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Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 19,519,000 $ 28,533,000
Interest-bearing deposits with banks 92,444,000 37,587,000
Cash and cash equivalents 111,963,000 66,120,000
Securities available for sale, at fair value (net of allowance for credit losses of $0) 398,374,000 406,259,000
Loans receivable (net of allowance for credit losses of $18,020 and $18,968) 1,603,428,000 1,584,650,000
Regulatory stock, at cost 6,545,000 7,318,000
Bank premises and equipment, net 18,057,000 17,838,000
Bank owned life insurance 45,869,000 46,439,000
Accrued interest receivable 8,135,000 8,123,000
Foreclosed real estate owned 97,000 97,000
Deferred tax assets, net 21,642,000 21,353,000
Goodwill 29,266,000 29,266,000
Other intangibles 202,000 221,000
Other assets 16,845,000 13,395,000
TOTAL ASSETS 2,260,423,000 2,201,079,000
Deposits:    
Non-interest bearing demand 383,362,000 399,545,000
Interest-bearing 1,455,636,000 1,395,614,000
Total deposits 1,838,998,000 1,795,159,000
Short-term borrowings 60,055,000 74,076,000
Other borrowings 151,179,000 124,236,000
Accrued interest payable 11,737,000 10,510,000
Other liabilities 17,241,000 16,028,000
TOTAL LIABILITIES 2,079,210,000 2,020,009,000
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: issued: 2024: 8,310,847 shares, 2023: 8,310,847 shares 831,000 831,000
Surplus 97,893,000 97,700,000
Retained earnings 137,285,000 135,284,000
Treasury stock at cost: 2024: 200,690 shares; 2023: 200,690 shares (5,397,000) (5,397,000)
Accumulated other comprehensive loss (49,399,000) (47,348,000)
TOTAL STOCKHOLDERS’ EQUITY 181,213,000 181,070,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,260,423,000 $ 2,201,079,000