CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 12,990	$ 14,596
Interest-bearing deposits with banks	90,563	50,363
Federal funds sold	174	18
Total cash and cash equivalents	103,727	64,977
Investment securities available-for-sale	96,564	89,805
Loans receivable	646,356	638,111
Allowance for credit losses	(7,670)	(7,256)
Net loans	638,686	630,855
Bank premises and equipment, net	17,589	18,265
Other real estate owned	1,060	157
Accrued interest receivable	3,241	3,029
Deferred taxes, net	4,037	4,461
Bank owned life insurance	4,646	4,589
Right-of-use assets – operating leases	3,520	3,852
Other assets	7,225	6,323
Total assets	880,295	826,313
Deposits:
Noninterest bearing	231,752	233,878
Interest-bearing	531,812	482,589
Total deposits	763,564	716,467
Borrowed funds	36,186	36,186
Lease liabilities – operating leases	3,520	3,852
Accrued interest payable	1,951	1,447
Accrued expenses and other liabilities	4,013	3,550
Total liabilities	809,234	761,502
SHAREHOLDERS’ EQUITY
Common stock - $2.00 par value; 50,000,000 shares authorized; 23,652,068 and 23,745,900 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively	47,304	47,492
Additional paid-in-capital	14,463	14,514
Retained earnings	18,375	14,458
Accumulated other comprehensive loss	(9,081)	(11,653)
Total shareholders’ equity	71,061	64,811
Total liabilities and shareholders’ equity	$ 880,295	$ 826,313