XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 17,752 $ 15,336
Short-term interest-bearing deposits in other banks 40,847 68,492
Total cash and cash equivalents 58,599 83,828
Long-term interest-bearing deposits in other banks 13,985 8,746
Debt securities available for sale, at fair value 286,217 187,433
Equity securities 340 440
Restricted stock 468 465
Loans held for sale 5,255 2,040
Loans 1,012,138 934,575
Allowance for loan losses (16,555) (11,966)
Net Loans 995,583 922,609
Premises and equipment, net 13,552 13,851
Right of use asset 5,005 5,126
Bank owned life insurance 21,067 23,748
Goodwill 9,016 9,016
Other real estate owned
Deferred tax asset, net 4,076 4,003
Other assets 9,948 7,852
Total assets 1,423,111 1,269,157
Deposits    
Noninterest-bearing checking 248,851 192,108
Money management, savings and interest checking 944,792 843,936
Time 79,710 89,348
Total deposits 1,273,353 1,125,392
Lease liability 5,052 5,161
Other liabilities 9,866 11,076
Total liabilities 1,288,271 1,141,629
Commitments and contingent liabilities (Note 14)
Shareholders' equity    
Common stock, $1 par value per share,15,000,000 shares authorized with 4,710,822 shares issued and 4,352,484 shares outstanding at June 30, 2020 and 4,709,849 shares issued and 4,352,753 shares outstanding at December 31, 2019 4,711 4,710
Capital stock without par value, 5,000,000 shares authorized with no shares issued and outstanding
Additional paid-in capital 42,461 42,268
Retained earnings 97,124 94,946
Accumulated other comprehensive loss (725) (5,986)
Treasury stock, 358,338 shares at June 30, 2020 and 357,096 shares at December 31, 2019, at cost (8,731) (8,410)
Total shareholders' equity 134,840 127,528
Total liabilities and shareholders' equity $ 1,423,111 $ 1,269,157