XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 14,138 $ 14,070
Interest-bearing deposits in other banks 100,875 105,353
Total cash and cash equivalents 115,013 119,423
Securities—available for sale at fair value, amortized cost of $216,650 and $218,168, respectively 214,910 218,976
Loans held for sale, at fair value 41,895 55,384
Loans, net of allowance for loan losses of $34,023 and $35,726, respectively 1,028,097 992,062
Restricted stock, at cost 3,247 3,298
Corporate premises and equipment, net 37,100 36,969
Other real estate owned, net of valuation allowance of $57 and $57, respectively 246 168
Accrued interest receivable 7,436 7,589
Goodwill 14,425 14,425
Core deposit and other amortizable intangible assets, net 1,142 1,594
Bank-owned life insurance 16,065 15,589
Net deferred tax asset 12,193 12,093
Other assets 29,642 31,486
Total assets 1,521,411 1,509,056
Deposits    
Noninterest-bearing demand deposits 271,360 247,669
Savings and interest-bearing demand deposits 563,741 575,807
Time deposits 346,560 347,953
Total deposits 1,181,661 1,171,429
Short-term borrowings 14,917 20,621
Long-term borrowings 119,529 122,029
Trust preferred capital notes 25,245 25,210
Accrued interest payable 920 838
Other liabilities 27,181 27,227
Total liabilities 1,369,453 1,367,354
Commitments and contingent liabilities
Shareholders’ equity    
Common stock ($1.00 par value, 8,000,000 shares authorized, 3,497,122 and 3,495,845 shares issued and outstanding, respectively, includes 139,455 and 137,880 of unvested shares, respectively) 3,358 3,358
Additional paid-in capital 12,752 12,800
Retained earnings 140,520 127,431
Accumulated other comprehensive loss, net (4,672) (1,887)
Total shareholders’ equity 151,958 141,702
Total liabilities and shareholders’ equity $ 1,521,411 $ 1,509,056