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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 8,164 $ 7,424
Interest-bearing deposits in other banks 169,063 91,581
Total cash and cash equivalents 177,227 99,005
Securities available-for-sale, at fair value 144,649 169,993
Securities held-to-maturity at amortized cost, fair value of $79,731 and $79,532 as of September 30, 2024 and December 31, 2023, respectively 92,863 95,505
Securities held-to-maturity, net 92,863 95,505
Restricted securities, at cost 7,630 5,012
Equity securities, at fair value 2,698 2,792
Loans, net of unearned income 1,842,598 1,859,967
Less: Allowance for loan credit losses (18,481) (19,543)
Loans, net 1,824,117 1,840,424
Bank premises and equipment, net 1,179 1,281
Accrued interest receivable 5,657 6,110
Right of use assets 3,824 4,176
Other assets 14,519 18,251
Total assets 2,274,363 2,242,549
Deposits:    
Non-interest bearing demand deposits 472,422 411,374
Interest-bearing demand deposits 685,385 607,971
Savings deposits 43,779 52,061
Time deposits 734,564 835,194
Total deposits 1,936,150 1,906,600
Federal funds purchased   10,000
Federal Home Loan Bank advances 56,000  
Federal Reserve Bank borrowings   54,000
Subordinated debt 24,770 24,708
Accrued interest payable 2,304 4,559
Lease liabilities 4,090 4,446
Other liabilities 7,931 8,322
Total liabilities 2,031,245 2,012,635
Commitments and contingencies
Shareholders' Equity    
Preferred stock, par value $0.01 per share; authorized 1,000,000 shares; none issued
Additional paid-in capital 97,017 95,636
Retained earnings 155,174 146,388
Accumulated other comprehensive loss (9,215) (12,251)
Total shareholders' equity 243,118 229,914
Total liabilities and shareholders' equity 2,274,363 2,242,549
Common stock, non voting    
Shareholders' Equity    
Common stock
Common stock, voting    
Shareholders' Equity    
Common stock $ 142 $ 141