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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 26,948 $ 10,673
Interest bearing deposits with other banks 1,646 68,563
Cash and cash equivalents 28,594 79,236
Investment securities held-to-maturity, at amortized cost 406,590 0
Securities available for sale, at fair value 201,322 631,835
Loans held for investment ("LHFI"), net of unearned income 585,591 571,847
Less allowance for loan losses, LHFI 5,264 4,513
Net LHFI 580,327 567,334
Bank premises, furniture, fixtures and equipment, net 27,705 26,661
Other real estate owned, net 1,179 2,475
Accrued interest receivable 4,864 4,171
Cash surrender value of life insurance 25,724 25,679
Deferred tax assets, net 29,574 6,279
Identifiable intangible assets, net 13,442 13,551
Other assets 4,682 4,088
Total assets 1,324,003 1,361,309
Deposits    
Non-interest bearing deposits 299,112 302,707
Interest bearing deposits 827,290 809,185
Total deposits 1,126,402 1,111,892
Securities sold under agreement to repurchase 127,574 112,760
Borrowings on secured line of credit 18,000 18,000
Accrued interest payable 732 328
Deferred compensation payable 9,868 9,543
Other liabilities 2,402 2,886
Total liabilities 1,284,978 1,255,409
Shareholders' equity    
Common stock, $.20 par value, authorized 22,500,000 shares; 5,603,570 shares issued and outstanding at December 31, 2022 and 5,595,320 shares issued and outstanding at December 31, 2021 1,122 1,120
Additional paid-in capital 18,448 18,293
Accumulated other comprehensive (loss), net of tax benefit of $29,355 in 2022 and $3,921 in 2021 (83,070) (11,795)
Retained earnings 102,525 98,282
Total shareholders' equity 39,025 105,900
Total liabilities and shareholders' equity $ 1,324,003 $ 1,361,309