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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets:    
Cash and due from banks $ 19,929 $ 16,419
Interest-bearing deposits in other banks 65,702 51,988
Total cash and cash equivalents 85,631 68,407
Securities available-for-sale, at fair value 232,494 175,174
Securities held-to-maturity, at amortized cost 30,724 31,187
Loans, net of deferred fees and costs 826,644 805,535
Allowance for loan and lease losses (11,692) (11,544)
Net loans 814,952 793,991
Premises and equipment, net 15,039 16,226
Other real estate owned 699 759
Life insurance 21,764 23,098
Deferred tax asset, net 8,751 9,542
Goodwill and core deposit intangible, net 2,086 2,252
Other assets 19,741 20,356
Total assets 1,231,881 1,140,992
Liabilities:    
Demand - noninterest-bearing 316,814 270,398
Demand - interest-bearing 433,466 405,569
Savings 111,962 113,309
Certificates of deposit 200,543 215,390
Total deposits 1,062,785 1,004,666
Principal 17,700 18,917
Less unamortized debt issuance costs (150) (184)
Net term debt 17,550 18,733
Junior subordinated debentures 10,310 10,310
Other liabilities 12,831 13,177
Total liabilities 1,103,476 1,046,886
Commitments and contingencies (Note 8)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: issued and outstanding - 16,264,561 as of September 30, 2017 and 13,440,422 as of December 31, 2016 51,755 24,547
Retained earnings 76,179 70,218
Accumulated other comprehensive income (loss), net of tax 471 (659)
Total shareholders' equity 128,405 94,106
Total liabilities and shareholders' equity $ 1,231,881 $ 1,140,992