Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 15,418	$ 15,417
Interest-bearing deposits with other institutions	162,187	96,649
Federal funds sold	3,586	26,287
Total cash and cash equivalents	181,191	138,353
Securities available for sale, at fair value, amortized cost of $148,327 and $160,251, respectively	130,051	137,443
Restricted investments, at cost	9,967	9,568
Loans held for sale	3,657	1,661
Loans	1,483,328	1,462,686
Allowance for credit losses	(15,303)	(14,493)
Net Loans	1,468,025	1,448,193
Bank premises and equipment, net	18,101	18,108
Bank owned life insurance	30,361	29,575
Other assets	40,348	42,696
Total assets	1,881,701	1,825,597
Deposits:
Noninterest bearing demand deposits	413,615	436,619
Savings and interest bearing demand deposits	655,601	656,439
Time deposits	476,720	413,264
Total deposits	1,545,936	1,506,322
Federal funds purchased	244	0
Federal Home Loan Bank advances, short-term	0	20,000
Federal Home Loan Bank advances, long-term	170,000	145,000
Subordinated debt, net of unamortized issuance costs	29,495	29,444
Other liabilities	18,182	16,452
Total liabilities	1,763,857	1,717,218
Commitments and contingencies
Shareholders’ Equity
Preferred stock, $10 par value; 500,000 shares authorized and unissued	0	0
Common stock, $2.50 par value; authorized 10,000,000 shares; issued and outstanding 2024, 3,549,580 including 64,043 shares of unvested restricted stock; issued and outstanding 2023, 3,520,894 including 56,914 shares of unvested restricted stock	8,714	8,660
Surplus	14,633	14,280
Retained earnings	108,927	103,445
Accumulated other comprehensive loss	(14,430)	(18,006)
Total shareholders’ equity	117,844	108,379
Total liabilities and shareholders’ equity	$ 1,881,701	$ 1,825,597