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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks, including reserve requirements of $0 at both 12/31/21 and 12/31/20 $ 44,711,000 $ 42,737,000
Interest-bearing deposits 232,788,000 118,843,000
Cash and cash equivalents 277,499,000 161,580,000
Investment securities available for sale 406,549,000 245,249,000
Other investments 3,668,000 4,155,000
Total securities 410,217,000 249,404,000
Mortgage loans held for sale 3,637,000 9,139,000
Loans 884,869,000 948,639,000
Less allowance for loan losses (9,355,000) (9,908,000)
Net loans 875,514,000 938,731,000
Premises and equipment, net 16,104,000 18,600,000
Cash surrender value of life insurance 17,365,000 16,968,000
Other real estate 0 128,000
Right of use lease asset 4,612,000 3,423,000
Accrued interest receivable and other assets 19,245,000 18,202,000
Total assets 1,624,193,000 1,416,175,000
Deposits:    
Noninterest-bearing demand 514,319,000 456,980,000
Interest-bearing demand, MMDA & savings 797,179,000 657,834,000
Time, $250,000 or more 26,333,000 25,771,000
Other time 74,917,000 80,501,000
Total deposits 1,412,748,000 1,221,086,000
Securities sold under agreements to repurchase 37,094,000 26,201,000
Junior subordinated debentures 15,464,000 15,464,000
Lease liability 4,677,000 3,471,000
Accrued interest payable and other liabilities 11,841,000 10,054,000
Total liabilities 1,481,824,000 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 December 31, 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; 162,193 shares at December 31, 2021 and 155,469 shares at December 31, 2020 1,992,000 1,796,000
Deferred compensation 1,992,000 1,796,000
Retained earnings 88,968,000 77,628,000
Accumulated other comprehensive income 96,000 5,400,000
Total shareholders' equity 142,369,000 139,899,000
Total liabilities and shareholders' equity $ 1,624,193,000 $ 1,416,175,000