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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets:    
Cash and due from banks $ 23,996 $ 17,979
Interest-bearing deposits in other banks 15,690 48,991
Total cash and cash equivalents 39,686 66,970
Securities available-for-sale, at fair value 247,639 267,954
Loans, net of deferred fees and costs 938,579 881,545
Allowance for loan and lease losses (12,388) (11,925)
Net loans 926,191 869,620
Premises and equipment, net 13,908 14,748
Other real estate owned 140 35
Life insurance 22,155 21,898
Deferred tax asset, net 7,815 6,505
Goodwill and core deposit intangible, net 1,920 2,030
Other assets 22,050 19,661
Total assets 1,281,504 1,269,421
Liabilities:    
Demand - noninterest-bearing 316,347 305,650
Demand - interest-bearing 465,087 496,990
Savings 106,170 110,837
Certificates of deposit 166,925 189,255
Total deposits 1,054,529 1,102,732
Federal Home Loan Bank of San Francisco borrowings 60,000
Other borrowings 15,296 17,096
Less unamortized debt issuance costs (115) (138)
Net term debt 75,181 16,958
Junior subordinated debentures 10,310 10,310
Other liabilities 11,406 12,157
Total liabilities 1,151,426 1,142,157
Commitments and contingencies (Note 7)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: issued and outstanding - 16,317,902 as of June 30, 2018 and 16,271,563 as of December 31, 2017 52,043 51,830
Retained earnings 81,475 75,700
Accumulated other comprehensive loss, net of tax (3,440) (266)
Total shareholders' equity 130,078 [1] 127,264 [2]
Total liabilities and shareholders' equity $ 1,281,504 $ 1,269,421
[1] Excludes 74 unvested restricted shares
[2] Excludes 74 unvested restricted shares