Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Cash and cash equivalents
Cash and due from banks	$ 24,463	$ 19,911
Interest-earning deposits in other banks	39,614	66,509
Total cash and cash equivalents	64,077	86,420
Securities
Available-for-sale, at fair value	140,080	150,069
Held-to-maturity; fair value of $194,730 in 2023 and $211,954 in 2022 ($0 credit loss allowance)	226,279	247,401
Equity securities	259	244
Restricted stock, at cost	1,535	3,430
Total securities	368,153	401,144
Loans held for sale		52
Loans	701,404	627,171
Less allowance for credit losses	6,607	6,838
Net loans	694,797	620,333
Premises and equipment, net	13,002	13,414
Goodwill	4,728	4,728
Bank-owned life insurance	25,410	24,709
Accrued interest receivable and other assets	8,522	8,308
TOTAL ASSETS	1,178,689	1,159,108
Deposits
Noninterest-bearing	301,697	350,283
Interest-bearing	725,730	673,134
Total deposits	1,027,427	1,023,417
Short-term borrowings	35,843	32,550
Other borrowings	1,754	2,461
Allowance for credit losses on off-balance sheet commitments	736
Accrued interest payable and other liabilities	4,990	4,760
Total liabilities	1,070,750	1,063,188
SHAREHOLDERS’ EQUITY
Common stock, $6.25 par value. Authorized 9,000,000 shares; issued 2,980,602 shares; and outstanding 2,669,938 shares in 2023 and 2,707,576 in 2022	18,629	18,629
Additional paid-in capital	9,815	9,815
Retained earnings	97,297	86,502
Treasury stock at cost: 310,664 shares in 2023, 273,026 shares in 2022	(7,532)	(6,107)
Accumulated other comprehensive loss	(10,270)	(12,919)
Total shareholders’ equity	107,939	95,920
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,178,689	$ 1,159,108