CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash due from banks	$ 17,901	$ 26,980
Federal funds sold and interest-bearing balances in banks	289,638	149,835
Cash and cash equivalents	307,539	176,815
Time deposits in banks	1,245	2,241
Investment securities available-for-sale ("AFS"), at fair value, net of allowance for credit losses of $0 at both December 31, 2023 and December 31, 2022	163,152	154,004
Equity securities	12,585	13,757
Federal Home Loan Bank ("FHLB") stock, at par	11,313	10,679
Federal Reserve Bank ("FRB") stock, at par	9,626	9,602
Loans held for sale		2,380
Loans, net of allowance for credit losses of $22,000 at December 31, 2023 and $18,900 at December 31, 2022	1,905,829
Loans, net of allowance for credit losses of $22,000 at Decem-ber 31, 2023 and $18,900 at December 31, 2022		2,002,224
Premises and equipment, net	13,734	13,278
Other real estate owned ("OREO")		21
Core deposit intangible, net	3,915	5,201
Cash surrender value of bank owned life insurance ("BOLI") policies, net	22,867	22,193
Right-of-use assets ("ROU"), net	13,939	16,569
Goodwill	38,838	38,838
Interest receivable and other assets	47,378	45,532
Total assets	2,551,960	2,513,334
LIABILITIES AND SHAREHOLDERS' EQUITY
Noninterest and interest bearing deposits	2,132,750	2,085,479
Junior subordinated deferrable interest debentures, net	8,565	8,484
Subordinated debt, net	63,881	63,711
Salary continuation plan	4,552	4,840
Lease liabilities	14,752	17,138
Interest payable and other liabilities	14,591	16,533
Total liabilities	2,239,091	2,196,185
Commitments and contingencies (Note 16)
Shareholders' equity
Preferred stock, no par value; 10,000,000 shares authorized; no shares issued and outstanding at both December 31, 2023 and December 31, 2022
Common stock, no par value; 100,000,000 shares authorized; 11,551,271 and 12,838,462 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	180,913	204,301
Additional paid in capital	287	287
Accumulated other comprehensive loss, net of tax	(14,592)	(11,561)
Retained earnings	146,261	124,122
Total shareholders' equity	312,869	317,149
Total liabilities and shareholders' equity	$ 2,551,960	$ 2,513,334