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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Consolidated Balance Sheets    
Cash and due from banks, including reserve requirements of $0 at both 6/30/22 and 12/31/21 $ 47,953 $ 44,711
Interest-bearing deposits 175,754 232,788
Cash and cash equivalents 223,707 277,499
Investment securities available for sale 426,804 406,549
Other investments 2,791 3,668
Total securities 429,595 410,217
Mortgage loans held for sale 1,288 3,637
Loans 959,473 884,869
Less allowance for loan losses (9,789) (9,355)
Net loans 949,684 875,514
Premises and equipment, net 16,001 16,104
Cash surrender value of life insurance 17,500 17,365
Right of use lease asset 5,969 4,612
Accrued interest receivable and other assets 33,151 19,245
Total assets 1,676,895 1,624,193
Deposits:    
Noninterest-bearing demand 559,163 514,319
Interest-bearing demand, MMDA & savings 833,094 797,179
Time, $250,000 or more 30,856 26,333
Other time 70,857 74,917
Total deposits 1,493,970 1,412,748
Securities sold under agreements to repurchase 37,146 37,094
Junior subordinated debentures 15,464 15,464
Lease liability 6,043 4,677
Accrued interest payable and other liabilities 11,866 11,841
Total liabilities 1,564,489 1,481,824
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 5,641,030 shares at June 30, 2022 and 5,661,569 shares at December 31, 2021 52,752 53,305
Common stock held by deferred compensation trust, at cost; 165,984 shares at June 30, 2022 and 162,193 shares at December 31, 2021 Deferred compensation (2,099) (1,992)
Deferred compensation 2,099 1,992
Retained earnings 92,741 88,968
Accumulated other comprehensive income (loss) (33,087) 96
Total shareholders' equity 112,406 142,369
Total liabilities and shareholders' equity $ 1,676,895 $ 1,624,193