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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 25,436 $ 19,795
Interest-bearing balances with other financial institutions 4,775 3,028
Federal funds sold 9,196 691
Total cash and cash equivalents 39,407 23,514
Available for sale debt securities, at fair value 111,691 92,959
Investment securities available for sale, at fair value   93,465
Investment securities held to maturity, at amortized cost (fair value $150,016 and $100,483) 153,321 101,356
Loans held for sale 1,185 1,040
Loans and leases, net of unearned interest 1,036,479 910,404
Less: Allowance for loan and lease losses (8,189) (7,606)
Net loans and leases 1,028,290 902,798
Bank premises and equipment, net 23,905 16,168
Cash surrender value of life insurance 13,171 13,042
Restricted investment in bank stocks 2,765 4,384
Foreclosed assets held for sale 912 189
Accrued interest receivable 5,372 4,564
Deferred income taxes 2,540 1,888
Goodwill 23,107 3,918
Core deposit and other intangibles, net 4,878 434
Other assets 5,103 3,594
Total Assets 1,415,647 1,170,354
LIABILITIES & SHAREHOLDERS’ EQUITY    
Deposits: Noninterest-bearing demand 207,013 163,714
Deposits: Interest-bearing demand 349,109 349,241
Deposits: Money Market 273,215 246,220
Deposits: Savings 171,845 62,770
Deposits: Time 235,336 201,623
Total Deposits 1,236,518 1,023,568
Short-term borrowings   34,611
Long-term debt 12,241 12,352
Subordinated debt 17,342 17,338
Accrued interest payable 1,186 645
Other liabilities 6,585 6,137
Total Liabilities 1,273,872 1,094,651
Shareholders' Equity:    
Common stock, par value $1.00; authorized 10,000,000 shares; 6,124,517 and 4,242,216 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively 6,125 4,242
Additional paid-in capital 103,498 40,970
Retained earnings 35,386 32,565
Accumulated other comprehensive loss (3,234) (2,074)
Total Shareholders’ Equity 141,775 75,703
Total Liabilities and Shareholders' Equity $ 1,415,647 $ 1,170,354