CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 15,884	$ 14,596
Interest-bearing deposits with banks	72,800	50,363
Federal funds sold	120	18
Total cash and cash equivalents	88,804	64,977
Investment securities available-for-sale	92,269	89,805
Loans receivable	639,934	638,111
Allowance for credit losses	(7,727)	(7,256)
Net loans	632,207	630,855
Bank premises and equipment, net	17,913	18,265
Other real estate owned	103	157
Accrued interest receivable	3,015	3,029
Deferred taxes, net	4,778	4,461
Bank owned life insurance	4,626	4,589
Right-of-use assets – operating leases	3,629	3,852
Other assets	7,326	6,323
Total assets	854,670	826,313
Deposits:
Noninterest bearing	226,619	233,878
Interest-bearing	516,609	482,589
Total deposits	743,228	716,467
Borrowed funds	36,186	36,186
Lease liabilities – operating leases	3,629	3,852
Accrued interest payable	1,920	1,447
Accrued expenses and other liabilities	3,476	3,550
Total liabilities	788,439	761,502
SHAREHOLDERS’ EQUITY
Common stock - $2.00 par value; 50,000,000 shares authorized; 23,676,257 and 23,745,900 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively	47,352	47,492
Additional paid-in-capital	14,479	14,514
Retained earnings	16,267	14,458
Accumulated other comprehensive loss	(11,867)	(11,653)
Total shareholders’ equity	66,231	64,811
Total liabilities and shareholders’ equity	$ 854,670	$ 826,313