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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from depository institutions $ 14,778,000 $ 20,427,000
Interest bearing deposits 42,516,000 2,585,000
Short-term investments 2,943,000 8,492,000
Cash and cash equivalents 60,237,000 31,504,000
Investment securities:    
Available for sale, at fair value 165,843,000 144,165,000
Held to maturity (fair value $55,891 on June 30, 2021 and $47,106 on December 31, 2020) 53,552,000 44,222,000
Loans held for sale 153,000 6,250,000
Loans 993,986,000 973,297,000
Less: Unearned income 1,274,000 1,202,000
Less: Allowance for loan losses 11,752,000 11,345,000
Net loans 980,960,000 960,750,000
Premises and equipment:    
Operating lease right-of-use asset 713,000 758,000
Financing lease right-of-use asset 2,820,000 2,956,000
Other premises and equipment, net 14,279,000 14,336,000
Accrued interest income receivable 4,885,000 5,068,000
Goodwill 13,611,000 11,944,000
Core deposit intangible 174,000  
Bank owned life insurance 39,044,000 39,033,000
Net deferred tax asset 850,000 1,572,000
Federal Home Loan Bank stock 2,897,000 4,821,000
Federal Reserve Bank stock 2,125,000 2,125,000
Other assets 18,440,000 10,209,000
TOTAL ASSETS 1,360,583,000 1,279,713,000
LIABILITIES    
Non-interest bearing deposits 216,871,000 177,533,000
Interest bearing deposits 951,871,000 877,387,000
Total deposits 1,168,742,000 1,054,920,000
Short-term borrowings 0 24,702,000
Advances from Federal Home Loan Bank 48,149,000 64,989,000
Operating lease liabilities 729,000 776,000
Financing lease liabilities 3,005,000 3,109,000
Guaranteed junior subordinated deferrable interest debentures 12,978,000 12,970,000
Subordinated debt 7,546,000 7,534,000
Total borrowed funds 72,407,000 114,080,000
Other liabilities 8,162,000 6,314,000
TOTAL LIABILITIES 1,249,311,000 1,175,314,000
SHAREHOLDERS' EQUITY    
Common stock, par value $0.01 per share; 30,000,000 shares authorized; 26,703,819 shares issued and 17,075,000 shares outstanding on June 30, 2021; 26,688,963 shares issued and 17,060,144 shares outstanding on December 31, 2020 267,000 267,000
Treasury stock at cost, 9,628,819 shares on June 30, 2021 and December 31, 2020 (83,280,000) (83,280,000)
Capital surplus 146,025,000 145,969,000
Retained earnings 57,577,000 54,641,000
Accumulated other comprehensive loss, net (9,317,000) (13,198,000)
TOTAL SHAREHOLDERS' EQUITY 111,272,000 104,399,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,360,583,000 $ 1,279,713,000