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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and due from banks $ 50,677 $ 38,369
Interest bearing due from banks 16,068 20,146
Total cash and cash equivalents 66,745 58,515
Securities available-for-sale, at fair value 188,686 216,640
Securities held-to-maturity, at amortized cost 37,031 36,696
Portfolio loans 619,622 598,298
Allowance for loan losses (9,882) (14,172)
Net loans 609,740 584,126
Bank premises and equipment, net 12,415 10,893
Other real estate owned 826 913
Other assets 48,273 48,559
Total Assets 963,716 956,342
LIABILITIES AND STOCKHOLDERS' EQUITY    
Demand - noninterest bearing 135,416 133,984
Demand - interest bearing 269,055 273,390
Savings accounts 90,416 90,442
Certificates of deposit 260,129 248,477
Total deposits 755,016 746,293
Federal Home Loan Bank borrowings 75,000 75,000
Junior subordinated debentures 15,465 15,465
Other liabilities 17,545 17,797
Total Liabilities 863,026 854,555
COMMITMENTS AND CONTINGENCIES (NOTE 12)      
Stockholders' Equity:    
Preferred stock, no par value, 2,000,000 shares authorized: Series B (liquidation preference $1,000 per share) issued and outstanding: 20,000 in 2014 and 20,000 in 2013 19,931 19,931
Common stock, no par value, 50,000,000 shares authorized; issued; 13,293,777 outstanding as of June 30, 2014 and 13,977,005 outstanding on December 31, 2013 23,858 28,304
Retained earnings 57,808 55,944
Accumulated other comprehensive (loss), net of tax (907) (2,392)
Total Stockholders’ Equity 100,690 101,787
Total Liabilities and Stockholders' Equity $ 963,716 $ 956,342