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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 77,313 $ 77,020
Interest bearing deposits in banks 1,800 1,307
Cash and cash equivalents 79,113 78,327
Investment securities - available for sale (at fair value) 103,582 94,494
Investment securities - held to maturity, net of allowance for credit losses of $59 at June 30, 2025 and December 31, 2024 (fair value $148,496 at June 30, 2025 and $144,760 at December 31, 2024) 174,951 175,497
Equity investments not held for trading with readily determinable fair values 1,008  
Restricted investment in bank stock, at cost 5,815 5,768
Loans held for sale 110 806
Loans 1,502,481 1,480,793
Unearned fees (533) (442)
Allowance for credit losses (19,044) (18,170)
Net loans 1,482,904 1,462,181
Premises and equipment, net 29,644 30,081
Goodwill and other intangibles 11,609 11,773
Bank owned life insurance 49,642 48,952
Deferred tax assets 9,151 9,989
Other real estate owned, net 3,035 3,062
Repossessed assets 2,802 2,802
Right of use assets 1,058 1,204
Pension asset 18,537 17,824
Accrued interest receivable 7,160 7,473
Other assets 27,350 22,789
Total Assets 2,007,471 1,973,022
Liabilities:    
Non-interest bearing deposits 425,784 426,737
Interest bearing deposits 1,188,423 1,148,092
Total deposits 1,614,207 1,574,829
Short-term borrowings 50,954 65,409
Long-term borrowings 120,929 120,929
Operating lease liability 1,231 1,384
SERP deferred compensation 8,465 8,335
Allowance for credit losses on off-balance sheet credit exposures 995 863
Accrued interest payable 935 489
Other liabilities 17,179 20,065
Dividends payable 1,429 1,424
Total Liabilities 1,816,324 1,793,727
Shareholders' Equity:    
Common Stock - par value $0.01 per share; Authorized 25,000,000 shares; issued and outstanding 6,494,611 shares at June 30, 2025 and 6,471,096 at December 31, 2024 65 65
Surplus 21,121 20,476
Retained earnings 197,938 189,002
Accumulated other comprehensive loss (27,977) (30,248)
Total Shareholders' Equity 191,147 179,295
Total Liabilities and Shareholders' Equity $ 2,007,471 $ 1,973,022