XML 47 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
ASSETS:    
Cash and due from banks $ 17,019,000 $ 18,310,000
Interest-bearing demand deposits 3,746,000 1,730,000
Total cash and cash equivalents 20,765,000 20,040,000
Certificates of Deposit, at Carrying Value 0 996,000
Equity Securities, FV-NI 2,312,000 2,078,000
Equity Securities without Readily Determinable Fair Value, Amount 2,099,000 2,099,000
Investment securities:    
Debt securities, available-for-sale, at fair value 178,000,000 238,421,000
Debt securities, held-to-maturity, at cost 27,525,000 29,721,000
Federal Reserve Bank stock, at cost 4,652,000 4,653,000
Federal Home Loan Bank stock, at cost 5,203,000 4,845,000
Loans, net 1,239,406,000 1,194,577,000
Premises and equipment, net 34,787,000 32,627,000
Operating Lease, Right-of-Use Asset 5,444,000 0
Goodwill 59,221,000 59,221,000
Core deposit and other intangibles 4,006,000 5,042,000
Bank owned life insurance 41,667,000 28,723,000
Other assets 14,221,000 13,884,000
TOTAL ASSETS 1,639,308,000 1,636,927,000
Deposits:    
Non-interest-bearing 354,391,000 322,571,000
Interest-bearing 993,889,000 978,348,000
Total deposits 1,348,280,000 1,300,919,000
Short-term borrowings 0 56,230,000
Long-term debt 40,994,000 47,032,000
Operating Lease, Liability 5,446,000 0
Accrued interest and other liabilities 16,540,000 13,761,000
TOTAL LIABILITIES 1,411,260,000 1,417,942,000
COMMITMENTS AND CONTINGENT LIABILITIES 0 0
SHAREHOLDERS' EQUITY:    
Preferred shares - no par value, authorized 1,000,000 shares, none outstanding 0 0
Common shares - no par value; authorized 19,000,000 shares at December 31, 2019 and 2018; issued 14,111,810 and 14,070,303 shares at December 31, 2019 and 2018, respectively 141,791,000 141,170,000
Retained earnings 104,431,000 94,547,000
Treasury shares at cost, 1,175,027 and 775,027 shares at December 31, 2019 and 2018, respectively (18,847,000) (12,013,000)
Accumulated other comprehensive income (loss), net of taxes 673,000 (4,719,000)
TOTAL SHAREHOLDERS' EQUITY 228,048,000 218,985,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,639,308,000 $ 1,636,927,000