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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 9,675 $ 13,378
Interest-bearing deposits in banks 36,110 15,240
Securities available for sale, at fair value 120,983 99,857
Securities held to maturity, at carrying value (fair value, 2019, $17,646; 2018, $42,394) 17,627 43,408
Restricted securities, at cost 1,806 1,688
Loans held for sale 167 419
Loans, net of allowance for loan losses, 2019, $4,934, 2018, $5,009 569,412 537,847
Premises and equipment, net 19,747 20,066
Accrued interest receivable 2,065 2,113
Bank owned life insurance 17,447 13,991
Core deposit intangibles, net 170 472
Other assets 4,839 4,490
Total assets 800,048 752,969
Liabilities    
Noninterest-bearing demand deposits 189,623 181,964
Savings and interest-bearing demand deposits 399,255 369,383
Time deposits 117,564 119,219
Total deposits 706,442 670,566
Subordinated debt 4,983 4,965
Junior subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 2,125 1,485
Total liabilities 722,829 686,295
Shareholders’ Equity    
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding
Common stock, par value $1.25 per share; authorized 8,000,000 shares; issued and outstanding, 2019, 4,969,716 shares, 2018, 4,957,694 shares 6,212 6,197
Surplus 7,700 7,471
Retained earnings 62,583 54,814
Accumulated other comprehensive income (loss), net 724 (1,808)
Total shareholders’ equity 77,219 66,674
Total liabilities and shareholders’ equity $ 800,048 $ 752,969