XML 20 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 13,493 $ 12,329
Interest-bearing balances with other financial institutions 2,003 955
Federal funds sold 30,477  
Total cash and cash equivalents 45,973 13,284
Interest-bearing time deposits with other financial institutions   4,317
Investment securities available for sale 133,625 135,721
Loans held for sale 1,959 2,678
Loans and leases, net of unearned interest 813,924 736,513
Less: Allowance for loan and lease losses (7,183) (6,168)
Net loans and leases 806,741 730,345
Bank premises and equipment, net 11,074 13,993
Bank premises and equipment held for sale 1,894  
Cash surrender value of life insurance 12,780 12,516
Restricted investment in bank stocks 2,443 4,266
Foreclosed assets held for sale 224 1,185
Accrued interest receivable 3,928 3,813
Deferred income taxes 4,286 1,821
Goodwill 3,918 3,918
Core deposit and other intangibles, net 539 665
Other assets 3,215 3,116
Total Assets 1,032,599 931,638
LIABILITIES & SHAREHOLDERS’ EQUITY    
Deposits: Noninterest-bearing demand 122,811 103,721
Deposits: Interest-bearing demand 317,533 247,356
Deposits: Money Market 252,271 208,386
Deposits: Savings 60,163 56,731
Deposits: Time 182,595 160,849
Total Deposits 935,373 777,043
Short-term borrowings   31,596
Long-term debt 13,581 40,305
Subordinated debt 7,414 7,414
Accrued interest payable 515 390
Other liabilities 5,249 4,822
Total Liabilities 962,132 861,570
Shareholders' Equity:    
Common stock, par value $1.00; authorized 10,000,000 shares; 4,233,297 shares and 4,226,717 shares issued at December 31, 2016 and December 31, 2015, respectively 4,233 4,227
Additional paid-in capital 40,688 40,559
Retained earnings 28,399 23,470
Accumulated other comprehensive (loss) income (2,853) 1,812
Total Shareholders’ Equity 70,467 70,068
Total Liabilities and Shareholders' Equity $ 1,032,599 $ 931,638