XML 12 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 32,104 $ 23,692
Interest-bearing deposits in other banks 30,425 23,673
Total cash and cash equivalents 62,529 47,365
Securities available-for-sale, at fair value 294,117 256,928
Loans, net of deferred fees and costs 1,036,598 948,178
Allowance for loan and lease losses (12,242) (12,292)
Net loans 1,024,356 935,886
Premises and equipment, net 15,391 13,119
Other real estate owned 34 31
Life insurance 23,294 22,410
Deferred tax asset, net 6,072 7,039
Goodwill and core deposit intangible, net 17,094 1,841
Other assets 28,604 22,485
Total assets 1,471,491 1,307,104
Liabilities:    
Demand - noninterest-bearing 385,696 347,199
Demand - interest-bearing 241,292 252,202
Money market 311,853 265,093
Savings 139,237 114,840
Certificates of deposit 170,216 152,382
Total deposits 1,248,294 1,131,716
Federal Home Loan Bank of San Francisco borrowings 20,000
Other borrowings 12,596 13,496
Less unamortized debt issuance costs (79) (91)
Net term debt 32,517 13,405
Junior subordinated debentures 10,310 10,310
Other liabilities 18,272 13,352
Total liabilities 1,309,393 1,168,783
Commitments and contingencies (Note 7)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: issued and outstanding - 18,213,334 as of March 31, 2019 and 16,333,502 as of December 31, 2018 71,966 52,284
Retained earnings 90,626 89,045
Accumulated other comprehensive loss, net of tax (494) (3,008)
Total shareholders' equity 162,098 138,321
Total liabilities and shareholders' equity $ 1,471,491 $ 1,307,104