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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Cash and due from banks:    
Noninterest-bearing $ 25,811,000 $ 16,729,000
Interest-bearing 29,237,000 88,219,000
Total cash and due from banks 55,048,000 104,948,000
Available-for-sale debt securities, at fair value 498,033,000 517,679,000
Loans receivable 1,740,040,000 1,564,849,000
Allowance for loan losses (16,615,000) (13,537,000)
Loans, net 1,723,425,000 1,551,312,000
Bank-owned life insurance 31,214,000 30,669,000
Accrued interest receivable 8,653,000 7,235,000
Bank premises and equipment, net 21,574,000 20,683,000
Foreclosed assets held for sale 275,000 684,000
Deferred tax asset, net 20,884,000 5,887,000
Goodwill 52,505,000 52,505,000
Core deposit intangibles, net 2,877,000 3,316,000
Other assets 39,819,000 32,730,000
TOTAL ASSETS 2,454,307,000 2,327,648,000
Deposits:    
Noninterest-bearing 563,843,000 521,206,000
Interest-bearing 1,433,750,000 1,403,854,000
Total deposits 1,997,593,000 1,925,060,000
Short-term borrowings 80,062,000 1,803,000
Long-term borrowings - FHLB advances 62,347,000 28,042,000
Senior notes, net 14,765,000 14,701,000
Subordinated debt, net 24,607,000 33,009,000
Accrued interest and other liabilities 25,608,000 23,628,000
TOTAL LIABILITIES 2,204,982,000 2,026,243,000
STOCKHOLDERS' EQUITY    
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued 0 0
Common stock, par value $1.00 per share; authorized 30,000,000 shares; issued 16,030,172 and outstanding 15,518,819 at December 31, 2022; issued 16,030,172 and outstanding 15,759,090 at December 31, 2021 16,030,000 16,030,000
Paid-in capital 143,950,000 144,453,000
Retained earnings 151,743,000 142,612,000
Treasury stock, at cost; 511,353 shares at December 31, 2022 and 271,082 shares at December 31, 2021 (12,520,000) (6,716,000)
Accumulated other comprehensive (loss) income (49,878,000) 5,026,000
TOTAL STOCKHOLDERS' EQUITY 249,325,000 301,405,000
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ 2,454,307,000 $ 2,327,648,000