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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 10,795 $ 12,503
Interest-bearing deposits at banks 19,440 581
Securities:    
Available for sale, at fair value (amortized cost: $115,188 at March 31, 2017; $95,810 at December 31, 2016) 114,896 95,222
Held to maturity, at amortized cost (fair value: $1,387 at March 31, 2017; $1,959 at December 31, 2016) 1,408 1,983
Federal Home Loan Bank common stock, at cost 1,366 2,185
Federal Reserve Bank common stock, at cost 1,546 1,546
Loans, net of allowance for loan losses of $13,579 at March 31, 2017 and $13,916 at December 31, 2016 932,004 928,596
Properties and equipment, net of accumulated depreciation of $17,328 at March 31, 2017 and $17,012 at December 31, 2016 11,065 11,310
Goodwill and intangible assets 8,638 8,406
Bank-owned life insurance 21,664 21,534
Other assets 16,838 16,843
TOTAL ASSETS 1,139,660 1,100,709
Deposits:    
Demand 194,747 201,741
NOW 103,907 88,632
Savings 531,408 508,652
Time 147,915 140,949
Total deposits 977,977 939,974
Securities sold under agreement to repurchase 11,679 10,159
Other borrowings 10,000 28,200
Other liabilities 16,047 14,298
Junior subordinated debentures 11,330 11,330
Total liabilities 1,027,033 1,003,961
CONTINGENT LIABILITIES AND COMMITMENTS
STOCKHOLDERS' EQUITY:    
Common stock, $.50 par value, 10,000,000 shares authorized; 4,763,696 and 4,302,504 shares issued at March 31, 2017 and December 31, 2016, respectively, and 4,763,696 and 4,300,634 outstanding at March 31, 2017 and December 31, 2016, respectively 2,384 2,153
Capital surplus 58,543 44,389
Treasury stock, at cost, 0 and 1,870 shares at March 31, 2017 and December 31, 2016, respectively
Retained earnings 53,874 52,630
Accumulated other comprehensive loss, net of tax (2,174) (2,424)
Total stockholders' equity 112,627 96,748
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,139,660 $ 1,100,709