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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 18,410 $ 10,463
Short-term interest-earning deposits in other banks 179,859 164,686
Total cash and cash equivalents 198,269 175,149
Long-term interest-earning deposits in other banks 12,476 10,492
Debt securities available for sale, at fair value 509,787 529,811
Equity securities 495 481
Restricted stock 644 495
Loans held for sale 2,054 2,827
Loans 1,034,623 998,812
Allowance for loan losses (15,015) (15,066)
Net Loans 1,019,608 983,746
Premises and equipment, net 27,271 19,190
Right of use asset 4,898 4,759
Bank owned life insurance 22,091 21,874
Goodwill 9,016 9,016
Deferred tax asset, net 13,534 3,314
Other assets 12,153 12,652
Total assets 1,832,296 1,773,806
Deposits    
Noninterest-bearing checking 302,220 298,403
Money management, savings, and interest checking 1,313,886 1,211,703
Time 63,081 74,253
Total deposits 1,679,187 1,584,359
Subordinate notes 19,605 19,588
Lease liability 5,010 4,857
Other liabilities 6,697 7,937
Total liabilities 1,710,499 1,616,741
Commitments and contingent liabilities
Shareholders' equity    
Common stock, $1 par value per share,15,000,000 shares authorized with 4,710,972 shares issued and 4,422,280 shares outstanding at June 30, 2022 and 4,710,972 shares issued and 4,441,443 shares outstanding at December 31, 2021 4,711 4,711
Capital stock no par value, 5,000,000 shares authorized with no shares issued and outstanding
Additional paid-in capital 43,248 43,085
Retained earnings 120,354 116,612
Accumulated other comprehensive loss (38,990) (547)
Treasury stock, 288,692 shares at June 30, 2022 and 269,529 shares at December 31, 2021, at cost (7,526) (6,796)
Total shareholders' equity 121,797 157,065
Total liabilities and shareholders' equity $ 1,832,296 $ 1,773,806