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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets:    
Cash and due from banks $ 23,420 $ 16,419
Interest-bearing deposits in other banks 73,434 51,988
Total cash and cash equivalents 96,854 68,407
Securities available-for-sale, at fair value 209,609 175,174
Securities held-to-maturity, at amortized cost 31,329 31,187
Loans, net of deferred fees and costs 816,929 805,535
Allowance for loan and lease losses (11,688) (11,544)
Net loans 805,241 793,991
Premises and equipment, net 15,417 16,226
Other real estate owned 1,517 759
Life insurance 21,629 23,098
Deferred tax asset, net 8,723 9,542
Goodwill and core deposit intangible, net 2,141 2,252
Other assets 19,634 20,356
Total assets 1,212,094 1,140,992
Liabilities:    
Demand - noninterest-bearing 303,560 270,398
Demand - interest-bearing 426,798 405,569
Savings 109,472 113,309
Certificates of deposit 206,395 215,390
Total deposits 1,046,225 1,004,666
Principal 18,300 18,917
Less unamortized debt issuance costs (161) (184)
Net term debt 18,139 18,733
Junior subordinated debentures 10,310 10,310
Other liabilities 11,468 13,177
Total liabilities 1,086,142 1,046,886
Commitments and contingencies (Note 9)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: issued and outstanding - 16,260,161 as of June 30, 2017 and 13,440,422 as of December 31, 2016 51,651 24,547
Retained earnings 73,789 70,218
Accumulated other comprehensive income (loss) 512 (659)
Total shareholders' equity 125,952 94,106
Total liabilities and shareholders' equity $ 1,212,094 $ 1,140,992