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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 18,074 $ 20,993
Interest bearing deposits in other banks 10,316 19,098
Federal funds sold   45
Securities:    
Available for sale, at fair value 420,595 538,186
Restricted securities, at cost 8,385 5,137
Total securities 428,980 543,323
Loans 1,092,665 936,415
Allowance for credit losses (8,395) (5,552)
Loans, net 1,084,270 930,863
Premises and equipment, net 16,195 17,808
Assets held for sale   965
Bank owned life insurance 38,904 38,552
Goodwill 7,768 7,768
Right of use asset, net 6,748 6,536
Deferred tax asset, net 15,382 17,315
Accrued interest receivable and other assets 14,287 13,507
Total assets 1,646,017 1,623,359
Demand deposits:    
Noninterest bearing 372,857 495,649
Interest bearing 305,541 399,983
Money market and savings deposit accounts 412,119 467,600
Certificates of deposit and other time deposits 318,581 115,106
Total deposits 1,409,098 1,478,338
Federal funds purchased 3,462  
Borrowings 66,500  
Junior subordinated debt 3,459 3,413
Lease liability 6,504 6,173
Accrued interest payable and other liabilities 3,954 2,019
Total liabilities 1,492,977 1,489,943
Commitments and contingent liabilities
Shareholders' equity:    
Preferred stock, $2.50 par value
Common stock, $2.50 par value 13,258 13,214
Capital surplus 106,045 105,344
Retained earnings 73,781 63,482
Accumulated other comprehensive (loss) (40,044) (48,624)
Total shareholders' equity 153,040 133,416
Total liabilities and shareholders' equity $ 1,646,017 $ 1,623,359
Common stock, shares outstanding 5,365,982 5,337,271
Common stock, shares authorized 10,000,000 10,000,000
Preferred stock, shares outstanding 0 0
Preferred stock, shares authorized 2,000,000 2,000,000
Core Deposit [Member]    
Securities:    
Intangible assets, net $ 5,093 $ 6,586