Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 11,868	$ 12,658
Interest bearing deposits with banks	19,753	82
Federal funds sold	10,000	0
Cash and cash equivalents	41,621	12,740
Interest bearing time deposits with banks	735	2,210
Equity securities	1,091	1,144
Debt securities available for sale	286,415	210,686
Restricted investment in bank stock	3,423	3,442
Total loans	422,661	400,590
Less: Allowance for loan losses	(4,094)	(2,961)
Total loans, net of allowance for loan losses	418,567	397,629
Premises and equipment, net	8,808	9,243
Bank owned life insurance and annuities	16,568	16,266
Investment in low income housing partnerships	3,105	3,904
Core deposit and other intangible assets	241	318
Goodwill	9,047	9,047
Mortgage servicing rights	158	180
Accrued interest receivable and other assets	3,939	3,823
Total assets	793,718	670,632
Liabilities:
Deposits: Non-interest bearing	168,115	134,703
Deposits: Interest bearing	454,751	397,234
Total deposits	622,866	531,937
Short-term borrowings and repurchase agreements	24,750	13,129
Federal Reserve Bank ("FRB") advances	27,955	0
Long-term debt	35,000	45,000
Other interest bearing liabilities	1,584	1,603
Accrued interest payable and other liabilities	4,966	5,256
Total liabilities	717,121	596,925
Commitments and contingent liabilities
Stockholders' Equity:
Preferred stock, no par value: Authorized - 500,000 shares, none issued	0	0
Common stock, par value $1.00 per share: Authorized 20,000,000 shares Issued - 5,151,279 shares at December 31, 2020; 5,141,749 shares at December 31, 2019 Outstanding - 5,025,441 shares at December 31, 2020; 5,099,729 shares at December 31, 2019	5,151	5,142
Surplus	25,011	24,898
Retained earnings	45,096	43,954
Accumulated other comprehensive income	3,518	516
Cost of common stock in Treasury: 125,838 shares at December 31, 2020; 42,020 shares at December 31, 2019	(2,179)	(803)
Total stockholders' equity	76,597	73,707
Total liabilities and stockholders' equity	$ 793,718	$ 670,632