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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 8,033 $ 8,171
Interest-bearing demand deposits 37,619 11,437
Cash and cash equivalents 45,652 19,608
Available-for-sale securities, net of allowance for credit losses of $0 at September 30, 2025 and December 31, 2024 253,726 240,631
Loans, net of allowance for credit losses of $4,303 and $4,026 at September 30, 2025 and December 31, 2024, respectively 492,234 486,945
Premises and equipment 30,171 23,599
Federal Home Loan Bank stock 4,030 4,026
Foreclosed assets held for sale, net 3,276 3,363
Core deposit other intangible asset 10 122
Goodwill 682 682
Accrued interest receivable 3,631 4,322
Deferred federal income tax 4,111 4,011
Bank-owned life insurance 20,155 19,852
Other assets 9,078 9,495
Total assets 866,756 816,656
Deposits    
Demand 332,843 320,690
Savings 123,220 125,120
Time 189,130 167,684
Total deposits 645,193 613,494
Securities sold under repurchase agreements 45,514 30,494
Subordinated debentures 23,893 23,847
Advances Federal Home Loan Bank 75,000 75,000
Lease liability - finance lease 2,933 2,873
Interest payable and other liabilities 7,753 7,491
Total liabilities 800,286 753,199
Stockholders' Equity    
Preferred stock, no par value, authorized 2,000,000 shares; no shares issued
Common stock, $1 par value; authorized 10,000,000 shares; issued 6,203,141 shares at September 30, 2025, and 6,203,141 shares at December 31, 2024; outstanding - 5,774,011 and 5,793,611 shares at September 30, 2025 and December 31, 2024, respectively 6,203 6,203
Additional paid-in capital 26,902 26,373
Retained earnings 47,670 46,307
Stock held by deferred compensation plan; 182,267 and 172,667 shares at September 30, 2025 and December 31, 2024, respectively (2,341) (2,078)
Accumulated other comprehensive loss (8,586) (10,100)
Treasury stock, at cost 246,863 and 236,863 shares at September 30, 2025 and December 31, 2024, respectively (3,378) (3,248)
Total stockholders' equity 66,470 63,457
Total liabilities and stockholders' equity $ 866,756 $ 816,656