XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets:    
Cash and due from banks $ 29,668 $ 3,542
Interest-bearing deposits with financial institutions 33,370 25,549
Total cash and cash equivalents 63,038 29,091
Available-for-sale securities 391,414 420,862
Held-to-maturity securities (fair value of $194,251 in 2023; $187,280 in 2022) 223,112 222,744
Restricted investments in bank stock 5,968 5,268
Loans and leases, net (allowance for credit losses of $17,910 in 2023; $17,149 in 2022) 1,609,089 1,547,025
Loans held-for-sale (fair value $160 in 2023; $1,660 in 2022) 156 1,637
Foreclosed assets held-for-sale 87 168
Bank premises and equipment, net 31,408 31,307
Leased property under finance leases, net 1,029 1,089
Right-of-use assets 8,527 8,642
Cash surrender value of bank owned life insurance 53,567 54,035
Accrued interest receivable 8,666 8,487
Goodwill 19,628 19,628
Core deposit intangible, net 1,443 1,540
Other assets 25,889 26,849
Total assets 2,443,021 2,378,372
Liabilities:    
Interest-bearing 1,552,036 1,564,305
Non-interest-bearing 591,055 602,608
Total deposits 2,143,091 2,166,913
Accrued interest payable and other liabilities 15,846 17,434
Allowance for credit losses on off-balance sheet credit exposures 1,334 49
Finance lease obligation 1,051 1,110
Operating lease liabilities 9,263 9,357
Short-term borrowings 88,989 12,940
Secured borrowings 7,560 7,619
Total liabilities 2,267,134 2,215,422
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; 5,665,255 at March 31, 2023; and 5,630,794 at December 31, 2022) 116,437 115,611
Retained earnings 123,416 119,754
Accumulated other comprehensive loss (62,938) (71,152)
Treasury stock, at cost (25,945 shares at March 31, 2023 and 32,663 shares at December 31, 2022) (1,028) (1,263)
Total shareholders' equity 175,887 162,950
Total liabilities and shareholders' equity $ 2,443,021 $ 2,378,372