XML 18 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Noninterest-bearing $ 24,814 $ 14,051
Interest-bearing 1,397 158,782
Total cash and cash equivalents 26,211 172,833
Interest bearing time deposits with other banks 6,055 11,026
Equity securities 2,208 2,270
Available-for-sale securities 439,506 412,402
Loans held for sale 725 4,554
Loans (net of allowance for loan losses: 2022, $18,552; 2021, $17,304) 1,706,447 1,424,229
Premises and equipment 17,619 17,016
Accrued interest receivable 7,332 5,235
Goodwill 31,376 31,376
Bank owned life insurance 39,355 38,503
Other intangibles 1,272 1,627
Fair value of derivative instruments - asset 16,599 4,011
Deferred tax asset 12,886 4,082
Other assets 25,802 14,699
TOTAL ASSETS 2,333,393 2,143,863
Deposits:    
Noninterest-bearing 396,260 358,073
Interest-bearing 1,447,948 1,478,078
Total deposits 1,844,208 1,836,151
Borrowed funds 257,278 73,977
Accrued interest payable 1,232 711
Fair value of derivative instruments - liability 9,726 2,101
Other liabilities 20,802 18,431
TOTAL LIABILITIES 2,133,246 1,931,371
STOCKHOLDERS' EQUITY:    
Preferred Stock $1.00 par value; authorized 3,000,000 shares 2022 and 2021; none issued in 2022 or 2021 0 0
Common Stock $1.00 par value; authorized 25,000,000 shares 2022 and 2021; issued 4,427,687 and 4,388,901 shares in 2022 and 2021, respectively 4,428 4,389
Additional paid-in capital 80,911 78,395
Retained earnings 164,922 146,010
Accumulated other comprehensive income (loss) (33,141) (155)
Treasury stock, at cost: 456,478 and 444,481 shares for 2022 and 2021, respectively (16,973) (16,147)
TOTAL STOCKHOLDERS' EQUITY 200,147 212,492
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,333,393 $ 2,143,863