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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets:    
Cash and due from banks $ 18,315 $ 16,419
Interest-bearing deposits in other banks 42,744 51,988
Total cash and cash equivalents 61,059 68,407
Securities available-for-sale, at fair value 181,534 175,174
Securities held-to-maturity, at amortized cost 31,257 31,187
Loans, net of deferred fees and costs 811,640 805,535
Allowance for loan and lease losses (11,641) (11,544)
Net loans 799,999 793,991
Premises and equipment, net 15,903 16,226
Other real estate owned 814 759
Life insurance 21,494 23,098
Deferred tax asset, net 9,363 9,542
Goodwill and core deposit intangible, net 2,196 2,252
Other assets 19,132 20,356
Total assets 1,142,751 1,140,992
Liabilities:    
Demand - noninterest bearing 270,412 270,398
Demand - interest bearing 407,784 405,569
Savings 112,738 113,309
Certificates of deposit 213,556 215,390
Total deposits 1,004,490 1,004,666
Principal 18,667 18,917
Less unamortized debt issuance costs (173) (184)
Net term debt 18,494 18,733
Junior subordinated debentures 10,310 10,310
Other liabilities 12,994 13,177
Total liabilities 1,046,288 1,046,886
Commitments and contingencies (Note 11)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: 17,239,239 issued; 13,516,665 outstanding as of March 31, 2017 and 13,440,422 outstanding as of December 31, 2016 24,800 24,547
Retained earnings 72,066 70,218
Accumulated other comprehensive loss (403) (659)
Total shareholders' equity 96,463 94,106
Total liabilities and shareholders' equity $ 1,142,751 $ 1,140,992