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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 21,306 $ 23,692
Interest-bearing deposits in other banks 19,319 23,673
Total cash and cash equivalents 40,625 47,365
Securities available-for-sale, at fair value 285,819 256,928
Loans, net of deferred fees and costs 1,038,729 948,178
Allowance for loan and lease losses (12,445) (12,292)
Net loans 1,026,284 935,886
Premises and equipment, net 15,836 13,119
Other real estate owned 31
Life insurance 23,449 22,410
Deferred tax asset, net 4,791 7,039
Goodwill and core deposit intangible, net 16,900 1,841
Other assets 28,282 22,485
Total assets 1,441,986 1,307,104
Liabilities:    
Demand - noninterest-bearing 397,349 347,199
Demand - interest-bearing 238,175 252,202
Money market 300,847 265,093
Savings 138,591 114,840
Certificates of deposit 160,556 152,382
Total deposits 1,235,518 1,131,716
Term debt:    
Junior subordinated debentures 10,310 10,310
Other liabilities 18,372 13,352
Total liabilities 1,274,133 1,168,783
Commitments and contingencies (Note 7)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: issued and outstanding - 18,213,886 as of June 30, 2019 and 16,333,502 as of December 31, 2018 72,087 52,284
Retained earnings 93,363 89,045
Accumulated other comprehensive income (loss), net of tax 2,403 (3,008)
Total shareholders' equity 167,853 138,321
Total liabilities and shareholders' equity 1,441,986 1,307,104
Term Debt [Member]    
Term debt:    
Other borrowings 10,000 13,496
Less unamortized debt issuance costs (67) (91)
Net term debt $ 9,933 $ 13,405