Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 12,071	$ 12,398
Interest-bearing deposits in banks	34,418	5,210
Total cash and cash equivalents	46,489	17,608
Investments:
Available-for-sale (amortized cost $321,188 and $349,385)	327,325	349,710
Equity securities (cost of $12,246 and $9,053)	9,417	9,164
Restricted investment in stocks	1,000	1,073
Loans held-for-sale	216	977
Loans receivable	821,283	820,616
Allowance for loan losses	(10,334)	(9,887)
Net loans	810,949	810,729
Bank-owned life insurance	11,559	11,490
Premises and equipment, net	16,417	15,608
Accrued interest receivable	3,023	2,828
Net deferred tax assets	1,007	1,441
Other assets	4,608	4,395
Total assets	1,232,010	1,225,023
Deposits
Demand, non-interest bearing	146,143	146,270
Interest-bearing demand	339,049	332,918
Money market	81,564	75,634
Savings	261,690	247,462
Time	115,936	120,917
Time of $100 or more	99,139	114,659
Total deposits	1,043,521	1,037,860
Short-term borrowings	43,265	55,931
Long-term debt	10,000
Accrued interest payable	507	909
Other liabilities	10,104	9,606
Total liabilities	1,107,397	1,104,306
Shareholders' Equity
Common stock, par value $0.625 per share; authorized 10,000,000 shares; 3,672,125 shares and 3,648,649 shares issued; 3,507,556 and 3,484,080 shares outstanding	2,309	2,303
Surplus	21,537	21,261
Retained earnings	98,395	99,372
Accumulated other comprehensive gain, net of tax	4,848	257
Treasury stock, at cost; 164,569 shares	(2,476)	(2,476)
Total shareholders' equity	124,613	120,717
Total liabilities and shareholders' equity	$ 1,232,010	$ 1,225,023