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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Assets:    
Cash and due from banks $ 19,699 $ 9,730
Interest-bearing deposits in other banks 65,431 41,462
Total cash and cash equivalents 85,130 51,192
Securities available-for-sale, at fair value 156,440 159,030
Securities held-to-maturity, at amortized cost 31,771 35,899
Loans, net of deferred fees and costs 780,174 717,509
Allowance for loan and lease losses (11,849) (11,180)
Net loans 768,325 706,329
Premises and equipment, net 15,930 11,072
Other real estate owned 793 1,423
Life insurance 22,946 22,485
Deferred tax asset, net 8,171 9,760
Goodwill and core deposit intangibles, net 2,307
Other assets 19,205 18,251
Total assets 1,111,018 1,015,441
Liabilities:    
Demand - noninterest bearing 254,435 169,507
Demand - interest bearing 394,525 315,658
Savings 110,201 94,503
Certificates of deposit 216,332 224,067
Total deposits 975,493 803,735
Principal 19,317 94,917
Less unamortized debt issuance costs (193) (223)
Net term debt 19,124 94,694
Junior subordinated debentures 10,310 10,310
Other liabilities 11,798 16,180
Total liabilities 1,016,725 924,919
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: 17,161,096 issued; 13,439,422 outstanding as of September 30, 2016 and 13,385,154 outstanding as of December 31, 2015 24,483 24,214
Retained earnings 68,321 66,562
Accumulated other comprehensive income (loss) 1,489 (254)
Total shareholders' equity 94,293 90,522
Total liabilities and shareholders' equity $ 1,111,018 $ 1,015,441