XML 86 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS:    
Cash and due from banks $ 17,820 $ 17,019
Interest-bearing demand deposits 6,975 3,746
Total cash and cash equivalents 24,795 20,765
Investment securities:    
Equity securities with a readily determinable fair value, at fair value 2,036 2,312
Equity securities without a readily determinable fair value, at cost 2,099 2,099
Debt securities, available-for-sale, at fair value 141,439 178,000
Debt securities, held-to-maturity, at cost 27,694 27,525
Federal Reserve Bank stock, at cost 4,652 4,652
Federal Home Loan Bank stock, at cost 5,203 5,203
Loans, net 1,267,379 1,239,406
Premises and equipment, net 35,017 34,787
Operating Lease, Right-of-Use Asset 5,621 5,444
Goodwill 59,221 59,221
Core deposit and other intangibles, net 3,751 4,006
Bank owned life insurance 41,309 41,667
Other assets 16,064 14,221
TOTAL ASSETS 1,636,280 1,639,308
Deposits:    
Noninterest-bearing 342,442 354,391
Interest-bearing 1,003,430 993,889
Total deposits 1,345,872 1,348,280
Long-term debt 35,996 40,994
Operating Lease, Liability 5,659 5,446
Accrued interest and other liabilities 15,275 16,540
TOTAL LIABILITIES 1,402,802 1,411,260
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; issued 14,144,103 and 14,111,810 shares at March 31, 2020 and December 31, 2019, respectively 142,046 141,791
Retained earnings 107,123 104,431
Treasury shares at cost, 1,175,027 shares at March 31, 2020 and December 31, 2019 (18,847) (18,847)
Accumulated other comprehensive income, net of taxes 3,156 673
TOTAL SHAREHOLDERS' EQUITY 233,478 228,048
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,636,280 $ 1,639,308