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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 18,093 $ 20,484
Federal funds sold and other overnight interest-bearing deposits 18,939 7,893
Cash and cash equivalents 37,032 28,377
Investment in available-for-sale securities, at fair value 235,154 235,054
Other investments and securities, at cost 9,040 8,037
Total investment securities 244,194 243,091
Loans 922,942 865,080
Allowances for loan losses (9,392) (8,604)
Net loans 913,550 856,476
Premises and equipment - net 36,082 36,389
Mortgage servicing rights 2,511 2,847
Other real estate and repossessed assets - net 15,254 15,992
Accrued interest receivable 4,626 4,853
Cash surrender value - life insurance 2,379 2,348
Other assets 10,096 10,548
Total assets 1,265,724 1,200,921
Deposits    
Non-interest bearing demand 217,777 208,035
Savings, interest checking and money market 477,797 441,080
Time deposits $100,000 and over 149,734 132,244
Other time deposits 159,933 165,838
Total deposits 1,005,241 947,197
Federal funds purchased and securities sold under agreements to repurchase 35,694 56,834
Subordinated notes 49,486 49,486
Federal Home Loan Bank advances 74,000 50,000
Accrued interest payable 372 382
Other liabilities 9,190 9,736
Total liabilities 1,173,983 1,113,635
Stockholders' equity:    
Common stock, $1 par value, authorized 15,000,000 shares; issued 5,605,202 shares, respectively 5,605 5,605
Surplus 41,709 38,549
Retained earnings 48,419 48,700
Accumulated other comprehensive loss, net of tax (216) (2,018)
Treasury stock; 179,313 and 164,013 shares, at cost (3,776) (3,550)
Total stockholders' equity 91,741 87,286
Total liabilities and stockholders' equity $ 1,265,724 $ 1,200,921