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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 32,207 $ 23,095
Interest-bearing deposits in other banks 41,133 483,723
Securities available for sale, at fair value 608,062 692,467
Restricted stock, at cost 12,651 8,056
Loans held for sale 1,061 8,481
Loans, net of deferred fees and costs 2,186,449 1,946,580
Less allowance for loan losses (19,555) (18,678)
Net loans 2,166,894 1,927,902
Premises and equipment, net 32,900 34,182
Assets held-for-sale 1,382 1,382
Other real estate owned, net of valuation allowance 27 143
Goodwill 85,048 85,048
Core deposit intangibles, net 3,367 4,627
Bank owned life insurance 29,692 29,107
Other assets 51,478 36,384
Total assets 3,065,902 3,334,597
Liabilities:    
Noninterest-bearing deposits 1,010,602 1,009,081
Interest-bearing deposits 1,585,726 1,881,272
Total deposits 2,596,328 2,890,353
Customer repurchase agreements 370 41,128
Other short-term borrowings 100,531 0
Junior subordinated debt 28,334 28,232
Other liabilities 19,165 20,092
Total liabilities 2,744,728 2,979,805
Commitments and contingencies
Shareholders' equity:    
Preferred stock, $5 par value, 2,000,000 shares authorized, none outstanding 0 0
Common stock, $1 par value, 20,000,000 shares authorized, 10,608,781 shares outstanding at December 31, 2022 and 10,766,967 shares outstanding at December 31, 2021 10,538 10,710
Capital in excess of par value 141,948 147,777
Retained earnings 223,664 201,380
Accumulated other comprehensive loss, net (54,976) (5,075)
Total shareholders' equity 321,174 354,792
Total liabilities and shareholders' equity $ 3,065,902 $ 3,334,597