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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Cash and cash equivalents    
Cash and due from banks $ 37,774 $ 37,675
Interest-bearing deposits in other banks 5,814 193
Federal funds sold 93,100  
Total cash and cash equivalents 136,688 37,868
Investment securities:    
Available-for-sale 395,826 477,703
Equity investments carried at fair value 92 110
Held-to-maturity: Fair value June 30, 2023, $74,013; December 31, 2022, $76,563 88,211 91,179
Total investment securities 484,129 568,992
Loans 2,843,238  
Less: allowance for credit losses 23,218 27,472
Net loans 2,820,020  
Loans   2,730,116
Less: allowance for credit losses   27,472
Net loans   2,702,644
Goodwill 63,370 63,370
Premises and equipment, net 57,712 55,667
Bank owned life insurance 48,857 48,344
Deferred tax assets 16,258 18,739
Accrued interest receivable 11,406 11,715
Intangible assets, net 48 105
Other assets 43,287 46,071
Total assets 3,681,775 3,553,515
Deposits:    
Noninterest-bearing 713,375 772,765
Interest-bearing 2,516,106 2,273,833
Total deposits 3,229,481 3,046,598
Short-term borrowings 19,530 114,930
Long-term debt 25,000 555
Subordinated debentures 33,000 33,000
Accrued interest payable 4,701 903
Other liabilities 38,276 42,179
Total liabilities 3,349,988 3,238,165
Stockholders' equity:    
Common stock, par value $2.00, authorized 25,000,000 shares, issued and outstanding 7,130,409 shares at June 30, 2023 and 7,158,017 shares at December 31, 2022 14,272 14,321
Capital surplus 125,371 126,850
Retained earnings 244,017 230,515
Accumulated other comprehensive loss (51,873) (56,336)
Total stockholders' equity 331,787 315,350
Total liabilities and stockholders' equity $ 3,681,775 $ 3,553,515