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Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Consolidated Balance Sheets    
Cash and due from banks $ 26,272,000 $ 32,819,000
Interest-bearing deposits 71,824,000 49,556,000
Cash and cash equivalents 98,096,000 82,375,000
Investment securities available for sale 394,664,000 391,924,000
Other investments 2,858,000 2,874,000
Total securities 397,522,000 394,798,000
Mortgage loans held for sale 1,292,000 686,000
Loans 1,106,670,000 1,093,066,000
Less allowance for credit losses 10,847,000 11,041,000
Net loans 1,095,823,000 1,082,025,000
Premises and equipment, net 16,330,000 16,702,000
Cash surrender value of life insurance 18,250,000 18,134,000
Right of use lease asset 4,553,000 4,731,000
Accrued interest receivable and other assets 37,694,000 36,459,000
Total assets 1,669,560,000 1,635,910,000
Deposits:    
Noninterest-bearing demand 462,966,000 432,687,000
Interest-bearing demand, MMDA & savings 633,740,000 620,244,000
Time, over $250,000 148,819,000 148,904,000
Other time 206,839,000 190,210,000
Total deposits 1,452,364,000 1,392,045,000
Securities sold under agreements to repurchase 59,216,000 86,715,000
Junior subordinated debentures 15,464,000 15,464,000
Lease liability 4,660,000 4,832,000
Accrued interest payable and other liabilities 16,764,000 15,838,000
Total liabilities 1,548,468,000 1,514,894,000
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 5,455,999 shares at March 31, 2024 and 5,534,499 shares at December 31, 2023 48,627,000 50,625,000
Common stock held by deferred compensation trust, at cost; 164,970 shares at March 31, 2024 and 158,356 shares at December 31, 2023 (1,943,000) (1,910,000)
Deferred compensation 1,943,000 1,910,000
Retained earnings 111,775,000 109,756,000
Accumulated other comprehensive loss (39,310,000) (39,365,000)
Total shareholders' equity 121,092,000 121,016,000
Total liabilities and shareholders' equity $ 1,669,560,000 $ 1,635,910,000