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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 5,239 $ 15,573
Interest-bearing demand deposits 8,108 9,680
Cash and cash equivalents 13,347 25,253
Available-for-sale securities 200,875 123,991
Loans, net of allowance for loan losses of $2,121 and $2,043 at September 30, 2019 and December 31, 2018, respectively 419,144 407,640
Premises and equipment 12,487 12,117
Federal Home Loan Bank stock 4,012 4,243
Foreclosed assets held for sale, net 30 91
Core deposit and other intangible assets 1,579 1,692
Accrued interest receivable 2,232 1,798
Bank-owned life insurance 17,097 13,115
Other assets 5,018 3,273
Total assets 675,821 593,213
Deposits    
Demand 328,739 309,505
Savings 109,050 111,251
Time 112,207 104,687
Total deposits 549,996 525,443
Securities sold under repurchase agreements 9,902 8,068
Federal Home Loan Bank advances 20,800 106
Deferred federal income tax 2,018 219
Subordinated debentures 23,528 4,124
Pending available-for-sale securities purchases 3,153 0
Interest payable and other liabilities 6,369 4,610
Total liabilities 615,766 542,570
Stockholders' Equity    
Preferred stock, no par value, authorized 2,000,000 shares; no shares issued 0 0
Common stock, $1 par value; authorized 10,000,000 shares; issued 2019 - 5,959,351 shares, 2018 - 5,926,851 shares; outstanding 2019 - 5,916,942, 2018 - 5,739,203 5,959 5,927
Additional paid-in capital 22,632 22,556
Retained earnings 26,969 24,321
Stock held by deferred compensation plan; 2019 - 169,063 shares, 2018 - 182,457 shares (1,603) (1,701)
Unearned ESOP compensation (200) (404)
Accumulated other comprehensive gain (loss) 6,760 (10)
Treasury stock, at cost 2019 -42,409 shares, 2018 - 5,744 shares (462) (46)
Total stockholders' equity 60,055 50,643
Total liabilities and stockholders' equity $ 675,821 $ 593,213