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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 22,884 $ 21,338
Interest-bearing deposits in other banks 104,999 59,266
Total cash and cash equivalents 127,883 80,604
Securities available-for-sale, at fair value 337,032 286,950
Loans, net of deferred fees and costs 1,205,028 1,035,065
Allowance for loan and lease losses (16,873) (12,231)
Net loans 1,188,155 1,022,834
Premises and equipment, net 15,210 15,906
Other real estate owned 8 35
Life insurance 24,086 23,701
Deferred tax asset, net 2,571 4,553
Goodwill 11,671 11,671
Other intangible assets, net 4,235 4,809
Other assets 29,037 28,553
Total assets 1,739,888 1,479,616
Liabilities:    
Demand - noninterest-bearing 542,060 432,680
Demand - interest-bearing 280,370 239,258
Money market 403,785 307,559
Savings 151,016 135,888
Certificates of deposit 140,900 151,786
Total deposits 1,518,131 1,267,171
Term debt:    
Federal Home Loan Bank of San Francisco borrowings 10,000 0
Junior subordinated debentures 10,310 10,310
Other liabilities 18,104 17,700
Total liabilities 1,566,538 1,305,138
Commitments and contingencies (Note 7)
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized: issued and outstanding - 16,791,685 as of September 30, 2020 and 18,137,167 as of December 31, 2019 58,872 71,311
Retained earnings 107,154 100,566
Accumulated other comprehensive income, net of tax 7,324 2,601
Total shareholders' equity 173,350 174,478
Total liabilities and shareholders' equity 1,739,888 1,479,616
Term Debt [Member]    
Term debt:    
Other borrowings 10,000 10,000
Less unamortized debt issuance costs (7) (43)
Net term debts $ 19,993 $ 9,957