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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 29,974 $ 15,859
Interest-bearing deposits in banks 44,420 32,909
Federal funds sold 11,500 11,500
Cash and cash equivalents 85,894 60,268
Certificates of deposit in banks 3,660 4,155
Securities available-for-sale, at fair value 780,364 493,274
Loans held for sale 17,181 24,004
Loans, net of unearned income and discounts 1,227,578 1,186,582
Less allowance for loan losses (18,913) (16,803)
Net loans 1,208,665 1,169,779
Premises and equipment, net 34,466 32,501
Accrued interest receivable 6,702 6,799
Bank owned life insurance 40,559 29,016
Foreclosed assets 674 240
Deferred income taxes, net 4,236 1,625
Core deposit intangible 3,494 4,052
Goodwill 27,817 27,817
Restricted equity securities 1,482 1,777
Other assets 10,909 9,343
Total assets 2,226,103 1,864,650
Liabilities and Shareholders' Equity    
Noninterest-bearing deposits 572,630 436,885
Interest-bearing deposits 1,419,383 1,216,750
Total deposits 1,992,013 1,653,635
Securities sold under agreements to repurchase 10,486 13,653
Note payable   20,392
Subordinated debentures, net of loan costs 39,316  
Accrued interest payable and other liabilities 9,538 8,790
Total liabilities 2,051,353 1,696,470
Common stock related to 401(k) Employee Stock Ownership Plan 2,673 1,732
Stockholders' Equity    
Common stock ($1 par value; 10,000,000 shares authorized; 6,537,785 and 6,528,764 shares issued; 6,537,551 and 6,501,024 shares outstanding, respectively) 6,538 6,529
Additional paid-in capital 100,918 100,707
Retained earnings 63,594 53,391
Accumulated other comprehensive income 3,707 8,310
Treasury stock at cost (234 and 27,740 shares, respectively) (7) (757)
Common stock related to 401(k) Employee Stock Ownership Plan (2,673) (1,732)
Total stockholders' equity 172,077 166,448
Total equity 174,750 168,180
Total liabilities and stockholders' equity $ 2,226,103 $ 1,864,650