CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 15,932	$ 14,596
Interest-bearing deposits with banks	72,803	50,363
Federal funds sold	114	18
Total cash and cash equivalents	88,849	64,977
Investment securities available-for-sale	89,014	89,805
Loans receivable	638,594	638,111
Allowance for credit losses	(7,406)	(7,256)
Net loans	631,188	630,855
Bank premises and equipment, net	18,140	18,265
Other real estate owned	157	157
Accrued interest receivable	3,048	3,029
Deferred taxes, net	4,943	4,461
Bank owned life insurance	4,607	4,589
Right-of-use assets – operating leases	3,738	3,852
Other assets	6,804	6,323
Total assets	850,488	826,313
Deposits:
Noninterest bearing	234,669	233,878
Interest-bearing	506,110	482,589
Total deposits	740,779	716,467
Borrowed funds	36,186	36,186
Lease liabilities – operating leases	3,738	3,852
Accrued interest payable	1,751	1,447
Accrued expenses and other liabilities	4,018	3,550
Total liabilities	786,472	761,502
SHAREHOLDERS’ EQUITY
Common stock - $2.00 par value; 50,000,000 shares authorized; 23,711,787 and 23,745,900 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	47,423	47,492
Retained earnings	14,583	14,458
Accumulated other comprehensive loss	(12,488)	(11,653)
Total shareholders’ equity	64,016	64,811
Total liabilities and shareholders’ equity	$ 850,488	$ 826,313