CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 4,351	$ 4,504
Federal funds sold and overnight deposits	31,452	33,381
Cash and cash equivalents	35,803	37,885
Interest bearing deposits in banks	15,183	16,428
Investment securities available-for-sale	267,537	250,267
Other investments	1,378	1,264
Total investments	268,915	251,531
Loans held for sale	3,145	1,178
Loans	935,536	958,157
Allowance for credit losses on loans	(6,780)	(8,339)
Net deferred loan costs	1,556	1,336
Net loans	930,312	951,154
Premises and equipment, net	20,054	20,479
Company-owned life insurance	18,733	18,518
Other assets	42,599	39,316
Total assets	1,334,744	1,336,489
Deposits
Noninterest bearing	238,636	286,145
Interest bearing	633,019	762,722
Time	252,031	153,045
Total deposits	1,123,686	1,201,912
Borrowed funds	120,549	50,000
Subordinated notes	16,222	16,205
Accrued interest and other liabilities	15,233	13,152
Total liabilities	1,275,690	1,281,269
Commitments and Contingencies
Stockholders’ Equity
Common stock, $2.00 par value; 7,500,000 shares authorized; 4,984,311 shares issued at June 30, 2023 and 4,982,523 shares issued at December 31, 2022	9,969	9,965
Additional paid-in capital	2,465	2,225
Retained earnings	87,136	84,669
Treasury stock at cost; 474,738 shares at June 30, 2023 and 473,936 shares at December 31, 2022	(4,265)	(4,220)
Accumulated other comprehensive loss	(36,251)	(37,419)
Total stockholders' equity	59,054	55,220
Total liabilities and stockholders' equity	$ 1,334,744	$ 1,336,489