XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 17,954 $ 17,883
Short-term interest-earning deposits in other banks 68,609 47,016
Total cash and cash equivalents 86,563 64,899
Long-term interest-earning deposits in other banks 9,477 13,975
Debt securities available for sale, at fair value 457,767 486,836
Equity securities 387 411
Restricted stock 644 644
Loans held for sale   283
Loans 1,077,446 1,051,041
Allowance for credit losses (14,109) (14,175)
Net Loans 1,063,337 1,036,866
Premises and equipment, net 29,654 30,026
Right of use asset 5,855 6,010
Bank owned life insurance 22,419 22,311
Goodwill 9,016 9,016
Deferred tax asset, net 13,676 15,630
Other assets 12,490 12,672
Total assets 1,711,285 1,699,579
Deposits    
Noninterest-bearing checking 298,008 299,231
Money management, savings, and interest checking 1,130,527 1,194,827
Time 73,575 57,390
Total deposits 1,502,110 1,551,448
Short-term borrowings 50,000  
Subordinate notes 19,635 19,623
Lease liability 5,999 6,144
Other liabilities 9,958 8,167
Total liabilities 1,587,702 1,585,382
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 4,402,675 shares outstanding at March 31, 2023 and 4,710,972 shares issued and 4,390,397 shares outstanding at December 31, 2022 4,711 4,711
Capital stock no par value, 5,000,000 shares authorized with no shares issued and outstanding
Additional paid-in capital 43,356 43,535
Increase of Retained earnings 127,877 125,892
Accumulated other comprehensive loss (43,996) (51,287)
Treasury stock, 308,297 shares at March 31, 2023 and 320,575 shares at December 31, 2022, at cost (8,365) (8,654)
Total shareholders' equity 123,583 114,197
Total liabilities and shareholders' equity $ 1,711,285 $ 1,699,579