CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 13,218	$ 14,596
Interest-bearing deposits with banks	54,300	50,363
Federal funds sold	150	18
Total cash and cash equivalents	67,668	64,977
Investment securities available-for-sale, at fair value	95,984	89,805
Loans receivable	657,536	638,111
Allowance for credit losses	(7,684)	(7,256)
Net loans	649,852	630,855
Bank premises and equipment, net	17,070	17,841
Other real estate owned	87	157
Accrued interest receivable	3,458	3,029
Deferred taxes, net	4,809	4,461
Bank owned life insurance		4,589
Right-of-use assets – operating leases	3,413	3,852
Insurance benefit receivable	5,417
Other assets	7,167	6,747
Total assets	854,925	826,313
Deposits
Noninterest bearing	224,938	233,878
Interest-bearing	525,044	482,589
Total deposits	749,982	716,467
Borrowed funds	24,986	36,186
Lease liabilities – operating leases	3,413	3,852
Accrued interest payable	1,442	1,447
Accrued expenses and other liabilities	4,361	3,550
Total liabilities	784,184	761,502
Commitments and Contingent Liabilities (Notes 19 and 21)
SHAREHOLDERS’ EQUITY
Common stock - $2.00 par value; 50,000,000 shares authorized; 23,636,724 and 23,745,900 shares issued and outstanding at December 31, 2024 and 2023, respectively	47,273	47,492
Additional paid-in capital	14,451	14,514
Retained earnings	21,001	14,458
Accumulated other comprehensive loss	(11,984)	(11,653)
Total shareholders’ equity	70,741	64,811
Total liabilities and shareholders’ equity	$ 854,925	$ 826,313