CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 29,882	$ 36,295
Interest bearing deposits in other financial institutions	23,221	27,586
Federal funds sold	31,587	31,230
Cash and cash equivalents	84,690	95,111
Securities available for sale, at fair value	104,652	106,256
Loans held for sale, at fair value	5,190	3,555
Loans, less allowance for credit losses of $7,819 at March 31, 2020 and $7,304 at December 31, 2019	1,007,370	986,684
Accrued interest receivable on loans and investment securities	3,302	3,138
Premises and equipment, at cost, less accumulated depreciation	13,454	13,705
Federal Home Loan Bank stock, at cost	4,959	5,180
Atlantic Central Bankers Bank stock, at cost	131	131
Other investments	2,849	2,838
Bank owned life insurance	7,867	7,817
Other real estate owned	2,417	2,417
Core deposit intangible	3,190	3,373
Goodwill	9,391	9,391
Other assets	12,981	13,074
Total assets	1,262,443	1,252,670
Deposits:
Non interest bearing demand	268,226	261,631
NOW	83,758	76,947
Savings and money market	233,754	222,975
Time, $100,000 or more	276,152	274,387
Other time	158,834	170,841
Deposits, Total	1,020,724	1,006,781
Accrued interest payable on deposits	584	572
Short-term borrowings with the Federal Home Loan Bank	21,200	48,000
Long-term borrowings with the Federal Home Loan Bank	68,466	48,830
Subordinated notes payable	6,500	6,500
Other borrowings	1,113	1,249
Other liabilities	10,284	9,861
Total liabilities	1,128,871	1,121,793
COMMITMENTS, CONTINGENCIES & SUBSEQUENT EVENT
STOCKHOLDERS’ EQUITY
Common stock, par value $.01, authorized 40,000,000 shares, issued and outstanding 17,807,639 as of March 31, 2020 and 17,790,181 as of December 31, 2019	178	178
Surplus	87,538	87,437
Retained earnings	43,746	41,785
Noncontrolling interest in consolidated subsidiaries	709	738
Accumulated other comprehensive income, net of tax	1,401	739
Total stockholders’ equity	133,572	130,877
Total liabilities and stockholders’ equity	$ 1,262,443	$ 1,252,670