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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks, including required reserves of $6,545 and $6,669, respectively $ 32,199 $ 31,687
Interest-bearing deposits in banks 124,591 47,091
Federal funds sold 6,333 3,450
Securities available-for-sale, at fair value (cost of $325,888 at September 30, 2017 and $344,416 at December 31, 2016) 326,222 341,873
Securities held-to-maturity (fair value of $84,639 at September 30, 2017 and $98,261 at December 31, 2016) 83,739 98,211
Other investments 12,200 11,355
Loans 1,235,969 1,284,082
Allowance for loan losses (25,053) (24,372)
Loans, net 1,210,916 1,259,710
Bank premises and equipment, net 64,969 68,954
Accrued interest receivable 7,697 7,576
Goodwill 42,171 42,171
Intangibles 3,792 4,621
Cash surrender value of life insurance 14,834 14,335
Other real estate 1,931 2,175
Assets held for sale 1,100 0
Other assets 14,372 10,131
Total assets 1,947,066 1,943,340
Deposits:    
Non-interest-bearing 428,183 414,921
Interest-bearing 1,127,752 1,164,509
Total deposits 1,555,935 1,579,430
Securities sold under agreements to repurchase 54,875 94,461
Short-term Federal Home Loan Bank advances 12,500 0
Long-term Federal Home Loan Bank advances 25,110 25,424
Junior subordinated debentures 22,167 22,167
Other liabilities 8,836 7,482
Total liabilities 1,679,423 1,728,964
Commitments and contingencies
Shareholders’ equity:    
Common stock, $0.10 par value; 30,000,000 shares authorized, 16,548,829 and 11,362,716 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 1,655 1,136
Additional paid-in capital 168,322 111,166
Unearned ESOP shares (967) (1,233)
Accumulated other comprehensive income (loss) 773 (1,010)
Retained earnings 56,873 63,207
Total shareholders’ equity 267,643 214,376
Total liabilities and shareholders’ equity 1,947,066 1,943,340
Series B Preferred Stock    
Shareholders’ equity:    
Preferred stock 32,000 32,000
Series C Preferred stock    
Shareholders’ equity:    
Preferred stock $ 8,987 $ 9,110