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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 40,902 $ 37,280
Interest-bearing due from banks 88,711 48,610
Federal funds sold 6 3,975
Cash and cash equivalents 129,619 89,865
Securities available-for-sale, at fair value 160,301 145,715
Restricted securities, at cost 3,152 2,926
Loans held for sale 3,494 590
Loans, net [1] 846,912 738,205
Premises and equipment, net 34,425 35,312
Premises and equipment, held for sale 0 907
Bank-owned life insurance 27,970 27,547
Other real estate owned, net 254 0
Goodwill 1,650 1,650
Core deposit intangible, net 341 363
us-gaap:OtherAssets 13,127 11,408
Total assets 1,221,245 1,054,488
Deposits:    
Noninterest-bearing deposits 343,723 262,558
Savings deposits 459,379 399,020
Time deposits 208,818 227,918
Total deposits 1,011,920 889,496
Overnight repurchase agreements 7,972 11,452
Federal Home Loan Bank advances 42,000 37,000
Federal Reserve Bank Borrowings 37,340 0
Other borrowings 1,650 1,950
us-gaap:OtherLiabilities 4,494 4,834
Total liabilities 1,105,376 944,732
Stockholders' equity:    
Common stock, $5 par value, 10,000,000 shares authorized; 5,221,244 and 5,200,038 shares outstanding (includes 30,027 and 19,933 of nonvested restricted stock, respectively) 25,956 25,901
Additional paid-in capital 21,093 20,959
Retained earnings 65,468 62,975
Accumulated other comprehensive income (loss), net 3,352 (79)
Total stockholders' equity 115,869 109,756
Total liabilities and stockholders' equity $ 1,221,245 $ 1,054,488
[1] Net deferred loan fees totaled $1.8 million and $557 thousand at June 30, 2020 and December 31, 2019, respectively.