loan Bank stock 2,639 2,169
Loans:    
Commercial 503,508 450,275
Mortgage 206,007 152,272
Consumer 16,120 15,847
Total Loans 725,635 618,394
Allowance for loan losses (4,733) (5,004)
Net loans 720,902 613,390
Premises and equipment 14,699 12,524
Other real estate held for sale 3,492 2,324
Deferred tax asset 10,147 9,213
Deposit based intangibles 1,992 1,076
Goodwill 5,173 3,805
Other assets 14,751 10,943
TOTAL ASSETS 892,328 739,269
Deposits:    
Noninterest bearing deposits 149,435 122,775
NOW, money market, interest checking 251,140 202,784
Savings 48,978 30,882
CDs less than $250,000 130,053 124,084
CDs more than $250,000 5,417 8,532
Brokered 153,340 121,266
Total deposits 738,363 610,323
Borrowings 70,604 45,754
Other liabilities 6,280 6,590
Total liabilities 815,247 662,667
SHAREHOLDERS' EQUITY:    
Preferred stock - No par value: Authorized - 500,000 shares, Issued and outstanding - none
Common stock and additional paid in capital - No par value Authorized - 18,000,000 shares Issued and outstanding - 6,226,246 and 6,217,620 respectively 61,283 61,133
Retained earnings 14,982 15,221
Accumulated other comprehensive income    
Unrealized gains on available for sale securities 865 297
Minimum pension liability (49) (49)
Total shareholders' equity 77,081 76,602
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 892,328 $ 739,269