XML 18 R3.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 40,067,000 $ 14,912,000
Interest bearing deposits with banks 128,094,000 695,219,000
Total Cash and Cash Equivalents 168,161,000 710,131,000
Equity securities with readily determinable fair values 1,719,000 2,609,000
Debt securities available for sale 553,554,000 437,098,000
Securities held to maturity, fair value $58,078; $6,652 64,977,000 6,454,000
Loans held for sale 123,000 2,193,000
Loans, net of allowance for loan losses $17,861; $19,033 1,520,749,000 1,449,394,000
Assets held for sale 3,393,000 1,093,000
Premises and equipment 27,053,000 30,980,000
Right of use assets 3,162,000 3,270,000
Restricted investment in bank stocks 1,629,000 2,303,000
Investment in bank-owned life insurance 77,993,000 64,261,000
Investments in low-income housing partnerships 1,129,000 1,254,000
Goodwill 44,185,000 42,108,000
Intangible assets, net 10,332,000 6,101,000
Foreclosed assets held for resale 474,000 0
Other assets 46,874,000 27,738,000
Total assets 2,525,507,000 2,786,987,000
LIABILITIES    
Deposits: Non-interest bearing 595,049,000 623,360,000
Deposits: Interest bearing 1,603,926,000 1,803,029,000
Total Deposits 2,198,975,000 2,426,389,000
Short-term borrowings 41,954,000 35,202,000
Long-term borrowings 21,000,000 34,700,000
Lease liabilities 3,162,000 3,270,000
Other liabilities 15,374,000 15,312,000
Total Liabilities 2,280,465,000 2,514,873,000
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; 8,838,720 and 8,795,877 shares issued; 8,515,120 and 8,679,206 shares outstanding 22,086,000 21,978,000
Treasury stock, at cost (323,600 and 116,671 shares) (8,927,000) (2,245,000)
Additional paid-in capital 96,022,000 94,688,000
Retained earnings 193,873,000 167,238,000
Accumulated other comprehensive loss (58,012,000) (9,545,000)
Total Stockholders’ Equity 245,042,000 272,114,000
Total Liabilities and Stockholders’ Equity $ 2,525,507,000 $ 2,786,987,000