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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 15,835 $ 10,009
Interest-bearing deposits with banks 4,757 84,863
Federal funds sold 99,891 817
Investment securities available for sale 107,422 33,507
Restricted equity securities 2,209 2,416
Loans, net of allowance for loan losses of $5,550 at September 30, 2021 and $4,900 at December 31, 2020 680,567 659,195
Cash value of life insurance 18,628 18,304
Properties and equipment, net 30,268 26,591
Accrued interest receivable 2,414 2,355
Core deposit intangible 1,898 2,359
Goodwill 3,257 3,257
Deferred tax assets, net 1,509 1,019
Other assets 11,519 10,695
Assets, Total 980,174 855,387
Liabilities    
Noninterest-bearing 291,058 231,852
Interest-bearing 587,194 523,676
Total deposits 878,252 755,528
FHLB advances 10,000 10,000
Accrued interest payable 122 124
Other liabilities 3,420 4,629
Liabilities, Total 891,794 770,281
Commitments and contingencies (Note 9)
Stockholders’ Equity    
Preferred stock, no par value; 5,000,000 shares authorized, none issued 0 0
Common stock, no par value; 25,000,000 shares authorized, 5,981,100 and 6,045,775 issued and outstanding at September 30, 2021 and December 31, 2020, respectively 0 0
Surplus 38,812 39,740
Retained earnings 51,112 45,887
Accumulated other comprehensive loss (1,544) (521)
Stockholders' Equity Attributable to Parent, Ending Balance 88,380 85,106
Liabilities and Equity, Total $ 980,174 $ 855,387