Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 13,751	$ 14,536
Interest-bearing deposits with other institutions	73,214	49,304
Federal funds sold	8,945	228
Total cash and cash equivalents	95,910	64,068
Securities available for sale, at fair value	193,355	192,321
Restricted investments	1,199	1,049
Loans held for sale	843	876
Loans	1,021,459	985,720
Allowance for loan losses	(9,315)	(8,787)
Net Loans	1,012,144	976,933
Bank premises and equipment, net	18,333	18,249
Bank owned life insurance	23,415	23,236
Other assets	29,096	26,306
Total assets	1,374,295	1,303,038
Deposits:
Noninterest bearing demand deposits	489,426	470,355
Savings and interest bearing demand deposits	619,224	583,296
Time deposits	122,673	123,584
Total deposits	1,231,323	1,177,235
Subordinated debt, net of unamortized issuance costs	29,327
Other liabilities	11,542	15,523
Total liabilities	1,272,192	1,192,758
Commitments and contingencies
Shareholders’ Equity
Preferred stock, $10 par value; 500,000 shares authorized and unissued
Common stock, $2.50 par value; authorized 10,000,000 shares; issued and outstanding 2022, 3,477,020 including 42,791 shares of unvested restricted stock; issued and outstanding 2021, 3,454,128 including 31,738 shares of unvested restricted stock	8,586	8,556
Surplus	12,260	12,115
Retained earnings	92,040	89,764
Accumulated other comprehensive (loss)	(10,783)	(155)
Total shareholders’ equity	102,103	110,280
Total liabilities and shareholders’ equity	$ 1,374,295	$ 1,303,038