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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets [Abstract]    
Cash and due from banks $ 20,393 $ 27,277
Interest-bearing demand deposits 15,351 12,446
Total cash and cash equivalents 35,744 39,723
Interest-bearing time deposits 250 0
Investment securities:    
Equity securities with a readily determinable fair value, at fair value 1,363 1,336
Equity securities without a readily determinable fair value, at cost 3,666 3,666
Debt securities, available-for-sale, at fair value 258,327 276,601
Debt securities, held-to-maturity, at cost, net of allowance for credit losses of $5 at December 31, 2024 and 2023 16,324 16,858
Federal Reserve Bank stock, at cost 6,405 5,086
Federal Home Loan Bank stock, at cost 20,710 15,176
Loans, net of allowance for credit losses of $12,001 and $10,525 at December 31, 2024 and 2023, respectively 1,709,811 1,712,946
Loans held-for-sale 5,556 0
Premises and equipment, net 41,049 36,302
Operating lease right-of-use assets 5,785 6,000
Goodwill 90,310 79,509
Core deposit and other intangibles, net 11,104 9,494
Bank-owned life insurance 54,002 49,847
Interest Receivable 8,701 8,405
Other Assets 38,287 30,643
TOTAL ASSETS 2,307,394 2,291,592
Deposits:    
Noninterest-bearing 459,619 462,267
Interest-bearing 1,418,673 1,362,122
Total deposits 1,878,292 1,824,389
Short-term borrowings 0 97,395
Long-term debt 155,153 113,123
Operating lease liabilities recognized 6,115 6,261
Accrued interest and other liabilities 14,798 15,121
TOTAL LIABILITIES 2,054,358 2,056,289
COMMITMENTS AND CONTINGENT LIABILITIES
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, 2024 and 2023; issued 17,329,423 and 16,384,952 shares at December 31, 2024 and 2023, respectively; outstanding 14,118,040 and 13,173,569 at December 31, 2024 and 2023, respectively 186,937 173,637
Retained earnings 141,290 140,017
Treasury shares at cost, 3,211,383 and 3,211,383 shares at December 31, 2024 and 2023, respectively (56,002) (56,015)
Accumulated other comprehensive loss, net of taxes (19,189) (22,336)
TOTAL SHAREHOLDERS' EQUITY 253,036 235,303
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,307,394 $ 2,291,592