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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 10,251 $ 11,637
Interest-bearing demand deposits 86,800 39,955
Cash and cash equivalents 97,051 51,592
Available-for-sale securities 146,313 158,067
Loans, net of allowance for loan losses of $4,807 and $5,113 at March 31, 2021 and December 31, 2020, respectively 445,227 438,378
Premises and equipment 13,665 13,743
Federal Home Loan Bank stock 4,097 4,177
Foreclosed assets held for sale, net 467 721
Core deposit and other intangible assets 673 710
Goodwill 682 682
Accrued interest receivable 2,581 2,901
Bank-owned life insurance 18,226 18,109
Other assets 4,274 4,322
Total assets 733,256 693,402
Deposits    
Demand 401,963 376,287
Savings 131,677 122,549
Time 74,382 80,699
Total deposits 608,022 579,535
Securities sold under repurchase agreements 27,180 12,705
Subordinated debentures 23,619 23,604
Deferred federal income tax 1,629 2,185
Interest payable and other liabilities 6,084 7,045
Total liabilities 666,534 625,074
Stockholders' Equity    
Preferred stock, no par value, authorized 2,000,000 shares; no shares issued 0 0
Common stock, $1 par value; authorized 10,000,000 shares; issued 6,046,351 shares at March 31, 2021, and 6,046,351 shares at December 31, 2020; outstanding - 5,791,853 and 5,791,853 shares at March 31, 2021 and December 31, 2020, respectively 6,046 6,046
Additional paid-in capital 23,174 23,166
Retained earnings 32,958 32,497
Stock held by deferred compensation plan; 158,703 and 174,905 shares at March 31, 2021 and December 31, 2020 (1,580) (1,675)
Accumulated other comprehensive income 7,113 9,283
Treasury stock, at cost 79,593 and 79,593 shares at March 31, 2021 and December 31, 2020, respectively (989) (989)
Total stockholders' equity 66,722 68,328
Total liabilities and stockholders' equity $ 733,256 $ 693,402