CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 4,187	$ 4,504
Federal funds sold and overnight deposits	17,143	33,381
Cash and cash equivalents	21,330	37,885
Interest bearing deposits in banks	14,436	16,428
Investment securities available-for-sale	248,997	250,267
Other investments	1,340	1,264
Total investments	250,337	251,531
Loans held for sale	6,452	1,178
Loans	1,021,583	958,157
Allowance for credit losses on loans	(6,895)	(8,339)
Net deferred loan costs	1,700	1,336
Net loans	1,016,388	951,154
Premises and equipment, net	20,365	20,479
Company-owned life insurance	18,851	18,518
Other assets	47,469	39,316
Total assets	1,395,628	1,336,489
Deposits
Noninterest bearing	229,101	286,145
Interest bearing	707,872	762,722
Time	285,315	153,045
Total deposits	1,222,288	1,201,912
Borrowed funds	90,696	50,000
Subordinated notes	16,230	16,205
Accrued interest and other liabilities	17,168	13,152
Total liabilities	1,346,382	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 September 30, 2023 and 4,982,523 shares issued at December 31, 2022	9,969	9,965
Additional paid-in capital	2,607	2,225
Retained earnings	88,045	84,669
Treasury stock at cost; 476,406 shares at September 30, 2023 and 473,936 shares at December 31, 2022	(4,312)	(4,220)
Accumulated other comprehensive loss	(47,063)	(37,419)
Total stockholders' equity	49,246	55,220
Total liabilities and stockholders' equity	$ 1,395,628	$ 1,336,489