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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks, including reserve requirements of $0 at both 3/31/21 and 12/31/20 $ 43,726 $ 42,737
Interest-bearing deposits 165,311 118,843
Cash and cash equivalents 209,037 161,580
Investment securities available for sale 325,517 245,249
Other investments 3,791 4,155
Total securities 329,308 249,404
Mortgage loans held for sale 4,236 9,139
Loans 946,497 948,639
Less allowance for loan losses (9,532) (9,908)
Net loans 936,965 938,731
Premises and equipment, net 18,184 18,600
Cash surrender value of life insurance 17,065 16,968
Other real estate 128 128
Right of use lease asset 3,182 3,423
Accrued interest receivable and other assets 19,473 18,202
Total assets 1,537,578 1,416,175
Deposits:    
Noninterest-bearing demand 524,176 456,980
NOW, MMDA & savings 701,798 657,834
Time, $250,000 or more 28,109 25,771
Other time 80,382 80,501
Total deposits 1,334,465 1,221,086
Securities sold under agreements to repurchase 31,916 26,201
Junior subordinated debentures 15,464 15,464
Lease liability 3,232 3,471
Accrued interest payable and other liabilities 12,472 10,054
Total liabilities 1,397,549 1,276,276
Commitments
Shareholders' equity:    
Preferred stock, no par value; authorized 5,000,000 shares; no shares issued and outstanding 0 0
Common stock, no par value; authorized 20,000,000 shares; issued and outstanding 5,789,166 shares at March 31, 2021 and 5,787,504 shares at December 31, 2020 56,910 56,871
Common stock held by deferred compensation trust, at cost: 156,808 shares at March 31, 2021 and 155,469 shares at December 31, 2020 (1,849) (1,796)
Deferred compensation 1,849 1,796
Retained earnings 80,819 77,628
Accumulated other comprehensive income 2,300 5,400
Total shareholders' equity 140,029 139,899
Total liabilities and shareholders' equity $ 1,537,578 $ 1,416,175