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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 15,387 $ 15,038
Interest-bearing deposits with banks 67,989 377
Cash and cash equivalents 83,376 15,415
Securities available for sale, at fair value 196,735 210,205
Loans receivable 988,679 924,581
Less: Allowance for loan losses 10,312 8,509
Net loans receivable 978,367 916,072
Regulatory stock, at cost 3,677 4,844
Bank premises and equipment, net 14,040 14,228
Bank owned life insurance 39,183 38,763
Accrued interest receivable 4,383 3,719
Foreclosed real estate owned 965 1,556
Goodwill 11,331 11,331
Other intangibles 191 235
Other assets 22,293 14,242
TOTAL ASSETS 1,354,541 1,230,610
LIABILITIES    
Deposits: Non-interest bearing demand 284,754 207,299
Deposits: Interest-bearing 801,484 750,230
Total deposits 1,086,238 957,529
Short-term borrowings 55,204 62,256
Other borrowings 50,823 56,438
Accrued interest payable 2,826 2,432
Other liabilities 16,786 14,527
TOTAL LIABILITIES 1,211,877 1,093,182
STOCKHOLDERS' EQUITY    
Preferred stock, no par value per share, authorized: 5,000,000 shares; issued: none
Common stock, $0.10 par value per share, authorized: 20,000,000 shares, issued: 2020: 6,342,568 shares, 2019: 6,340,563 shares 634 634
Surplus 49,778 49,471
Retained earnings 87,939 86,536
Treasury stock at cost: 2020: 13,778 shares; 2019: 12,007 shares (469) (400)
Accumulated other comprehensive income 4,782 1,187
TOTAL STOCKHOLDERS’ EQUITY 142,664 137,428
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,354,541 $ 1,230,610