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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and due from banks $ 31,151 $ 38,369
Interest bearing due from banks 15,272 20,146
Total cash and cash equivalents 46,423 58,515
Securities available-for-sale, at fair value 189,379 216,640
Securities held-to-maturity, at amortized cost 36,888 36,696
Portfolio loans 649,879 598,298
Allowance for loan losses (10,400) (14,172)
Net loans 639,479 584,126
Bank premises and equipment, net 12,510 10,893
Other real estate owned 393 913
Other assets 52,685 48,559
Total Assets 977,757 956,342
Liabilities:    
Demand - noninterest bearing 151,684 133,984
Demand - interest bearing 265,308 273,390
Savings accounts 91,589 90,442
Certificates of deposit 258,939 248,477
Total deposits 767,520 746,293
Federal Home Loan Bank borrowings 75,000 75,000
Junior subordinated debentures 15,465 15,465
Other liabilities 17,812 17,797
Total Liabilities 875,797 854,555
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; 17,013,267 issued; 13,293,777 outstanding as of September 30, 2014 and 13,977,005 outstanding on December 31, 2013 23,874 28,304
Retained earnings 58,633 55,944
Accumulated other comprehensive (loss), net of tax (478) (2,392)
Total Stockholders’ Equity 101,960 101,787
Total Liabilities and Stockholders' Equity $ 977,757 $ 956,342