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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 14,394 $ 9,856
Interest-bearing deposits at banks 6,813 234,929
Securities:    
Available for sale, at fair value (amortized cost: $433,206 at September 30, 2022; $310,228 at December 31, 2021) 369,141 305,959
Held to maturity, at amortized cost (fair value: $7,413 at September 30, 2022; $3,179 at December 31, 2021) 7,572 3,165
Federal Home Loan Bank common stock, at cost 3,664 3,045
Federal Reserve Bank common stock, at cost 3,066 3,039
Loans, net of allowance for loan losses of $18,630 at September 30, 2022 and $18,438 at December 31, 2021 1,607,827 1,553,467
Properties and equipment, net of accumulated depreciation of $11,224 at September 30, 2022 and $10,283 at December 31, 2021 17,103 17,789
Goodwill 12,702 12,702
Intangible assets 1,327 1,627
Bank-owned life insurance 41,605 34,295
Operating lease right-of-use asset 4,127 4,826
Other assets 40,364 25,941
TOTAL ASSETS 2,129,705 2,210,640
Deposits:    
Demand 558,805 492,864
NOW 263,648 259,908
Savings 913,383 1,019,925
Time 137,910 164,340
Total deposits 1,873,746 1,937,037
Securities sold under agreement to repurchase 9,812 4,112
Other borrowings 42,594 32,879
Operating lease liability 4,471 5,210
Other liabilities 18,181 16,536
Subordinated debt 31,050 30,974
Total liabilities 1,979,854 2,026,748
STOCKHOLDERS' EQUITY:    
Common stock, $0.50 par value, 10,000,000 shares authorized; 5,534,477 and 5,482,756 shares issued at September 30, 2022 and December 31, 2021, respectively, and 5,509,917 and 5,482,756 shares outstanding at September 30, 2022 and December 31, 2021, respectively. 2,770 2,744
Capital surplus 80,435 78,795
Treasury stock, at cost, 24,560 and 0 shares at September 30, 2022 and December 31, 2021, respectively (849)  
Retained earnings 117,319 108,024
Accumulated other comprehensive income (loss), net of tax (49,824) (5,671)
Total stockholders' equity 149,851 183,892
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,129,705 $ 2,210,640