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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets:    
Cash and due from banks $ 39,831 $ 27,317
Interest-bearing deposits with financial institutions 69,294 69,560
Total cash and cash equivalents 109,125 96,877
Available-for-sale securities 452,822 738,980
Held-to-maturity securities (fair value of $199,446 in 2022; $0 in 2021) 222,011 0
Restricted investments in bank stock 3,622 3,206
Loans and leases, net (allowance for loan losses of $16,590 in 2022; $15,624 in 2021) 1,473,715 1,417,504
Loans held-for-sale (fair value $4,061 in 2022; $32,013 in 2021) 4,011 31,727
Foreclosed assets held-for-sale 128 434
Bank premises and equipment, net 30,855 29,310
Leased property under finance leases, net 1,210 1,307
Right-of-use assets 8,800 9,006
Cash surrender value of bank owned life insurance 53,383 52,745
Accrued interest receivable 7,909 7,526
Goodwill 19,628 19,628
Core deposit intangible, net 1,732 1,942
Other assets 25,989 8,912
Total assets 2,414,940 2,419,104
Liabilities:    
Interest-bearing 1,606,637 1,579,582
Non-interest-bearing 610,987 590,283
Total deposits 2,217,624 2,169,865
Accrued interest payable and other liabilities 16,248 15,943
Finance lease obligation 1,226 1,320
Operating lease liabilities 9,477 9,627
Short-term borrowings 10 0
Secured borrowings 7,736 10,620
Total liabilities 2,252,321 2,207,375
Shareholders' equity:    
Preferred stock authorized 5,000,000 shares with no par value; none issued 0 0
Capital stock, no par value (10,000,000 shares authorized; shares issued and outstanding; 5,651,777 at June 30, 2022; and 5,645,687 at December 31, 2021) 115,079 114,108
Retained earnings 108,848 97,442
Accumulated other comprehensive (loss) income (60,920) 179
Treasury stock, at cost (10,342 shares at June 30, 2022 and no shares at December 31, 2021) (388) 0
Total shareholders' equity 162,619 211,729
Total liabilities and shareholders' equity $ 2,414,940 $ 2,419,104