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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 12,403 $ 8,768
Interest-bearing deposits 59,026 130,021
Securities available for sale, at fair value 656,852 686,080
Restricted stock, at cost 941 845
Mortgage loans held for sale 0 615
Loans:    
Gross loans 853,193 803,729
Less unearned income and deferred fees and costs (449) (481)
Loans, net of unearned income and deferred fees and costs 852,744 803,248
Less allowance for loan losses (8,225) (7,674)
Loans, net 844,519 795,574
Premises and equipment, net 10,371 9,722
Accrued interest receivable 6,001 5,104
Other real estate owned, net 662 957
Goodwill 5,848 5,848
Bank-owned life insurance (BOLI) 43,312 42,354
Other assets 37,616 16,287
Total assets 1,677,551 1,702,175
Liabilities and Stockholders’ Equity    
Noninterest-bearing demand deposits 327,713 317,430
Interest-bearing demand deposits 933,269 890,124
Savings deposits 214,114 208,065
Time deposits 67,629 78,968
Total deposits 1,542,725 1,494,587
Accrued interest payable 106 48
Other liabilities 12,033 15,789
Total liabilities 1,554,864 1,510,424
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, no par value, 5,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $1.25 par value. Authorized 10,000,000 shares; issued and outstanding, 5,889,687 shares at December 31, 2022 and 6,063,937 at December 31, 2021 7,362 7,580
Retained earnings 199,091 188,229
Accumulated other comprehensive loss, net (83,766) (4,058)
Total stockholders’ equity 122,687 191,751
Total liabilities and stockholders’ equity 1,677,551 1,702,175
Real Estate Construction Portfolio Segment[Member]    
Loans:    
Gross loans 54,579 48,841
Less allowance for loan losses (450) (422)
Consumer Real Estate Portfolio Segment [Member]    
Loans:    
Gross loans 221,052 208,977
Less allowance for loan losses (2,199) (1,930)
Commercial Real Estate Portfolio Segment [Member]    
Loans:    
Gross loans 437,888 405,722
Less allowance for loan losses (3,642) (3,121)
Commercial Non Real Estate Segment [Member]    
Loans:    
Gross loans 57,652 60,264
Less allowance for loan losses (930) (1,099)
Public Sector and IDA Portfolio Segment[Member]    
Loans:    
Gross loans 48,074 47,899
Less allowance for loan losses (319) (297)
Consumer Non Real Estate Portfolio Segment [Member]    
Loans:    
Gross loans 33,948 32,026
Less allowance for loan losses $ (506) $ (444)