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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 26,588 $ 16,651
Interest-bearing deposits in other banks 15,328 82,369
Total cash and cash equivalents 41,916 99,020
Available-for-sale debt securities 476,091 522,566
Equity securities, at fair value 7,717 4,922
Restricted stock, at cost 8,545 1,911
Loans held for sale 60 0
Loans and leases, net of allowance for loan and lease losses of $14,193 and $12,416 1,110,124 967,023
Bank premises and equipment, net 15,616 16,082
Accrued interest receivable 5,957 4,643
Bank-owned life insurance 36,499 33,494
Other assets 43,005 14,662
Total assets 1,745,530 1,664,323
Liabilities    
Demand (non-interest-bearing) 305,850 320,089
Interest-bearing 1,114,797 1,134,939
Total deposits 1,420,647 1,455,028
Borrowed funds:    
Federal Home Loan Bank of Pittsburgh advances 172,050 20,000
Junior subordinated debentures 10,310 10,310
Total, Amount 182,360 30,310
Accrued interest payable 171 49
Other liabilities 23,403 16,479
Total liabilities 1,626,581 1,501,866
Shareholders' equity    
Preferred stock ($1.25 par) Authorized: 20,000,000 shares at December 31, 2022 and December 31, 2021 Issued and outstanding: 0 shares at December 31, 2022 and December 31, 2021 0 0
Common stock ($1.25 par) Authorized: 50,000,000 shares at December 31, 2022 and December 31, 2021 Issued and outstanding: 19,681,644 shares at December 31, 2022 and 19,989,875 shares at December 31, 2021 24,602 24,987
Additional paid-in capital 77,502 80,128
Retained earnings 64,873 50,990
Accumulated other comprehensive (loss) income (48,028) 6,352
Total shareholders' equity 118,949 162,457
Total liabilities and shareholders’ equity $ 1,745,530 $ 1,664,323