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Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 27,779,000 $ 27,636,000
Interest-bearing deposits in other banks 4,124,000 22,100,000
Securities available for sale 264,480,000 274,680,000
Securities to be held to maturity (net of ACL), fair value of $315,482,000 at December 31, 2025, and $314,993,000 at December 31, 2024 355,928,000 369,704,000
Restricted equity securities, at cost 8,275,000 7,203,000
Loans 2,394,109,000 2,340,940,000
Less allowance for credit losses 25,365,000 24,871,000
Net loans 2,368,744,000 2,316,069,000
Accrued interest receivable 14,185,000 13,976,000
Premises and equipment, net 28,767,000 27,855,000
Other real estate owned 0 173,000
Goodwill 30,646,000 30,646,000
Other assets 63,375,000 66,968,000
Total assets 3,166,303,000 3,157,010,000
Liabilities    
Demand deposits 279,912,000 292,255,000
NOW deposits 689,083,000 676,107,000
Money market deposits 469,689,000 376,627,000
Savings deposits 248,805,000 265,451,000
Certificates of deposit 977,263,000 1,114,811,000
Total deposits 2,664,752,000 2,725,251,000
Borrowed funds – short term 92,321,000 51,278,000
Borrowed funds – long term 95,500,000 95,000,000
Other liabilities 30,587,000 32,988,000
Total liabilities 2,883,160,000 2,904,517,000
Commitments and contingent liabilities
Shareholders' equity    
Common stock, one cent par value per share 112,000 112,000
Additional paid-in capital 73,714,000 71,832,000
Retained earnings 240,456,000 222,823,000
Accumulated other comprehensive income (loss)    
Net unrealized loss on securities available for sale (31,341,000) (42,671,000)
Net unrealized loss on securities transferred from available for sale to held to maturity (38,000) (47,000)
Net unrealized gain on cash flow hedging derivative instruments 0 157,000
Net unrealized gain on postretirement costs 240,000 287,000
Total shareholders' equity 283,143,000 252,493,000
Total liabilities and shareholders' equity $ 3,166,303,000 $ 3,157,010,000
Common stock    
Number of shares authorized (in shares) 18,000,000 18,000,000
Number of shares issued (in shares) 11,222,363 11,155,528
Number of shares outstanding (in shares) 11,222,363 11,155,528
Book value per common share (usd per share) $ 25.23 $ 22.63
Tangible book value per common share (usd per share) $ 22.49 $ 19.87