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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 28,847 $ 21,073
Interest-bearing deposits with banks 3,019 185,608
Cash and cash equivalents 31,866 206,681
Securities available for sale 418,927 406,782
Loans receivable (net of allowance for loan losses 2022: $16,999; 2021: $16,442) 1,456,946 1,338,489
Regulatory stock, at cost 5,418 3,927
Premises and equipment, net 17,924 17,289
Bank owned life insurance 43,364 40,038
Accrued interest receivable 6,917 5,889
Foreclosed real estate owned 346 1,742
Deferred tax assets, net 23,549 8,791
Goodwill 29,266 29,266
Other intangibles 306 407
Other assets 12,241 9,203
Total Assets 2,047,070 2,068,504
Deposits:    
Non-interest bearing demand 434,529 440,652
Interest-bearing demand 237,891 196,786
Money market deposit accounts 273,165 309,439
Savings 278,372 281,214
Time 503,770 528,702
Total Deposits 1,727,727 1,756,793
Short-term borrowings 93,215 60,822
Other borrowings 40,000 29,998
Accrued interest payable 2,653 1,203
Other liabilities 16,390 14,426
Total Liabilities 1,879,985 1,863,242
STOCKHOLDERS' EQUITY    
Common stock, $0.10 par value per share, authorized: 20,000,000 shares, issued: 2022: 8,291,401 shares, 2021: 8,266,751 shares 829 827
Surplus 96,897 96,443
Retained earnings 130,020 110,015
Treasury stock at cost: 2022: 124,650 shares; 2021: 65,328 shares (3,308) (1,767)
Accumulated other comprehensive loss (57,353) (256)
Total Stockholders' Equity 167,085 205,262
Total Liabilities and Stockholders' Equity $ 2,047,070 $ 2,068,504