XML 8 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 10,188 $ 18,074 [1]
Interest-bearing deposits in other banks 8,977 10,316 [1]
Securities:    
Available for sale, at fair value 279,323 420,595 [1]
Restricted securities, at cost 7,737 8,385 [1]
Total securities 287,060 428,980 [1]
Loans, net of deferred fees and costs 1,215,512 1,092,665 [1]
Allowance for credit losses (8,523) (8,395) [1]
Loans, net 1,206,989 1,084,270 [1]
Premises and equipment, net 15,562 16,195 [1]
Bank owned life insurance 39,762 38,904 [1]
Goodwill 7,768 7,768 [1]
Right of use asset, net 5,921 6,748 [1]
Deferred tax asset, net 13,548 15,382 [1]
Accrued interest receivable and other assets 14,906 14,287 [1]
Total assets 1,614,780 1,646,017 [1]
Demand deposits:    
Noninterest bearing 359,900 372,857 [1]
Interest bearing 258,439 305,541 [1]
Money market and savings deposit accounts 431,707 412,119 [1]
Certificates of deposit and other time deposits 329,857 318,581 [1]
Total deposits 1,379,903 1,409,098 [1]
Federal funds purchased 3,112 3,462 [1]
Borrowings 52,500 66,500 [1]
Junior subordinated debt, net 3,495 3,459 [1]
Lease liability 5,748 6,504 [1]
Accrued interest payable and other liabilities 4,113 3,954 [1]
Total liabilities 1,448,871 1,492,977 [1]
Commitments and contingent liabilities
Shareholders' equity:    
Preferred stock, $2.50 par value
Common stock, $2.50 par value 13,257 13,258 [1]
Capital surplus 106,166 106,045 [1]
Retained earnings 80,789 73,781 [1]
Accumulated other comprehensive loss (34,303) (40,044) [1]
Total shareholders' equity 165,909 153,040 [1]
Total liabilities and shareholders' equity $ 1,614,780 $ 1,646,017 [1]
Common stock, shares outstanding 5,370,912 5,365,982 [1]
Common stock, shares authorized 10,000,000 10,000,000 [1]
Preferred stock, shares outstanding 0 0 [1]
Preferred stock, shares authorized 2,000,000 2,000,000 [1]
Core Deposit [Member]    
Securities:    
Core deposit intangible, net $ 4,099 $ 5,093 [1]
[1]

* Derived from audited Consolidated Financial Statements