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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Common stock, par value (in dollars per share) $ 2 $ 2
Common stock, authorized (in shares) 18,000,000 18,000,000
ASSETS    
Cash and due from banks $ 25,494 $ 24,105
Interest-bearing deposits in financial institutions and federal funds sold 37,948 30,996
Total cash and cash equivalents 63,442 55,101
Interest-bearing time deposits 6,415 8,904
Securities available-for-sale 690,843 736,389
Federal Home Loan Bank (FHLB) and Federal Reserve Bank (FRB) stock, at cost 3,948 3,086
Loans receivable, net 1,281,214 1,277,812
Loans held for sale 510 124
Bank premises and equipment, net 22,134 22,549
Accrued income receivable 12,484 12,953
Bank-owned life insurance 3,171 3,131
Deferred income taxes, net 16,022 16,496
Intangible assets, net 1,256 1,429
Goodwill 12,424 12,424
Other assets 12,452 5,083
Total assets 2,126,315 2,155,481
LIABILITIES    
Noninterest-bearing checking 340,569 370,942
Interest-bearing checking 618,819 611,891
Savings and money market 556,074 552,275
Time, $250 and over 73,368 67,733
Other time 232,283 208,990
Total deposits 1,821,113 1,811,831
Securities sold under agreements to repurchase 40,664 53,994
Other borrowings 85,930 110,588
Dividends payable 2,428 2,428
Accrued interest payable 3,191 4,710
Accrued expenses and other liabilities 5,936 6,142
Total liabilities 1,959,262 1,989,693
STOCKHOLDERS' EQUITY    
Common stock, $2 par value, authorized 18,000,000 shares; issued and outstanding 8,992,167 shares as of June 30, 2024 and December 31, 2023 17,984 17,984
Additional paid-in capital 14,253 14,253
Retained earnings 180,082 180,438
Accumulated other comprehensive (loss) (45,266) (46,887)
Total stockholders' equity 167,053 165,788
Total liabilities and stockholders' equity $ 2,126,315 $ 2,155,481