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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Cash and due from banks:    
Noninterest-bearing $ 18,084,000 $ 24,855,000
Interest-bearing 28,364,000 32,023,000
Total cash and due from banks 46,448,000 56,878,000
Available-for-sale debt securities, at fair value 405,094,000 415,755,000
Loans receivable 1,872,449,000 1,848,139,000
Allowance for credit losses (20,023,000) (19,208,000)
Loans, net 1,852,426,000 1,828,931,000
Bank-owned life insurance 49,857,000 63,674,000
Accrued interest receivable 9,465,000 9,140,000
Bank premises and equipment, net 21,852,000 21,632,000
Foreclosed assets held for sale 456,000 478,000
Deferred tax asset, net 17,703,000 17,441,000
Goodwill 52,505,000 52,505,000
Core deposit intangibles, net 2,372,000 2,469,000
Other assets 63,359,000 46,681,000
TOTAL ASSETS 2,521,537,000 2,515,584,000
Deposits:    
Noninterest-bearing 493,962,000 490,554,000
Interest-bearing 1,501,941,000 1,524,252,000
Total deposits 1,995,903,000 2,014,806,000
Short-term borrowings 48,831,000 33,874,000
Long-term borrowings - FHLB advances 148,824,000 138,337,000
Senior notes, net 14,848,000 14,831,000
Subordinated debt, net 24,745,000 24,717,000
Accrued interest and other liabilities 26,730,000 26,638,000
TOTAL LIABILITIES 2,259,881,000 2,253,203,000
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 30,000,000 shares; issued 16,030,172 and outstanding 15,378,065 at March 31, 2024; issued 16,030,172 and outstanding 15,295,135 at December 31, 2023 16,030,000 16,030,000
Paid-in capital 143,016,000 144,388,000
Retained earnings 158,051,000 157,028,000
Treasury stock, at cost; 652,107 shares at March 31, 2024 and 735,037 shares at December 31, 2023 (14,735,000) (16,628,000)
Accumulated other comprehensive loss (40,706,000) (38,437,000)
TOTAL STOCKHOLDERS' EQUITY 261,656,000 262,381,000
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ 2,521,537,000 $ 2,515,584,000