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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 6,189 $ 2,920
Interest-bearing deposits in banks 176,172 102,879
Total cash and cash equivalents 182,361 105,799
Securities available-for-sale, at fair value 298,103 239,300
Securities held-to-maturity, fair value of $95,051 and $103,258 as of March 31, 2022 and December 31, 2021, respectively 104,177 105,509
Restricted securities, at cost 5,088 4,951
Equity securities, at fair value 2,324 1,869
Loans, net of unearned income 1,631,260 1,666,469
Allowance for loan losses (20,031) (20,032)
Net loans 1,611,229 1,646,437
Bank premises and equipment, net 1,532 1,620
Accrued interest receivable 4,354 4,943
Bank owned life insurance 21,093 20,998
Right of use assets 4,567 4,913
Other assets 14,781 12,970
Total assets 2,249,609 2,149,309
Deposits:    
Non-interest bearing demand deposits 495,811 488,838
Interest bearing demand deposits 760,074 633,901
Savings deposits 114,427 101,376
Time deposits 612,787 657,438
Total deposits 1,983,099 1,881,553
Federal Home Loan Bank advances 18,000 18,000
Subordinated debt 24,845 24,728
Accrued interest payable 477 843
Lease liabilities 4,830 5,182
Dividends payable 2,790  
Other liabilities 10,713 10,533
Total liabilities 2,044,754 1,940,839
Commitment and contingencies
Shareholders' Equity    
Preferred stock, par value $0.01 per share; authorized 1,000,000 shares; none issued
Additional paid-in capital 93,135 91,107
Retained earnings 122,510 117,626
Accumulated other comprehensive loss (10,929) (400)
Total shareholders' equity 204,855 208,470
Total liabilities and shareholders' equity 2,249,609 2,149,309
Common stock, voting    
Shareholders' Equity    
Common stock $ 139 $ 137