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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Cash and due from banks $ 2,999,000 $ 3,623,000
Interest earning deposits with banks 4,728,000 7,332,000
Cash and cash equivalents 7,727,000 10,955,000
Interest earning time deposits 6,238,000 6,738,000
Securities - available-for-sale 98,992,000 97,718,000
Securities - equity investments 17,000 7,000
Loans held for sale 212,000
Loans receivable, net of allowance for loan losses of $6,639 and $6,508 700,352,000 708,664,000
Federal bank stocks, at cost 5,799,000 6,351,000
Bank-owned life insurance 14,976,000 14,881,000
Accrued interest receivable 2,735,000 2,570,000
Premises and equipment, net 20,709,000 18,911,000
Goodwill 19,448,000 19,448,000
Core deposit intangible, net 1,378,000 1,423,000
Prepaid expenses and other assets 11,060,000 11,209,000
Total Assets 889,643,000 898,875,000
Deposits:    
Non-interest bearing 151,398,000 148,893,000
Interest bearing 608,029,000 612,653,000
Total deposits 759,427,000 761,546,000
Short-term borrowed funds 3,050,000 12,850,000
Long-term borrowed funds 32,250,000 32,500,000
Accrued interest payable 603,000 495,000
Accrued expenses and other liabilities 12,224,000 11,476,000
Total Liabilities 807,554,000 818,867,000
Commitments and Contingent Liabilities
Stockholders' Equity:    
Preferred stock, $1.00 par value, 3,000,000 shares authorized; Series C, non-cumulative preferred stock, $2.9 million liquidation value, 268,888 shares issued and outstanding; Series D, non-cumulative preferred stock, $1.3 million liquidation value, 133,705 shares issued and outstanding 4,206,000 4,206,000
Common stock, $1.25 par value, 12,000,000 shares authorized; 2,800,729 shares issued; 2,698,712 shares outstanding 3,501,000 3,501,000
Additional paid-in capital 46,491,000 46,401,000
Treasury stock, at cost; 102,017 shares (2,114,000) (2,114,000)
Retained earnings 35,489,000 34,371,000
Accumulated other comprehensive loss (5,484,000) (6,357,000)
Total Stockholders' Equity 82,089,000 80,008,000
Total Liabilities and Stockholders' Equity $ 889,643,000 $ 898,875,000