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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 4,868 $ 4,662
Interest-bearing demand deposits 8,042 9,653
Cash and cash equivalents 12,910 14,315
Available-for-sale securities 86,466 44,959
Loans, net of allowance for loan losses of $2,004 and $2,122 at September 30, 2018 and December 31, 2017, respectively 391,178 366,467
Premises and equipment 11,645 11,740
Federal Home Loan Bank stock 4,164 4,164
Foreclosed assets held for sale, net 387 397
Accrued interest receivable 1,567 993
Deferred income taxes 851 349
Bank-owned life insurance 12,334 12,114
Other assets 3,777 3,834
Total assets 525,279 459,332
Deposits    
Demand 268,604 237,980
Savings 80,649 82,169
Time 85,078 65,817
Total deposits 434,331 385,966
Securities sold under repurchase agreements 15,399 11,085
Federal Home Loan Bank advances 22,139 10,022
Subordinated debentures 4,124 4,124
Interest payable and other liabilities 4,174 4,240
Total liabilities 480,167 415,437
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 2018 –5,560,304 shares, 2017 – 5,435,304 shares; outstanding 2018 – 5,376,471, 2017 - 5,244,105 5,560 5,435
Additional paid-in capital 18,052 18,020
Retained earnings 24,795 23,260
Stock held by deferred compensation plan; 2018 –178,089 shares, 2017 – 185,355 shares (1,622) (1,671)
Unearned ESOP compensation (474) (683)
Accumulated other comprehensive loss (1,153) (420)
Treasury stock, at cost 2018 –5,744 shares, 2017 – 5,744 shares (46) (46)
Total stockholders' equity 45,112 43,895
Total liabilities and stockholders' equity $ 525,279 $ 459,332