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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Noninterest-bearing $ 24,075,000 $ 17,667,000
Interest-bearing 53,567,000 17,535,000
Total cash and due from banks 77,642,000 35,202,000
Available-for-sale debt securities, at fair value 332,188,000 346,723,000
Marketable equity security 1,003,000 979,000
Loans held for sale 1,258,000 767,000
Loans receivable 1,241,413,000 1,182,222,000
Allowance for loan losses (11,026,000) (9,836,000)
Loans, net 1,230,387,000 1,172,386,000
Bank-owned life insurance 18,843,000 18,641,000
Accrued interest receivable 6,326,000 5,001,000
Bank premises and equipment, net 18,332,000 17,170,000
Foreclosed assets held for sale 1,593,000 2,886,000
Deferred tax asset, net 93,000 2,618,000
Goodwill 28,388,000 28,388,000
Core deposit intangibles, net 1,123,000 1,247,000
Other assets 28,290,000 22,137,000
TOTAL ASSETS 1,745,466,000 1,654,145,000
LIABILITIES    
Noninterest-bearing 353,707,000 285,904,000
Interest-bearing 1,027,471,000 966,756,000
Total deposits 1,381,178,000 1,252,660,000
Short-term borrowings 14,404,000 86,220,000
Long-term borrowings 72,904,000 52,127,000
Subordinated debt 6,500,000 6,500,000
Accrued interest and other liabilities 14,689,000 12,186,000
TOTAL LIABILITIES 1,489,675,000 1,409,693,000
STOCKHOLDERS' EQUITY    
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued 0 0
Common stock, par value $1.00 per share; authorized 20,000,000 shares; issued 13,934,996 and outstanding 13,807,157 at June 30, 2020; issued 13,934,996 and outstanding 13,716,445 at December 31, 2019 13,935,000 13,935,000
Paid-in capital 103,954,000 104,519,000
Retained earnings 128,661,000 126,480,000
Treasury stock, at cost; 127,839 shares at June 30, 2020 and 218,551 shares at December 31, 2019 (2,470,000) (4,173,000)
Accumulated other comprehensive income 11,711,000 3,691,000
TOTAL STOCKHOLDERS' EQUITY 255,791,000 244,452,000
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ 1,745,466,000 $ 1,654,145,000