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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 24,148 $ 19,525
Interest-bearing deposits in financial institutions and federal funds sold 71,063 81,702
Total cash and cash equivalents 95,211 101,227
Interest-bearing time deposits 6,918 6,166
Securities available-for-sale 644,702 648,513
Federal Home Loan Bank (FHLB) and Federal Reserve Bank (FRB) stock, at cost 3,166 3,883
Loans receivable, net 1,279,644 1,303,917
Loans held for sale 341 342
Bank premises and equipment, net 21,239 21,567
Accrued income receivable 12,166 13,864
Bank-owned life insurance 3,256 3,214
Deferred income taxes, net 9,949 14,056
Intangible assets, net 938 1,092
Goodwill 12,424 12,424
Other assets 2,890 2,915
Total assets 2,092,844 2,133,180
LIABILITIES    
Noninterest-bearing checking 309,379 358,386
Interest-bearing checking 629,728 619,951
Savings and money market 547,277 540,491
Time, $250 and over 88,692 84,996
Other time 244,129 242,858
Total deposits 1,819,205 1,846,682
Securities sold under agreements to repurchase 40,061 52,412
Other borrowings 30,652 46,952
Dividends payable 0 1,790
Accrued interest payable 2,472 3,208
Accrued expenses and other liabilities 7,425 7,430
Total liabilities 1,899,815 1,958,474
STOCKHOLDERS' EQUITY    
Common stock, $2 par value, authorized 18,000,000 shares; issued and outstanding 8,898,689 and 8,949,110 shares as of June 30, 2025 and December 31, 2024, respectively 17,797 17,898
Additional paid-in capital 12,907 13,635
Retained earnings 188,442 182,236
Accumulated other comprehensive (loss) (26,117) (39,063)
Total stockholders' equity 193,029 174,706
Total liabilities and stockholders' equity $ 2,092,844 $ 2,133,180