Consolidated Statements of Condition - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 22,794,000	$ 32,836,000
Available for sale securities, amortized cost of $379,195-2023; $397,926-2022	339,477,000	350,168,000
Held to maturity, amortized cost	150,941,000	195,217,000
Less: Allowance for credit losses on held to maturity securities	30,000	0
Held to maturity securities, net	150,911,000	195,217,000
Other investments	350,000	350,000
Federal Home Loan Bank Stock, at cost	2,334,000	2,175,000
Loans	238,339,000	237,878,000
Less: Allowance for credit losses on loans and leases	3,224,000	3,338,000
Loans, net	235,115,000	234,540,000
Bank premises and equipment, net of accumulated depreciation	19,470,000	18,499,000
Other real estate	0	259,000
Accrued interest receivable	3,520,000	3,274,000
Cash surrender value of life insurance	21,375,000	20,768,000
Intangible asset	538,000	600,000
Other assets	1,854,000	2,953,000
Total assets	797,738,000	861,639,000
Deposits:
Demand, non-interest bearing	174,933,000	198,097,000
Savings and demand, interest bearing	483,662,000	546,565,000
Time, $250,000 or more	7,518,000	8,773,000
Other time deposits	22,377,000	32,345,000
Total deposits	688,490,000	785,780,000
Borrowings from Federal Home Loan Bank	18,500,000	0
Employee and director benefit plans liabilities	19,581,000	19,198,000
Other liabilities	1,884,000	1,467,000
Total liabilities	728,455,000	806,445,000
Shareholders' Equity:
Common stock, $1 par value, 15,000,000 shares authorized, 4,661,686 and 4,678,186 shares issued and outstanding at December 31, 2023 and 2022	4,662,000	4,678,000
Surplus	65,780,000	65,780,000
Undivided profits	37,574,000	31,154,000
Accumulated other comprehensive income (loss)	(38,733,000)	(46,418,000)
Total shareholders' equity	69,283,000	55,194,000
Total liabilities and shareholders' equity	$ 797,738,000	$ 861,639,000