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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets:    
Cash and due from banks $ 14,695 $ 9,730
Interest-bearing deposits in other banks 51,345 41,462
Total cash and cash equivalents 66,040 51,192
Securities available-for-sale, at fair value 157,906 159,030
Securities held-to-maturity, at amortized cost 35,415 35,899
Loans, net of deferred fees and costs 755,168 717,509
Allowance for loan and lease losses (11,864) (11,180)
Net loans 743,304 706,329
Premises and equipment, net 15,660 11,072
Other real estate owned 765 1,423
Life insurance 22,794 22,485
Deferred tax asset, net 8,026 9,760
Goodwill and core deposit intangibles, net 2,362
Other assets 17,920 18,251
Total assets 1,070,192 1,015,441
Liabilities:    
Demand - noninterest bearing 224,467 169,507
Demand - interest bearing 385,609 315,658
Savings 105,228 94,503
Certificates of deposit 222,252 224,067
Total deposits 937,556 803,735
Principal 19,577 94,917
Less unamortized debt issuance costs (201) (223)
Net term debt 19,376 94,694
Junior subordinated debentures 10,310 10,310
Other liabilities 10,462 16,180
Total liabilities 977,704 924,919
Commitments and contingencies (Note 12)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: 17,161,096 issued; 13,439,422 outstanding as of June 30, 2016 and 13,385,154 outstanding as of December 31, 2015 24,421 24,214
Retained earnings 66,356 66,562
Accumulated other comprehensive income (loss) 1,711 (254)
Total shareholders' equity 92,488 90,522
Total liabilities and shareholders' equity $ 1,070,192 $ 1,015,441