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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Consolidated Balance Sheets    
Cash and due from banks, including reserve requirements of $0 at both 9/30/22 and 12/31/21 $ 55,063 $ 44,711
Interest-bearing deposits 100,398 232,788
Cash and cash equivalents 155,461 277,499
Investment securities available for sale 444,367 406,549
Other investments 2,762 3,668
Total securities 447,129 410,217
Mortgage loans held for sale 975 3,637
Loans 1,004,907 884,869
Less allowance for loan losses (10,030) (9,355)
Net loans 994,877 875,514
Premises and equipment, net 18,508 16,104
Cash surrender value of life insurance 17,601 17,365
Right of use lease asset 5,770 4,612
Accrued interest receivable and other assets 35,969 19,245
Total assets 1,676,290 1,624,193
Deposits:    
Noninterest-bearing demand 563,142 514,319
Interest-bearing demand, MMDA & savings 839,532 797,179
Time, $250,000 or more 30,118 26,333
Other time 68,299 74,917
Total deposits 1,501,091 1,412,748
Securities sold under agreements to repurchase 37,986 37,094
Junior subordinated debentures 15,464 15,464
Lease liability 5,847 4,677
Accrued interest payable and other liabilities 11,978 11,841
Total liabilities 1,572,366 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 September 30, 2022 and 5,661,569 shares at December 31, 2021 52,752 53,305
Common stock held by deferred compensation trust, at cost; 167,889 shares at September 30, 2022 and 162,193 shares at December 31, 2021 (2,150) (1,992)
Deferred compensation 2,150 1,992
Retained earnings 97,029 88,968
Accumulated other comprehensive income (loss) (45,857) 96
Total shareholders' equity 103,924 142,369
Total liabilities and shareholders' equity $ 1,676,290 $ 1,624,193