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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 17,861 $ 17,883
Short-term interest-earning deposits in other banks 46,971 47,016
Total cash and cash equivalents 64,832 64,899
Long-term interest-earning deposits in other banks 8,978 13,975
Debt securities available for sale, at fair value 439,471 486,836
Equity securities 380 411
Restricted stock 694 644
Loans held for sale 126 283
Loans 1,145,162 1,051,041
Allowance for credit losses (14,615) (14,175)
Net Loans 1,130,547 1,036,866
Premises and equipment, net 29,279 30,026
Right of use asset 4,982 6,010
Bank owned life insurance 22,530 22,311
Goodwill 9,016 9,016
Deferred tax asset, net 14,730 15,630
Other assets 10,600 12,672
Total assets 1,736,165 1,699,579
Deposits    
Noninterest-bearing checking 287,385 299,231
Money management, savings, and interest checking 1,136,008 1,194,827
Time 89,742 57,390
Total deposits 1,513,135 1,551,448
Short-term borrowings 70,000  
Subordinate notes 19,643 19,623
Lease liability 5,104 6,144
Other liabilities 8,513 8,167
Total liabilities 1,616,395 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 4,349,988 shares outstanding at June 30, 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 43,422 43,535
Retained earnings 129,452 125,892
Accumulated other comprehensive loss (47,961) (51,287)
Treasury stock, 360,984 shares at June 30, 2023 and 320,575 shares at December 31, 2022, at cost (9,854) (8,654)
Total shareholders' equity 119,770 114,197
Total liabilities and shareholders' equity $ 1,736,165 $ 1,699,579