Consolidated Statements of Condition - USD ($)	Dec. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 107,744,000	$ 22,794,000
Available for sale securities, amortized cost of $345,867 at December 31, 2024; $379,195 at December 31, 2023	308,648,000	339,477,000
Held to maturity securities, fair value of $111,112 at December 31, 2024; $138,523 at December 31, 2023	123,196,000	150,941,000
Less: Allowance for credit losses on held to maturity securities	40,000	30,000
Held to maturity securities, net	123,156,000	150,911,000
Other investments	350,000	350,000
Federal Home Loan Bank Stock, at cost	608,000	2,334,000
Loans	233,576,000	238,339,000
Less: Allowance for credit losses	2,982,000	3,224,000
Loans, net	230,594,000	235,115,000
Bank premises and equipment, net of accumulated depreciation	18,712,000	19,470,000
Other real estate	9,000	0
Accrued interest receivable	3,516,000	3,520,000
Cash surrender value of life insurance	22,026,000	21,375,000
Intangible asset	476,000	538,000
Other assets	16,010,000	1,854,000
Total assets	831,849,000	797,738,000
Deposits:
Demand, non-interest bearing	235,183,000	174,933,000
Savings and demand, interest bearing	434,680,000	483,662,000
Time, $250,000 or more	20,563,000	7,518,000
Other time deposits	30,304,000	22,377,000
Total deposits	720,730,000	688,490,000
Advances from Federal Home Loan Bank	0	18,500,000
Employee and director benefit plans liabilities	19,201,000	19,581,000
Other liabilities	1,917,000	1,884,000
Total liabilities	741,848,000	728,455,000
Shareholders' Equity:
Common stock, $1 par value, 15,000,000 shares authorized, 4,617,466 and 4,661,686 shares issued and outstanding at December 31, 2024 and December 31, 2023	4,617,000	4,662,000
Surplus	65,780,000	65,780,000
Undivided profits	56,491,000	37,574,000
Accumulated other comprehensive loss	(36,887,000)	(38,733,000)
Total shareholders' equity	90,001,000	69,283,000
Total liabilities and shareholders' equity	$ 831,849,000	$ 797,738,000