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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and due from banks, including required reserves of $8,522 and $10,019, respectively $ 37,170 $ 45,142
Interest-bearing deposits in banks 48,331 39,031
Federal funds sold 3,700 2,699
Securities available-for-sale, at fair value (cost of $317,375 and $272,588 at December 31, 2015 and 2014, respectively) 318,159 276,984
Securities held-to-maturity (estimated fair value of $117,698 and $141,593 at December 31, 2015 and 2014, respectively) 116,792 141,201
Other investments 11,188 9,990
Loans 1,263,645 1,284,431
Allowance for loan losses (19,011) (11,226)
Loans, net 1,244,634 1,273,205
Bank premises and equipment, net 69,105 69,958
Accrued interest receivable 6,594 6,635
Goodwill 42,171 42,171
Intangibles 5,728 6,834
Cash surrender value of life insurance 13,622 13,659
Other real estate 4,187 4,234
Other assets 6,352 4,997
Total assets 1,927,733 1,936,740
Deposits:    
Noninterest-bearing 374,261 390,863
Interest-bearing 1,176,589 1,194,371
Total deposits 1,550,850 1,585,234
Securities sold under agreements to repurchase 85,957 62,098
Short-term Federal Home Loan Bank advances 25,000 25,000
Long-term Federal Home Loan Bank advances 25,851 26,277
Junior subordinated debentures 22,167 22,167
Other liabilities 4,771 6,952
Total liabilities $ 1,714,596 $ 1,727,728
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.10 par value; 30,000,000 shares authorized, 11,362,150 shares issued and outstanding at December 31, 2015 and 11,491,703 and 11,340,736 shares issued and outstanding at December 31, 2014, respectively $ 1,136 $ 1,149
Additional paid-in capital 110,771 112,744
Unearned ESOP shares (1,093) (250)
Accumulated other comprehensive income 509 2,857
Treasury stock- 150,967 shares at December 31, 2014 0 (3,295)
Retained earnings 60,694 54,439
Total stockholders’ equity 213,137 209,012
Total liabilities and stockholders’ equity 1,927,733 1,936,740
Series B Preferred stock    
Stockholders’ equity:    
Preferred stock 32,000 32,000
Series C Preferred stock    
Stockholders’ equity:    
Preferred stock $ 9,120 $ 9,368