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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 23,716 $ 24,916
Interest-bearing deposits in banks 165,601 137,958
Cash and cash equivalents 189,317 162,874
Securities available for sale, at fair value 196,476 163,847
Securities held to maturity, at amortized cost (net of allowance for credit losses, 2025, $83; 2024, $95) 104,608 109,741
Restricted securities, at cost 4,436 3,741
Loans held for sale 0 409
Loans, net of allowance for credit losses, 2025, $14,447; 2024, $16,400 1,418,750 1,450,195
Other real estate owned, net of valuation allowance, 2025, $0; 2024, $0 0 53
Premises and equipment, net 34,107 34,824
Accrued interest receivable 6,238 6,020
Bank owned life insurance 38,652 37,873
Goodwill 3,030 3,030
Core deposit intangibles, net 13,661 14,986
Other assets 21,479 22,688
Total assets 2,030,754 2,010,281
Liabilities    
Noninterest-bearing demand deposits 511,482 520,153
Savings and interest-bearing demand deposits 931,241 923,726
Time deposits 366,860 359,899
Total deposits 1,809,583 1,803,778
Subordinated debt, net of issuance cost 21,241 21,176
Junior subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 9,442 9,517
Total liabilities 1,849,545 1,843,750
Commitments and contingencies
Shareholders’ Equity    
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding 0 0
Common stock, par value $1.25 per share; authorized 16,000,000 shares; issued and outstanding, 2025, 9,009,209 shares; 2024, 8,974,102 shares 11,262 11,218
Surplus 78,187 77,058
Retained earnings 104,964 96,947
Accumulated other comprehensive loss, net (13,204) (18,692)
Total shareholders’ equity 181,209 166,531
Total liabilities and shareholders’ equity $ 2,030,754 $ 2,010,281