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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 13,147 $ 10,290
Interest-bearing deposits 120,725 76,881
Securities available for sale, at fair value 546,742 435,263
Restricted stock 1,279 1,220
Mortgage loans held for sale 866 905
Loans:    
Gross loans 770,027 734,027
Less unearned income and deferred fees and costs (1,228) (576)
Loans, net of unearned income and deferred fees and costs 768,799 733,451
Less allowance for loan losses (8,481) (6,863)
Loans, net 760,318 726,588
Premises and equipment, net 10,035 8,919
Accrued interest receivable 5,028 4,285
Other real estate owned, net 1,553 1,612
Goodwill 5,848 5,848
Bank-owned life insurance (BOLI) 36,444 35,567
Other assets 17,688 14,459
Total assets 1,519,673 1,321,837
Liabilities and Stockholders’ Equity    
Noninterest-bearing demand deposits 276,793 201,866
Interest-bearing demand deposits 763,293 643,482
Savings deposits 167,475 146,377
Time deposits 89,582 128,028
Total deposits 1,297,143 1,119,753
Accrued interest payable 56 144
Other liabilities 21,867 18,214
Total liabilities 1,319,066 1,138,111
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, no par value, 5,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $1.25 par value. Authorized 10,000,000 shares; issued and outstanding, 6,432,020 shares in 2020 and 6,489,574 in 2019 8,040 8,112
Retained earnings 189,547 184,120
Accumulated other comprehensive income (loss), net 3,020 (8,506)
Total stockholders’ equity 200,607 183,726
Total liabilities and stockholders’ equity 1,519,673 1,321,837
Real Estate Construction Portfolio Segment[Member]    
Loans:    
Gross loans 42,266 42,303
Less allowance for loan losses (503) (400)
Consumer Real Estate Portfolio Segment [Member]    
Loans:    
Gross loans 181,782 181,472
Less allowance for loan losses (2,165) (1,895)
Commercial Real Estate Portfolio Segment [Member]    
Loans:    
Gross loans 393,115 365,373
Less allowance for loan losses (3,853) (2,559)
Commercial Non Real Estate Segment [Member]    
Loans:    
Gross loans 78,771 46,576
Less allowance for loan losses (670) (555)
Public Sector and IDA Portfolio Segment[Member]    
Loans:    
Gross loans 40,983 63,764
Less allowance for loan losses (339) (478)
Consumer Non Real Estate Portfolio Segment [Member]    
Loans:    
Gross loans 33,110 34,539
Less allowance for loan losses $ (555) $ (650)