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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 32,505 $ 23,692
Interest-bearing deposits in other banks 56,099 23,673
Total cash and cash equivalents 88,604 47,365
Securities available-for-sale, at fair value 272,341 256,928
Loans, net of deferred fees and costs 1,035,062 948,178
Allowance for loan and lease losses (12,285) (12,292)
Net loans 1,022,777 935,886
Premises and equipment, net 16,084 13,119
Other real estate owned 58 31
Life insurance 23,576 22,410
Deferred tax asset, net 4,818 7,039
Goodwill and core deposit intangible, net 16,672 1,841
Other assets 27,497 22,485
Total assets 1,472,427 1,307,104
Liabilities:    
Demand - noninterest-bearing 412,410 347,199
Demand - interest-bearing 239,547 252,202
Money market 317,120 265,093
Savings 137,441 114,840
Certificates of deposit 155,621 152,382
Total deposits 1,262,139 1,131,716
Term debt:    
Junior subordinated debentures 10,310 10,310
Other liabilities 18,396 13,352
Total liabilities 1,300,790 1,168,783
Commitments and contingencies (Note 7)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: issued and outstanding - 18,211,568 as of September 30, 2019 and 16,333,502 as of December 31, 2018 72,200 52,284
Retained earnings 97,100 89,045
Accumulated other comprehensive income (loss), net of tax 2,337 (3,008)
Total shareholders' equity 171,637 138,321
Total liabilities and shareholders' equity 1,472,427 1,307,104
Term Debt [Member]    
Term debt:    
Other borrowings 10,000 13,496
Less unamortized debt issuance costs (55) (91)
Net term debt $ 9,945 $ 13,405