Consolidated Balance Sheets - USD ($)
$ in Thousands |
Sep. 30, 2015 |
Dec. 31, 2014 |
| Assets |
|
|
| Cash and due from banks |
$ 6,514
|
$ 8,477
|
| Interest bearing deposits |
7,748
|
6,103
|
| Cash and cash equivalents |
14,262
|
14,580
|
| Interest bearing time deposits with banks |
991
|
992
|
| Investment securities available for sale |
53,853
|
48,818
|
| Mortgage loans held for sale |
|
216
|
| Loans, net of allowance for loan losses of $3,994 - 2015; $3,792 - 2014 |
348,314
|
338,901
|
| Premises and equipment |
11,696
|
11,440
|
| Accrued interest receivable |
1,368
|
1,237
|
| Restricted investments in bank stocks |
1,478
|
1,002
|
| Cash value of life insurance |
8,782
|
8,587
|
| Foreclosed assets |
1,057
|
1,022
|
| Goodwill |
2,297
|
2,297
|
| Intangible assets |
1,175
|
1,381
|
| Other assets |
6,692
|
5,673
|
| Total Assets |
451,965
|
436,146
|
| Deposits: |
|
|
| Demand, non-interest bearing |
54,020
|
53,620
|
| Demand, interest bearing |
139,396
|
132,860
|
| Savings and money market |
93,294
|
83,748
|
| Time |
92,025
|
102,034
|
| Total deposits |
378,735
|
372,262
|
| Capital lease payable |
|
1,655
|
| Short-term borrowings |
23,333
|
12,500
|
| Long-term borrowings |
7,350
|
7,000
|
| Accrued interest payable |
93
|
154
|
| Other liabilities |
5,734
|
4,367
|
| Total Liabilities |
$ 415,245
|
$ 397,938
|
| Shareholders' Equity |
|
|
| Preferred stock, 2015 and 2014, no par value; authorized 3,000,000 shares |
|
|
| Common stock, 2015 and 2014, no par value; authorized 5,000,000 shares; issued and outstanding 2015 2,711,258 shares; 2014 2,708,840 shares |
$ 22,077
|
$ 22,077
|
| Surplus |
254
|
201
|
| Retained earnings |
14,329
|
15,795
|
| Accumulated other comprehensive income |
60
|
135
|
| Total Shareholders' Equity |
36,720
|
38,208
|
| Total Liabilities and Shareholders' Equity |
$ 451,965
|
$ 436,146
|