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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 41,533,000 $ 35,895,000
Federal funds sold and interest bearing deposits 16,360,000 67,938,000
Cash and cash equivalents 57,893,000 103,833,000
Mortgage loans held for sale 5,959,000 6,800,000
Securities available-for-sale (amortized cost of $533,873 in 2016 and $564,391 in 2015) 541,681,000 565,876,000
Federal Home Loan Bank stock and other securities 6,347,000 6,347,000
Loans 2,222,706,000 2,033,007,000
Less allowance for loan losses 24,369,000 22,441,000
Net loans 2,198,337,000 2,010,566,000
Premises and equipment, net 42,903,000 39,557,000
Bank owned life insurance 31,653,000 30,996,000
Accrued interest receivable 6,952,000 6,610,000
Other assets 46,940,000 46,216,000
Total assets 2,938,665,000 2,816,801,000
Liabilities and Stockholders’ Equity    
Non-interest bearing 680,078,000 583,768,000
Interest bearing 1,710,519,000 1,787,934,000
Total deposits 2,390,597,000 2,371,702,000
Securities sold under agreements to repurchase 67,315,000 64,526,000
Federal funds purchased and other short-term borrowing 76,387,000 22,477,000
Federal Home Loan Bank advances 51,366,000 43,468,000
Accrued interest payable 116,000 127,000
Other liabilities 41,314,000 27,982,000
Total liabilities 2,627,095,000 2,530,282,000
Stockholders’ equity:    
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outstanding
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 22,562,572 and 14,919,351 shares in 2016 and 2015, respectively 36,068,000 10,616,000
Additional paid-in capital 24,050,000 44,180,000
Retained earnings 247,011,000 231,091,000
Accumulated other comprehensive income 4,441,000 632,000
Total stockholders’ equity 311,570,000 286,519,000
Total liabilities and stockholders’ equity $ 2,938,665,000 $ 2,816,801,000