XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets [Abstract]    
Cash and due from banks $ 33,360 $ 26,269
Interest-bearing deposits with financial institutions 132,135 57,084
Total cash and cash equivalents 165,495 83,353
Available-for-sale securities 319,279 331,457
Held-to-maturity securities (fair value of $195,400 in 2025; $194,575 in 2024) 226,542 225,764
Restricted investments in bank stock 4,240 3,961
Loans and leases, net (allowance for credit losses of $19,976 in 2025; $19,666 in 2024) 1,817,030 1,779,136
Loans held-for-sale (fair value $482 in 2025; $2,089 in 2024) 471 2,054
Foreclosed assets held-for-sale 414 430
Bank premises and equipment, net 40,097 35,914
Leased property under finance leases, net 861 975
Right-of-use assets 9,250 8,785
Cash surrender value of bank owned life insurance 58,849 58,069
Accrued interest receivable 9,988 9,632
Goodwill 19,628 19,628
Core deposit intangible, net 736 876
Other assets 25,695 24,582
Total assets 2,698,575 2,584,616
Liabilities:    
Interest-bearing 1,877,254 1,806,885
Non-interest-bearing 558,074 533,935
Total deposits 2,435,328 2,340,820
Allowance for credit losses on off-balance sheet credit exposures 1,019 1,084
Finance lease obligation 897 1,011
Operating lease liabilities 10,215 9,714
Short-term borrowings 10 0
Secured borrowings 6,134 6,266
Accrued interest payable and other liabilities 27,060 21,752
Total liabilities 2,480,663 2,380,647
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; 5,767,490 at June 30, 2025; and 5,736,252 at December 31, 2024) 120,333 119,430
Retained earnings 148,365 140,113
Accumulated other comprehensive loss (50,699) (55,574)
Treasury stock, at cost (2,081 shares at June 30, 2025 and 54 shares at December 31, 2024) (87) 0
Total shareholders' equity 217,912 203,969
Total liabilities and shareholders' equity $ 2,698,575 $ 2,584,616