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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 15,990 $ 12,967
Interest-bearing deposits 33,707 73,636
Federal funds sold 73 0
Total cash and cash equivalents 49,770 86,603
Securities available for sale, at fair value 622,271 618,601
Restricted stock, at cost 1,849 1,264
Mortgage loans held for sale 457 406
Loans:    
Loans, net of unearned income and deferred fees and costs 1,001,659 856,646
Less allowance for credit losses (10,328) (9,094)
Total loans, net 991,331 847,552
Premises and equipment, net 16,165 11,109
Accrued interest receivable 6,648 6,313
Goodwill, net 10,718 5,848
Core deposit intangible, net 1,963 0
Bank-owned life insurance 47,071 43,583
Other assets 36,790 34,091
Total assets 1,785,033 1,655,370
Liabilities and Stockholders' Equity    
Noninterest-bearing demand deposits 296,469 281,215
Interest-bearing demand deposits 819,947 821,661
Savings deposits 176,460 177,856
Time deposits 310,077 223,240
Total deposits 1,602,953 1,503,972
Accrued interest payable 2,074 1,416
Other liabilities 12,224 9,460
Total liabilities 1,617,251 1,514,848
Commitments and contingencies
Stockholders' Equity    
Preferred stock, no par value, 5,000,000 shares authorized; none issued and outstanding
Common stock of $1.25 par value and additional paid in capital. Authorized 10,000,000 shares; issued and outstanding 6,360,973 (including 4,379 unvested) shares at September 30, 2024 and 5,893,782 (including 4,095 unvested) shares at December 31, 2023 21,796 7,404
Retained earnings 198,225 197,984
Accumulated other comprehensive loss, net (52,239) (64,866)
Total stockholders' equity 167,782 140,522
Total liabilities and stockholders' equity $ 1,785,033 $ 1,655,370