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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 24,097 $ 19,590
Interest-bearing deposits in financial institutions and federal funds sold 50,581 69,539
Total cash and cash equivalents 74,678 89,129
Interest-bearing time deposits 14,677 16,922
Securities available-for-sale 828,389 831,003
Federal Home Loan Bank (FHLB) and Federal Reserve Bank (FRB) stock, at cost 3,201 3,422
Loans receivable, net 1,140,609 1,144,108
Loans held for sale 473 0
Bank premises and equipment, net 18,274 17,512
Accrued income receivable 9,478 10,124
Bank-owned life insurance 3,019 2,985
Deferred income taxes, net 18,352 1,922
Intangible assets, net 2,212 2,505
Goodwill 12,424 12,424
Other assets 5,187 4,985
Total assets 2,130,973 2,137,041
LIABILITIES    
Noninterest-bearing checking 396,499 411,585
Interest-bearing checking 616,308 575,997
Savings and money market 708,589 674,975
Time, $250 and over 39,182 40,793
Other time 165,562 174,669
Total deposits 1,926,140 1,878,019
Securities sold under agreements to repurchase 35,666 39,851
FHLB advances and other borrowings 4,000 3,000
Dividends payable 2,428 2,364
Accrued expenses and other liabilities 5,388 6,029
Total liabilities 1,973,622 1,929,263
STOCKHOLDERS' EQUITY    
Common stock, $2 par value, authorized 18,000,000 shares; issued and outstanding 8,992,167 shares and 9,092,167 shares as of June 30, 2022 and December 31, 2021, respectively 17,984 18,184
Additional paid-in capital 14,253 16,353
Retained earnings 174,832 170,377
Accumulated other comprehensive income (loss) (49,718) 2,864
Total stockholders' equity 157,351 207,778
Total liabilities and stockholders' equity $ 2,130,973 $ 2,137,041