Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and due from banks	$ 12,928	$ 11,868
Interest bearing deposits with banks	598	19,753
Federal funds sold	0	10,000
Cash and cash equivalents	13,526	41,621
Interest bearing time deposits with banks	735	735
Equity securities	1,124	1,091
Debt securities available for sale	335,424	286,415
Restricted investment in bank stock	2,116	3,423
Total loans	418,303	422,661
Less: Allowance for loan losses	(3,508)	(4,094)
Total loans, net of allowance for loan losses	414,795	418,567
Premises and equipment, net	8,371	8,808
Other real estate owned	87	0
Bank owned life insurance and annuities	16,852	16,568
Investment in low income housing partnerships	2,306	3,105
Core deposit and other intangible assets	175	241
Goodwill	9,047	9,047
Mortgage servicing rights	120	158
Accrued interest receivable and other assets	5,840	3,939
Total assets	810,518	793,718
Liabilities:
Deposits: Non-interest bearing	182,022	168,115
Deposits: Interest bearing	526,425	454,751
Total deposits	708,447	622,866
Short-term borrowings and repurchase agreements	4,227	24,750
Federal Reserve Bank ("FRB") advances	0	27,955
Long-term debt	20,000	35,000
Other interest bearing liabilities	1,568	1,584
Accrued interest payable and other liabilities	4,986	4,966
Total liabilities	739,228	717,121
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, 2021 and December 31, 2020; Outstanding - 4,988,542 shares at December 31, 2021 and 5,025,441 shares at December 31, 2020	5,151	5,151
Surplus	25,008	25,011
Retained earnings	47,298	45,096
Accumulated other comprehensive income	(3,365)	3,518
Cost of common stock in Treasury: 162,737 shares at December 31, 2021; 125,838 shares at December 31, 2020	(2,802)	(2,179)
Total stockholders' equity	71,290	76,597
Total liabilities and stockholders' equity	$ 810,518	$ 793,718