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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 56,397 $ 51,404
Federal funds sold 4,439 2,405
Cash and cash equivalents 60,836 53,809
Investment securities available for sale, at fair value 170,779 164,967
Other investments 955 915
Loans:    
Outstanding balance 1,478,130 1,352,872
Less: allowance for credit losses 21,693 14,438
Net loans 1,456,437 1,338,434
Premises and equipment, net 21,339 21,961
Goodwill 36,356 31,735
Core deposit intangibles 6,642 7,701
Bank-owned life insurance 34,349 33,811
Other real estate owned 0 5,821
Accrued interest receivable and other assets 35,190 28,528
TOTAL ASSETS 1,822,883 1,687,682
LIABILITIES    
Noninterest-bearing demand 401,384 503,907
Interest-bearing demand 205,582 164,677
Money market 274,682 187,498
Savings 210,639 307,917
Time 334,315 238,020
Total deposits 1,426,602 1,402,019
Federal Home Loan Bank advances 163,000 65,000
Other borrowings 11,862 12,059
Accrued interest payable and other liabilities 15,738 10,913
TOTAL LIABILITIES 1,617,202 1,489,991
STOCKHOLDERS' EQUITY    
Common stock, no par value; 25,000,000 shares authorized, 9,930,704 and 9,916,466 shares issued; 8,095,252 and 8,245,235 shares outstanding 161,388 161,029
Retained earnings 100,237 94,154
Accumulated other comprehensive loss (16,090) (22,144)
Treasury stock, at cost; 1,835,452 and 1,671,231 shares (39,854) (35,348)
TOTAL STOCKHOLDERS' EQUITY 205,681 197,691
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 1,822,883 1,687,682
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member]    
Loans:    
Outstanding balance 183,545 191,748
Less: allowance for credit losses 2,668 2,203
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member]    
Loans:    
Outstanding balance 401,580 380,580
Less: allowance for credit losses 4,480 5,597
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member]    
Loans:    
Outstanding balance 82,506 58,251
Less: allowance for credit losses 1,796 662
Residential Portfolio Segment [Member]    
Loans:    
Outstanding balance 328,854 296,308
Less: allowance for credit losses 5,450 2,047
Commercial And Industrial [Member]    
Loans:    
Outstanding balance 221,508 195,602
Less: allowance for credit losses 4,377 1,483
Home Equity Lines of Credit [Member]    
Loans:    
Outstanding balance 127,818 128,065
Less: allowance for credit losses 750 1,753
Construction and Other [Member]    
Loans:    
Outstanding balance 125,105 94,199
Less: allowance for credit losses 1,990 609
Consumer Portfolio Segment [Member]    
Loans:    
Outstanding balance 7,214 8,119
Less: allowance for credit losses $ 182 $ 84