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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 14,536 $ 12,644
Interest-bearing deposits with other institutions 49,304 67,054
Federal funds sold 228 222
Total cash and cash equivalents 64,068 79,920
Securities available for sale, at fair value 192,321 164,955
Restricted investments 1,049 1,267
Loans held for sale 876  
Loans 985,720 836,334
Allowance for loan losses (8,787) (7,096)
Net Loans 976,933 829,238
Bank premises and equipment, net 18,249 18,725
Other real estate owned, net of allowance   607
Bank owned life insurance 23,236 12,709
Other assets 26,306 22,731
Total assets 1,303,038 1,130,152
Deposits:    
Noninterest bearing demand deposits 470,355 407,576
Savings and interest bearing demand deposits 583,296 476,864
Time deposits 123,584 128,658
Total deposits 1,177,235 1,013,098
Other liabilities 15,523 11,980
Total liabilities 1,192,758 1,025,078
Commitments and contingencies
Shareholders’ Equity    
Preferred stock, $10 par value; 500,000 shares authorized and unissued
Common stock, $2.50 par value; authorized 10,000,000 shares; issued and outstanding 2021, 3,454,128 including 31,738 unvested restricted stock; issued and outstanding 2020, 3,405,035 including 20,928 unvested restricted stock 8,556 8,460
Surplus 12,115 10,811
Retained earnings 89,764 82,524
Accumulated other comprehensive (loss) income (155) 3,279
Total shareholders’ equity 110,280 105,074
Total liabilities and shareholders’ equity $ 1,303,038 $ 1,130,152