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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 7,994 $ 7,352
Interest-bearing demand deposits 29,576 33,418
Cash and cash equivalents 37,570 40,770
Available-for-sale securities, net of allowance for credit losses of $0 at June 30, 2024 and December 31, 2023 240,124 242,760
Loans, net of allowance for credit losses of $3,989 and $3,918 at June 30, 2024 and December 31, 2023, respectively 480,525 479,318
Premises and equipment 18,576 14,984
Federal Home Loan Bank stock 4,026 3,979
Foreclosed assets held for sale, net 3,393 3,377
Core deposit other intangible asset 197 260
Goodwill 682 682
Accrued interest receivable 4,085 4,098
Deferred federal income tax 3,222 2,409
Bank-owned life insurance 19,644 19,423
Other assets 9,771 7,389
Total assets 821,815 819,449
Deposits    
Demand 332,137 339,280
Savings 127,866 130,821
Time 163,186 151,358
Total deposits 623,189 621,459
Securities sold under repurchase agreements 30,436 26,781
Subordinated debentures 23,817 23,787
Advances Federal Home Loan Bank 75,000 75,000
Lease liability - finance lease 2,820 2,764
Interest payable and other liabilities 5,956 6,065
Total liabilities 761,218 755,856
Stockholders' Equity    
Preferred stock, no par value, authorized 2,000,000 shares; no shares issued 0 0
Common stock, $1 par value; authorized 10,000,000 shares; issued 6,188,141 shares at June 30, 2024, and 6,063,851 shares at December 31, 2023; outstanding - 5,773,893 and 5,702,685 shares at June 30, 2024 and December 31, 2023, respectively 6,188 6,064
Additional paid-in capital 26,219 25,913
Retained earnings 44,771 44,018
Stock held by deferred compensation plan; 177,385 and 181,803 shares at June 30, 2024 and December 31, 2023 (2,113) (2,363)
Accumulated other comprehensive loss (11,219) (7,478)
Treasury stock, at cost 236,863 and 179,363 shares at June 30, 2024 and December 31, 2023, respectively (3,249) (2,561)
Total stockholders' equity 60,597 63,593
Total liabilities and stockholders' equity $ 821,815 $ 819,449