CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS:
Noninterest-bearing balances	$ 28,969	$ 27,390
Interest-bearing deposits in other financial institutions	8,493	12,943
Total cash and cash equivalents	37,462	40,333
Investment debt securities, available for sale, at fair value	190,945	193,673
Investment equity securities, at fair value	1,122	1,142
Restricted investment in bank stock	24,323	19,171
Loans held for sale	3,993	3,298
Loans	1,839,764	1,639,731
Allowance for credit losses	(11,446)	(15,637)
Loans, net	1,828,318	1,624,094
Premises and equipment, net	30,250	31,844
Accrued interest receivable	11,044	9,481
Bank-owned life insurance	33,867	34,452
Investment in limited partnerships	7,815	8,656
Goodwill	16,450	16,450
Intangibles	210	327
Operating lease right of use asset	2,512	2,651
Deferred tax assets	4,655	6,868
Other assets	11,843	7,640
TOTAL ASSETS	2,204,809	2,000,080
LIABILITIES:
Interest-bearing deposits	1,118,320	1,037,397
Noninterest-bearing deposits	471,173	519,063
Total deposits	1,589,493	1,556,460
Short-term borrowings	145,926	153,349
Long-term borrowings	252,598	102,783
Accrued interest payable	3,814	603
Operating lease liability	2,570	2,708
Other liabilities	18,852	16,512
TOTAL LIABILITIES	2,013,253	1,832,415
SHAREHOLDERS’ EQUITY:
Preferred stock, no par value, 3,000,000 shares authorized; no shares issued	0	0
Common stock, par value $5.55, 22,500,000 shares authorized; 8,019,219 and 7,566,810 shares issued; 7,508,994 and 7,056,585 shares outstanding	44,550	42,039
Additional paid-in capital	61,733	54,252
Retained earnings	107,238	98,147
Accumulated other comprehensive loss:
Net unrealized loss on available for sale securities	(6,396)	(9,819)
Defined benefit plan	(2,754)	(4,139)
Treasury stock at cost, 510,225 shares	(12,815)	(12,815)
TOTAL SHAREHOLDERS' EQUITY	191,556	167,665
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 2,204,809	$ 2,000,080