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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Cash and cash equivalents    
Cash and due from banks $ 31,354 $ 37,675
Interest-bearing deposits in other banks 7,129 193
Federal funds sold 102,100  
Total cash and cash equivalents 140,583 37,868
Investment securities:    
Available-for-sale 418,125 477,703
Equity investments carried at fair value 81 110
Held-to-maturity: Fair value March 31, 2023, $77,073; December 31, 2022, $76,563 89,705 91,179
Total investment securities 507,911 568,992
Loans 2,818,043  
Less: allowance for credit losses 25,444 27,472
Net loans 2,792,599  
Loans 2,818,043 2,730,116
Less: allowance for credit losses   27,472
Net loans   2,702,644
Goodwill 63,370 63,370
Premises and equipment, net 56,561 55,667
Bank owned life insurance 48,598 48,344
Deferred tax assets 16,015 18,739
Accrued interest receivable 11,678 11,715
Intangible assets, net 77 105
Other assets 41,079 46,071
Total assets 3,678,471 3,553,515
Deposits:    
Noninterest-bearing 746,089 772,765
Interest-bearing 2,489,878 2,273,833
Total deposits 3,235,967 3,046,598
Short-term borrowings 17,280 114,930
Long-term debt 25,000 555
Subordinated debentures 33,000 33,000
Accrued interest payable 2,304 903
Other liabilities 36,286 42,179
Total liabilities 3,349,837 3,238,165
Stockholders' equity:    
Common stock, par value $2.00, authorized 25,000,000 shares, issued and outstanding 7,150,757 shares at March 31, 2023 and 7,158,017 shares at December 31, 2022 14,323 14,321
Capital surplus 126,231 126,850
Retained earnings 237,522 230,515
Accumulated other comprehensive loss (49,442) (56,336)
Total stockholders' equity 328,634 315,350
Total liabilities and stockholders' equity $ 3,678,471 $ 3,553,515