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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 3,072 $ 2,758
Interest earning deposits with banks 11,302 14,810
Total cash and cash equivalents 14,374 17,568
Securities available for sale 101,167 101,560
Loans receivable, net of allowance for loan losses of $6,127 and $5,545 577,234 515,435
Loans held for sale 504 68
Federal bank stocks, at cost 4,662 4,861
Bank-owned life insurance 11,724 11,390
Accrued interest receivable 2,217 1,815
Premises and equipment, net 18,010 18,282
Goodwill 10,288 10,288
Core deposit intangible, net 481 560
Prepaid expenses and other assets 9,423 10,308
Total Assets 750,084 692,135
Deposits:    
Non-interest bearing 126,263 123,717
Interest bearing 528,380 461,223
Total deposits 654,643 584,940
Borrowed funds 26,000 44,000
Accrued interest payable 413 239
Accrued expenses and other liabilities 9,937 8,883
Total Liabilities 690,993 638,062
Commitments and Contingent Liabilities (Note 13)
Stockholders' Equity    
Common stock, $1.25 par value, 12,000,000 shares authorized; 2,373,156 and 2,254,375 shares issued; 2,271,139 and 2,152,358 shares outstanding 2,966 2,818
Additional paid-in capital 31,031 27,900
Treasury stock, at cost; 102,017 shares (2,114) (2,114)
Retained earnings 32,726 29,960
Accumulated other comprehensive loss (5,518) (4,491)
Total Stockholders' Equity 59,091 54,073
Total Liabilities and Stockholders' Equity $ 750,084 $ 692,135