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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 20,175 $ 27,701
Interest-bearing deposits in banks 207,902 174,909
Federal funds sold 4,375 2,761
Securities available-for-sale, at fair value (cost $421,482 and $443,928) 425,638 437,754
Securities held-to-maturity, (fair value $33,363 and $36,974) 33,219 37,759
Total securities 458,857 475,513
Other investments 18,261 16,614
Loans held for sale 10,304 23,876
Loans 880,037 899,785
Allowance for loan losses (28,129) (17,430)
Loans, net 851,908 882,355
Bank premises and equipment, net 54,221 55,382
Operating lease right-of-use assets 7,865 0
Goodwill and Intangibles 44,026 44,580
Cash surrender value of life insurance 15,248 15,135
Other real estate 387 1,067
Other assets 21,577 23,505
Total Assets 1,715,106 1,743,398
Deposits:    
Noninterest-bearing 399,619 383,167
Interest-bearing 1,023,770 1,068,904
Total deposits 1,423,389 1,452,071
Securities sold under agreements to repurchase 5,456 11,220
Operating lease liability 7,816 0
Federal Home Loan Bank advances 27,500 27,500
Junior subordinated debentures 22,167 22,167
Other liabilities 7,786 8,450
Total liabilities 1,494,114 1,521,408
Shareholders’ equity:    
Common stock, $0.10 par value; 30,000,000 shares authorized, 16,733,569 and 16,641,017 shares issued and outstanding, respectively 1,671 1,664
Additional paid-in capital 169,147 169,111
Accumulated other comprehensive income (loss) 5,610 (4,035)
Retained earnings 3,592 14,278
Total shareholders’ equity 220,992 221,990
Total liabilities and shareholders’ equity 1,715,106 1,743,398
Series B Preferred Stock    
Shareholders’ equity:    
Preferred stock 32,000 32,000
Series C Preferred stock    
Shareholders’ equity:    
Preferred stock $ 8,972 $ 8,972