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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 14,912,000 $ 23,739,000
Interest bearing deposits with banks 695,219,000 375,613,000
Total Cash and Cash Equivalents 710,131,000 399,352,000
Equity Securities, FV-NI 2,609,000 2,170,000
Debt securities available for sale 437,098,000 337,718,000
Securities held to maturity, fair value $6,652; $10,768 6,454,000 10,294,000
Loans held for sale 2,193,000 11,034,000
Loans, net of allowance for loan losses $19,033; $20,226 1,449,394,000 1,617,558,000
Assets held for sale 1,093,000 0
Premises and equipment 30,980,000 33,013,000
Right of use assets 3,270,000 3,145,000
Restricted investment in bank stocks 2,303,000 2,942,000
Investment in bank-owned life insurance 64,261,000 63,401,000
Investments in low-income housing partnerships 1,254,000 1,380,000
Goodwill 42,108,000 42,108,000
Intangible assets 6,101,000 7,265,000
Other assets 27,738,000 23,982,000
Total assets 2,786,987,000 2,555,362,000
LIABILITIES    
Deposits: Non-interest bearing 623,360,000 556,666,000
Deposits: Interest bearing 1,803,029,000 1,628,859,000
Total Deposits 2,426,389,000 2,185,525,000
Short-term borrowings 35,202,000 38,464,000
Long-term borrowings 34,700,000 53,745,000
Lease liabilities 3,270,000 3,138,000
Other liabilities 15,312,000 16,518,000
Total Liabilities 2,514,873,000 2,297,390,000
STOCKHOLDERS' EQUITY    
Preferred stock, $2.50 par value; 20,000,000 shares authorized; no shares outstanding 0 0
Common stock, $2.50 par value; 20,000,000 shares authorized; 8,795,877 and 8,771,993 shares issued; 8,679,206 and 8,709,393 shares outstanding 21,978,000 21,918,000
Treasury stock, at cost (116,671 and 62,600 shares) (2,245,000) (728,000)
Additional paid-in capital 94,688,000 94,048,000
Retained earnings 167,238,000 148,372,000
Accumulated other comprehensive loss (9,545,000) (5,638,000)
Total Stockholders’ Equity 272,114,000 257,972,000
Total Liabilities and Stockholders’ Equity $ 2,786,987,000 $ 2,555,362,000