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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 9,712 $ 8,869
Interest-bearing balances with other financial institutions 831 1,013
Federal funds sold 838  
Total cash and cash equivalents 11,381 9,882
Interest-bearing time deposits with other financial institutions 5,669 5,772
Available for sale investment securities 137,198 141,634
Loans and leases, net of unearned interest 705,152 571,533
Less: Allowance for loan and lease losses (6,851) (6,716)
Net loans and leases 698,301 564,817
Bank premises and equipment, net 14,344 12,225
Restricted investment in bank stocks 3,824 3,181
Foreclosed assets held for sale 767 565
Accrued interest receivable 3,465 3,058
Deferred income taxes 2,973 2,125
Goodwill 3,918 1,016
Core deposit and other intangibles, net 735 187
Cash surrender value of life insurance 12,375 8,575
Other assets 4,392 2,620
Total Assets 899,342 755,657
LIABILITIES & SHAREHOLDERS' EQUITY    
Deposits: Noninterest-bearing demand 85,097 60,613
Deposits: Interest-bearing demand 234,702 222,712
Deposits: Money Market 217,914 197,418
Deposits: Savings 58,048 32,394
Deposits: Time 158,164 124,785
Total Deposits 753,925 637,922
Short-term borrowings 14,981 578
Long-term debt 51,421 52,961
Accrued interest payable 541 349
Other liabilities 5,089 4,717
Total Liabilities 825,957 696,527
Shareholders' Equity:    
Common stock, par value $1.00; authorized 10,000,000 shares; 4,223,695 shares issued and outstanding at June 30, 2015 and 3,497,829 at December 31, 2014 4,224 3,498
Additional paid-in capital 40,507 29,902
Retained earnings 21,273 19,217
Accumulated other comprehensive income 631 1,513
Total Shareholders' Equity 73,385 59,130
Total Liabilities and Shareholders' Equity 899,342 755,657
Series B Preferred Stock [Member]    
Shareholders' Equity:    
Preferred stock 5,000 $ 5,000
Series C Preferred Stock [Member]    
Shareholders' Equity:    
Preferred stock $ 1,750