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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Cash and due from banks:    
Noninterest-bearing $ 18,306 $ 14,051
Interest-bearing 2,366 158,782
Total cash and cash equivalents 20,672 172,833
Interest bearing time deposits with other banks 8,048 11,026
Equity securities 2,309 2,270
Available-for-sale securities 462,883 412,402
Loans held for sale 1,205 4,554
Loans (net of allowance for loan losses: 2022 $17,570 and 2021, $17,304) 1,577,806 1,424,229
Premises and equipment 17,476 17,016
Accrued interest receivable 5,874 5,235
Goodwill [1] 31,376 31,376
Bank owned life insurance 38,922 38,503
Other intangibles 1,449 1,627
Fair value of derivative instruments 14,639 4,011
Other assets 30,203 18,781
TOTAL ASSETS 2,212,862 2,143,863
Deposits:    
Noninterest-bearing 382,155 358,073
Interest-bearing 1,496,556 1,478,078
Total deposits 1,878,711 1,836,151
Borrowed funds 110,540 73,977
Accrued interest payable 566 711
Other liabilities 28,013 20,532
TOTAL LIABILITIES 2,017,830 1,931,371
STOCKHOLDERS' EQUITY:    
Preferred Stock $1.00 par value; authorized 3,000,000 shares at June 30, 2022 and December 31, 2021; none issued in 2022 or 2021 0 0
Common stock $1.00 par value; authorized 25,000,000 shares at June 30, 2022 and December 31, 2021; issued 4,427,687 at June 30, 2022 and 4,388,901 at December 31, 2021 4,428 4,389
Additional paid-in capital 80,892 78,395
Retained earnings 153,315 146,010
Accumulated other comprehensive (loss) (26,559) (155)
Treasury stock, at cost: 457,534 shares at June 30, 2022 and 444,481 shares at December 31, 2021 (17,044) (16,147)
TOTAL STOCKHOLDERS' EQUITY 195,032 212,492
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,212,862 $ 2,143,863
[1] Excludes fully amortized intangible assets