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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 19,669 $ 16,796
Interest-bearing deposits at banks 3,798 6,258
Securities:    
Available for sale, at fair value (amortized cost: $330,725 at December 31, 2023; $428,216 at December 31, 2022) 275,680 364,326
Held to maturity, at amortized cost (fair value: $1,988 at December 31, 2023; $6,809 at December 31, 2022) 2,059 6,949
Federal Home Loan Bank common stock, at cost 4,914 10,437
Federal Reserve Bank common stock, at cost 3,097 3,074
Loans, net of allowance for credit losses of $22,114 at December 31, 2023 and $19,438 at December 31, 2022 1,698,832 1,652,931
Properties and equipment, net of accumulated depreciation of $12,538 at December 31, 2023 and $11,596 at December 31, 2022 15,397 16,999
Goodwill 1,768 12,702
Intangible assets 94 1,227
Bank-owned life insurance 42,758 41,826
Operating lease right-of-use asset 3,781 4,392
Other assets 36,816 40,593
TOTAL ASSETS 2,108,663 2,178,510
Deposits:    
Demand 390,238 493,710
NOW 345,279 273,359
Savings 649,621 801,943
Time 333,623 202,667
Total deposits 1,718,761 1,771,679
Securities sold under agreement to repurchase 9,475 7,147
Other borrowings 145,123 193,001
Operating lease liability 4,063 4,723
Other liabilities 21,845 16,892
Subordinated debt 31,177 31,075
Total liabilities 1,930,444 2,024,517
STOCKHOLDERS' EQUITY:    
Common stock, $0.50 par value, 10,000,000 shares authorized; 5,601,308 and 5,544,339 shares issued at December 31, 2023 and December 31, 2022, respectively, and 5,499,772 and 5,437,048 outstanding at December 31, 2023 and December 31, 2022, respectively 2,803 2,775
Capital surplus 82,712 81,031
Treasury stock, at cost, 101,536 and 107,291 shares at December 31, 2023 and December 31, 2022, respectively (3,656) (3,891)
Retained earnings 138,631 123,356
Accumulated other comprehensive loss, net of tax (42,271) (49,278)
Total stockholders' equity 178,219 153,993
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,108,663 $ 2,178,510