Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 43,635	$ 48,343
Interest bearing deposits in banks	1,457	1,410
Cash and cash equivalents	45,092	49,753
Investment securities - available for sale (at fair value)	92,954	97,169
Investment securities - held to maturity, net of allowance for credit losses of $45 at June 30, 2024 and December 31, 2023 (fair value $143,030 at June 30, 2024 and $184,415 at December 31, 2023)	174,197	214,297
Restricted investment in bank stock, at cost	3,395	5,250
Loans held for sale	447	443
Loans	1,422,975	1,406,667
Unearned fees	(306)	(340)
Allowance for credit losses	(17,923)	(17,480)
Net loans	1,404,746	1,388,847
Premises and equipment, net	29,688	31,459
Goodwill and other intangibles	11,938	12,103
Bank owned life insurance	48,267	47,607
Deferred tax assets	11,214	11,133
Other real estate owned, net	2,978	4,493
Right of use assets	1,230	1,367
Pension asset	12,850	11,208
Accrued interest receivable	7,115	7,487
Other assets	22,488	23,244
Total Assets	1,868,599	1,905,860
Liabilities:
Non-interest bearing deposits	423,970	427,670
Interest bearing deposits	1,113,101	1,123,307
Total deposits	1,537,071	1,550,977
Short-term borrowings	62,564	45,418
Long-term borrowings	70,929	110,929
Operating lease liability	1,412	1,556
SERP deferred compensation	9,979	9,777
Allowance for credit losses on off-balance sheet credit exposures	801	873
Accrued interest payable	1,352	612
Other liabilities	19,021	22,515
Dividends payable	1,293	1,330
Total Liabilities	1,704,422	1,743,987
Shareholders' Equity:
Common Stock - par value $0.01 per share; Authorized 25,000,000 shares; issued and outstanding 6,465,601 shares at June 30, 2024 and 6,639,888 at December 31, 2023	65	66
Surplus	20,280	23,734
Retained earnings	179,892	173,900
Accumulated other comprehensive loss	(36,060)	(35,827)
Total Shareholders' Equity	164,177	161,873
Total Liabilities and Shareholders' Equity	$ 1,868,599	$ 1,905,860