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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Cash and cash equivalents    
Cash and due from banks $ 37,675 $ 30,415
Interest-bearing deposits in other banks 193 7,093
Federal funds sold   242,425
Total cash and cash equivalents 37,868 279,933
Investment securities:    
Available-for-sale 477,703 517,321
Equity investments carried at fair value 110 140
Held-to-maturity: Fair value December 31, 2022, $76,563; December 31, 2021, $70,446 91,179 71,213
Total investment securities 568,992 588,674
Loans 2,730,116 2,329,173
Less: allowance for loan losses 27,472 28,383
Net loans 2,702,644 2,300,790
Loans held for sale   408
Goodwill 63,370 63,370
Premises and equipment, net 55,667 51,502
Bank owned life insurance 48,344 42,754
Deferred tax assets 18,739 5,355
Accrued interest receivable 11,715 8,528
Intangible assets, net 105 468
Other assets 46,071 27,701
Total assets 3,553,515 3,369,483
Deposits:    
Noninterest-bearing 772,765 737,756
Interest-bearing 2,273,833 2,225,641
Total deposits 3,046,598 2,963,397
Short-term borrowings 114,930  
Long-term debt 555 2,711
Subordinated debentures 33,000 33,000
Accrued interest payable 903 408
Other liabilities 42,179 29,841
Total liabilities 3,238,165 3,029,357
Stockholders' equity:    
Common stock, par value $2.00, authorized 25,000,000 shares, issued and outstanding 7,158,017 shares at December 31, 2022 and 7,169,372 shares at December 31, 2021 14,321 14,341
Capital surplus 126,850 127,549
Retained earnings 230,515 203,750
Accumulated other comprehensive loss (56,336) (5,514)
Total stockholders' equity 315,350 340,126
Total liabilities and stockholders' equity $ 3,553,515 $ 3,369,483