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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 26,718 $ 13,315
Federal funds sold 36,099  
Interest-bearing deposits with banks 8,778 2,102
Securities available for sale (AFS), at fair value 107,962 68,164
Securities held to maturity (HTM), at amortized cost 97,217 99,246
Equity securities carried at fair value through income 4,359  
Non-marketable equity securities held in other financial institutions 249 121
Federal Home Loan Bank (FHLB) stock - at cost 2,547 7,276
Loans receivable 1,308,654 1,151,130
Less: allowance for loan losses (10,739) (10,515)
Net loans 1,297,915 1,140,615
Goodwill 10,708  
Premises and equipment, net 22,433 21,391
Other real estate owned (OREO) 8,207 9,341
Accrued interest receivable 5,032 4,511
Investment in bank owned life insurance 36,071 29,398
Core deposit intangible 2,993  
Net deferred tax assets 6,999 5,922
Other assets 2,122 4,559
Total assets 1,676,409 1,405,961
Liabilities and Stockholders' Equity    
Non-interest-bearing deposits 217,151 159,844
Interest-bearing deposits 1,235,220 946,393
Total deposits 1,452,371 1,106,237
Short-term borrowings 5,000 87,500
Long-term debt 20,451 55,498
Guaranteed preferred beneficial interest in junior subordinated debentures (TRUPs) 12,000 12,000
Subordinated notes - 6.25% 23,000 23,000
Accrued expenses and other liabilities 13,439 11,769
Total liabilities 1,526,261 1,296,004
Stockholders' Equity    
Common stock - par value $.01; authorized - 15,000,000 shares; issued 5,575,024 and 4,649,658 shares, respectively 56 46
Additional paid in capital 84,246 48,209
Retained earnings 69,295 63,648
Accumulated other comprehensive loss (2,633) (1,191)
Unearned ESOP shares (816) (755)
Total stockholders' equity 150,148 109,957
Total liabilities and stockholders' equity $ 1,676,409 $ 1,405,961