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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 66,722 $ 64,151
Federal funds sold 16,202 6
Cash and cash equivalents 82,924 64,157
Interest-bearing deposits in other financial institutions 11,275 13,452
Securities available for sale 107,091 116,748
Federal Home Loan Bank stock 4,924 4,924
Loans:    
Commercial 752,715 717,032
Mortgage 287,013 301,461
Consumer 20,214 20,371
Total Loans 1,059,942 1,038,864
Allowance for loan losses (5,308) (5,183)
Net loans 1,054,634 1,033,681
Premises and equipment 23,709 22,783
Other real estate held for sale 2,618 3,119
Deferred tax asset 4,599 5,763
Deposit based intangibles 5,212 5,720
Goodwill 19,574 22,024
Other assets 38,823 25,669
TOTAL ASSETS 1,355,383 1,318,040
Deposits:    
Noninterest bearing deposits 285,887 241,556
NOW, money market, interest checking 375,267 368,890
Savings 110,455 111,358
CDs less than $250,000 250,506 225,236
CDs more than $250,000 12,964 13,737
Brokered 78,500 136,760
Total deposits 1,113,579 1,097,537
Federal funds purchased   2,905
Borrowings 70,079 57,536
Other liabilities 11,560 7,993
Total liabilities 1,195,218 1,165,971
SHAREHOLDERS’ EQUITY:    
Common stock and additional paid in capital - No par value Authorized - 18,000,000 shares Issued and outstanding - 10,740,712 and 10,712,745 respectively 129,292 129,066
Retained earnings 29,949 23,466
Accumulated other comprehensive income (loss)    
Unrealized gains (losses) on available for sale securities 1,142 (245)
Minimum pension liability (218) (218)
Total shareholders’ equity 160,165 152,069
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,355,383 $ 1,318,040