CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 2,420	$ 2,605
Interest-bearing deposits in other financial institutions	10,870	13,349
Cash and Cash Equivalents	13,290	15,954
Investment securities available for sale, at fair value	71,486	81,572
Restricted equity securities, at cost	1,437	2,481
Loans, net of deferred fees and costs	284,738	299,120
Less: Allowance for loan losses	(2,066)	(2,541)
Loans, net	282,672	296,579
Real estate acquired through foreclosure	705	705
Premises and equipment, net	3,761	3,106
Bank owned life insurance	8,023	7,860
Deferred tax assets, net	672	1,392
Accrued interest receivable	961	1,198
Accrued taxes receivable	1,221	1,177
Prepaid expenses	406	466
Other assets	308	556
Total Assets	384,942	413,046
LIABILITIES
Noninterest-bearing deposits	107,158	101,369
Interest-bearing deposits	214,282	221,084
Total Deposits	321,440	322,453
Short-term borrowings	25,000	55,000
Defined pension liability	317	285
Accrued expenses and other liabilities	2,505	1,257
Total Liabilities	349,262	378,995
STOCKHOLDERS' EQUITY
Common stock, par value $1, authorized 15,000,000 shares, issued and outstanding 2,827,473 and 2,814,157 shares as of December 31, 2019 and December 31, 2018 , respectively.	2,827	2,814
Additional paid-in capital	10,525	10,401
Retained earnings	22,537	22,066
Accumulated other comprehensive loss	(209)	(1,230)
Total Stockholders' Equity	35,680	34,051
Total Liabilities and Stockholders' Equity	$ 384,942	$ 413,046