XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS:    
Cash and due from banks $ 17,754 $ 16,810
Interest-bearing demand deposits 11,706 1,326
Total cash and cash equivalents 29,460 18,136
Investment securities:    
Equity securities with a readily determinable fair value, at fair value 2,175 2,546
Equity securities without a readily determinable fair value, at cost 2,099 2,099
Debt securities, available-for-sale, at fair value 290,419 308,177
Debt securities, held-to-maturity, at cost 22,415 22,972
Federal Reserve Bank stock, at cost 4,652 4,652
Federal Home Loan Bank stock, at cost 4,041 5,203
Loans, net 1,371,045 1,363,939
Premises and equipment, net 33,152 35,385
Operating Lease, Right-of-Use Asset 6,025 6,357
Goodwill 59,221 59,221
Core deposit and other intangibles, net 1,996 2,473
Bank owned life insurance 44,027 43,224
Other assets, net 26,351 21,246
TOTAL ASSETS 1,904,700 1,903,629
Deposits:    
Noninterest-bearing 521,704 501,531
Interest-bearing 1,135,666 1,127,288
Total deposits 1,657,370 1,628,819
Short-term Debt 4,000 0
Debt, Long-term and Short-term, Combined Amount 24,539 10,000
Operating lease liabilities 6,116 6,473
Accrued interest and other liabilities 17,236 19,733
TOTAL LIABILITIES 1,709,261 1,665,025
COMMITMENTS AND CONTINGENT LIABILITIES $ 0 $ 0
Preferred stock, shares outstanding 0 0
Preferred stock, shares authorized 1,000,000 1,000,000
SHAREHOLDERS' EQUITY:    
Preferred shares – no par value, authorized 1,000,000 shares, none outstanding $ 0 $ 0
Common Stock, Value, Issued 143,855 143,130
Retained earnings 135,202 126,312
Treasury Stock, Value (52,009) (29,029)
Accumulated other comprehensive loss, net of taxes (31,609) (1,809)
TOTAL SHAREHOLDERS' EQUITY 195,439 238,604
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 1,904,700 1,903,629
Accrued interest receivable $ 7,622 $ 7,999
Preferred shares, no par value (in dollars per share) $ 0 $ 0
Common stock, shares, outstanding (in shares) 11,293,639 12,414,956
Common stock, shares authorized 19,000,000 19,000,000
Common shares, no par value (in dollars per share) $ 0 $ 0
Common stock, shares, issued 14,264,931 14,213,792
Treasury stock, shares 2,971,292 1,798,836