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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets:    
Cash and due from banks $ 21,316 $ 17,979
Interest-bearing deposits in other banks 69,920 48,991
Total cash and cash equivalents 91,236 66,970
Securities available-for-sale, at fair value 239,633 267,954
Loans, net of deferred fees and costs 929,237 881,545
Allowance for loan and lease losses (12,392) (11,925)
Net loans 916,845 869,620
Premises and equipment, net 13,495 14,748
Other real estate owned 136 35
Life insurance 22,282 21,898
Deferred tax asset, net 8,084 6,505
Goodwill and core deposit intangible, net 1,864 2,030
Other assets 21,894 19,661
Total assets 1,315,469 1,269,421
Liabilities:    
Demand - noninterest-bearing 361,516 305,650
Demand - interest-bearing 510,553 496,990
Savings 111,388 110,837
Certificates of deposit 161,304 189,255
Total deposits 1,144,761 1,102,732
Other borrowings 14,396 17,096
Less unamortized debt issuance costs (103) (138)
Net term debt 14,293 16,958
Junior subordinated debentures 10,310 10,310
Other liabilities 13,136 12,157
Total liabilities 1,182,500 1,142,157
Commitments and contingencies (Note 7)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: issued and outstanding - 16,329,902 as of September 30, 2018 and 16,271,563 as of December 31, 2017 52,191 51,830
Retained earnings 84,857 75,700
Accumulated other comprehensive loss, net of tax (4,079) (266)
Total shareholders' equity 132,969 [1] 127,264 [2]
Total liabilities and shareholders' equity $ 1,315,469 $ 1,269,421
[1] Excludes 71 unvested restricted shares
[2] Excludes 71 unvested restricted shares