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Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks, including reserve requirements of $0 at both September 30, 2021 and December 31, 2020 $ 42,098,000 $ 42,737,000
Interest-bearing deposits 221,210,000 118,843,000
Cash and cash equivalents 263,308,000 161,580,000
Investment securities available for sale 402,905,000 245,249,000
Other investments 3,725,000 4,155,000
Total securities 406,630,000 249,404,000
Mortgage loans held for sale 9,086,000 9,139,000
Loans 891,005,000 948,639,000
Less allowance for loan losses (8,963,000) (9,908,000)
Net loans 882,042,000 938,731,000
Premises and equipment, net 16,625,000 18,600,000
Cash surrender value of life insurance 17,265,000 16,968,000
Other real estate 0 128,000
Right of use lease asset 2,861,000 3,423,000
Accrued interest receivable and other assets 18,434,000 18,202,000
Total assets 1,616,251,000 1,416,175,000
Liabilities and Shareholders' Equity    
Noninterest-bearing demand 529,118,000 456,980,000
Interest-bearing demand, MMDA & savings 777,721,000 657,834,000
Time, $250,000 or more 26,357,000 25,771,000
Other time 76,769,000 80,501,000
Total deposits 1,409,965,000 1,221,086,000
Securities sold under agreements to repurchase 32,332,000 26,201,000
Junior subordinated debentures 15,464,000 15,464,000
Lease liability 2,922,000 3,471,000
Accrued interest payable and other liabilities 12,026,000 10,054,000
Total liabilities 1,472,709,000 1,276,276,000
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 5,661,569 shares at September 30, 2021 and 5,787,504 shares at December 31, 2020 53,305,000 56,871,000
Common stock held by deferred compensation trust, at cost; 160,611 shares at September 30, 2021 and 155,469 shares at December 31, 2020 (1,946,000) (1,796,000)
Deferred compensation 1,946,000 1,796,000
Retained earnings 86,927,000 77,628,000
Accumulated other comprehensive income 3,310,000 5,400,000
Total shareholders' equity 143,542,000 139,899,000
Total liabilities and shareholders' equity $ 1,616,251,000 $ 1,416,175,000