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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 23,277 $ 19,848
Short-term interest-earning deposits in other banks 201,679 183,765
Total cash and cash equivalents 224,956 203,613
Long-term interest-earning deposits in other banks 1,249 1,499
Debt securities available for sale, at fair value 495,487 508,604
Equity securities   166
Restricted stock 8,765 8,775
Loans held for sale 1,791 2,470
Loans 1,456,191 1,398,077
Allowance for credit losses (18,444) (17,653)
Net Loans 1,437,747 1,380,424
Premises and equipment, net 28,765 29,039
Right of use asset 4,090 4,106
Bank owned life insurance 22,850 22,735
Goodwill 9,016 9,016
Deferred tax asset, net 9,860 10,831
Other assets 12,902 16,563
Total assets 2,257,478 2,197,841
Deposits    
Noninterest-bearing checking 298,945 290,346
Money management, savings, and interest checking 1,257,102 1,209,396
Time 311,530 315,905
Total deposits 1,867,577 1,815,647
Lease liability 4,252 4,263
Other liabilities 14,548 13,516
Total liabilities 2,106,087 2,053,125
Commitments and contingent liabilities
Shareholders' equity    
Common stock, $1 par value per share,15,000,000 shares authorized with 4,710,972 shares issued and 4,454,382 shares outstanding at March 31, 2025 and 4,710,972 shares issued and 4,427,362 shares outstanding at December 31, 2024 4,711 4,711
Capital stock no par value, 5,000,000 shares authorized with no shares issued and outstanding
Additional paid-in capital 43,607 43,791
Retained earnings 141,967 139,463
Accumulated other comprehensive loss (31,856) (35,508)
Treasury stock, 256,590 shares at March 31, 2025 and 283,610 shares at December 31, 2024, at cost (7,038) (7,741)
Total shareholders' equity 151,391 144,716
Total liabilities and shareholders' equity 2,257,478 2,197,841
Federal Home Loan Bank (FHLB) Advances [Member]    
Deposits    
Debt 200,000 200,000
Subordinated Notes [Member]    
Deposits    
Debt $ 19,710 $ 19,699