Consolidated Statement of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 146,673	$ 48,512
Interest bearing deposits in banks	2,759	1,467
Cash and cash equivalents	149,432	49,979
Investment securities – available for sale (at fair value)	226,885	131,305
Investment securities – held to maturity (fair value of $77,612 at December 31, 2020 and $100,656 at December 31, 2019)	68,263	93,979
Restricted investment in bank stock, at cost	4,468	4,415
Loans held for sale (at fair value)	3,546	1,749
Loans	1,167,812	1,050,369
Unearned fees	(1,730)	(687)
Allowance for loan losses	(16,486)	(12,537)
Net loans	1,149,596	1,037,145
Premises and equipment, net	36,863	38,710
Goodwill	11,004	11,004
Bank owned life insurance	43,974	43,449
Deferred tax assets	7,972	7,441
Other real estate owned	9,386	4,127
Operating lease asset	2,408	2,661
Accrued interest receivable and other assets	19,617	16,063
Total Assets	1,733,414	1,442,027
Liabilities:
Non-interest bearing deposits	420,427	294,649
Interest bearing deposits	1,001,939	847,382
Total deposits	1,422,366	1,142,031
Short-term borrowings	49,160	48,728
Long-term borrowings	100,929	100,929
Operating lease liability	2,958	3,239
Accrued interest payable and other liabilities	26,044	20,235
Dividends payable	910	925
Total Liabilities	1,602,367	1,316,087
Shareholders' Equity:
Common Stock – par value $.01 per share; Authorized 25,000,000 shares; issued and outstanding 6,992,911 shares at December 31, 2020 and 7,110,022 shares at December 31, 2019	70	71
Surplus	30,149	32,359
Retained earnings	129,691	119,481
Accumulated other comprehensive loss	(28,863)	(25,971)
Total Shareholders' Equity	131,047	125,940
Total Liabilities and Shareholders' Equity	$ 1,733,414	$ 1,442,027