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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 15,697 $ 12,329
Interest-bearing balances with other financial institutions 942 955
Federal funds sold 27,130  
Total cash and cash equivalents 43,769 13,284
Interest-bearing time deposits with other financial institutions   4,317
Investment securities available for sale 173,444 135,721
Loans and leases, net of unearned interest 791,484 739,191
Less: Allowance for loan and lease losses (7,482) (6,168)
Net loans and leases 784,002 733,023
Bank premises and equipment, net 13,325 13,993
Cash surrender value of life insurance 12,716 12,516
Restricted investment in bank stocks 2,709 4,266
Foreclosed assets held for sale 501 1,185
Accrued interest receivable 4,032 3,813
Deferred income taxes 1,076 1,821
Goodwill 3,918 3,918
Core deposit and other intangibles, net 562 665
Other assets 2,633 3,116
Total Assets 1,042,687 931,638
LIABILITIES & SHAREHOLDERS’ EQUITY    
Deposits: Noninterest-bearing demand 128,013 103,721
Deposits: Interest-bearing demand 321,976 247,356
Deposits: Money Market 249,204 208,386
Deposits: Savings 59,302 56,731
Deposits: Time 179,722 160,849
Total Deposits 938,217 777,043
Short-term borrowings   31,596
Long-term debt 13,638 40,305
Subordinated debt 7,411 7,414
Accrued interest payable 748 390
Other liabilities 7,588 4,822
Total Liabilities 967,602 861,570
Shareholders' Equity:    
Common stock, par value $1.00; authorized 10,000,000 shares; 4,232,166 and 4,226,717 shares issued and outstanding at September 30, 2016, and at December 31, 2015, respectively 4,232 4,227
Additional paid-in capital 40,644 40,559
Retained earnings 27,253 23,470
Accumulated other comprehensive income 2,956 1,812
Total Shareholders’ Equity 75,085 70,068
Total Liabilities and Shareholders' Equity $ 1,042,687 $ 931,638