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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 14,908 $ 12,967
Interest-bearing deposits 80,477 73,636
Federal Funds sold 3,499 0
Total cash and cash equivalents 98,884 86,603
Securities available for sale, at fair value 605,196 618,601
Restricted stock, at cost 1,752 1,264
Mortgage loans held for sale 125 406
Loans:    
Loans, net of unearned income and deferred fees and costs 989,367 856,646
Less allowance for credit losses (10,502) (9,094)
Total loans, net 978,865 847,552
Premises and equipment, net 15,468 11,109
Accrued interest receivable 6,615 6,313
Goodwill, net 10,733 5,848
Core deposit intangible, net 2,065 0
Bank-owned life insurance 46,775 43,583
Other assets 42,738 34,091
Total assets 1,809,216 1,655,370
Liabilities and Stockholders' Equity    
Noninterest-bearing demand deposits 296,242 281,215
Interest-bearing demand deposits 867,899 821,661
Savings deposits 176,852 177,856
Time deposits 304,059 223,240
Total deposits 1,645,052 1,503,972
Accrued interest payable 2,525 1,416
Other liabilities 12,676 9,460
Total liabilities 1,660,253 1,514,848
Commitments and contingencies
Stockholders' Equity    
Preferred stock, no par value, 5,000,000 shares authorized; none issued and outstanding 0 0
Common stock of $1.25 par value and additional paid in capital. Authorized 10,000,000 shares; issued and outstanding 6,361,433 (including 4,839 unvested) shares at June 30, 2024 and 5,893,782 (including 4,095 unvested) shares at December 31, 2023 21,768 7,404
Retained earnings 195,549 197,984
Accumulated other comprehensive loss, net (68,354) (64,866)
Total stockholders' equity 148,963 140,522
Total liabilities and stockholders' equity $ 1,809,216 $ 1,655,370