Consolidated Statements of Condition - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 29,424,000	$ 17,191,000
Available for sale securities	196,311,000	222,110,000
Held to maturity securities, fair value of $53,130 - 2019; $53,459 - 2018	52,231,000	54,598,000
Other investments	2,643,000	2,811,000
Federal Home Loan Bank Stock, at cost	2,129,000	2,069,000
Loans	268,949,000	273,346,000
Less: Allowance for loan losses	4,207,000	5,340,000
Loans, net	264,742,000	268,006,000
Bank premises and equipment, net of accumulated depreciation	17,421,000	18,879,000
Other real estate	7,453,000	8,943,000
Accrued interest receivable	1,687,000	1,956,000
Cash surrender value of life insurance	19,381,000	18,841,000
Other assets	1,280,000	1,382,000
Total assets	594,702,000	616,786,000
Deposits:
Demand, non-interest bearing	122,592,000	114,512,000
Savings and demand, interest bearing	263,153,000	278,772,000
Time, $100,000 or more	64,492,000	52,787,000
Other time deposits	25,906,000	27,435,000
Total deposits	476,143,000	473,506,000
Borrowings from Federal Home Loan Bank	3,526,319	36,142,000
Employee and director benefit plans liabilities	18,361,000	18,415,000
Other liabilities	1,549,000	1,789,000
Total liabilities	499,579,000	529,852,000
Shareholders' Equity:
Common stock, $1 par value, 15,000,000 shares authorized, 4,943,186 shares issued and outstanding at December 31, 2019 and 2018	4,943,000	4,943,000
Surplus	65,780,000	65,780,000
Undivided profits	21,855,000	20,324,000
Accumulated other comprehensive income (loss)	2,545,000	(4,113,000)
Total shareholders' equity	95,123,000	86,934,000
Total liabilities and shareholders' equity	$ 594,702,000	$ 616,786,000