v3.25.2
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Cash and due from banks:    
Noninterest-bearing $ 26,799 $ 30,284
Interest-bearing 22,685 11,918
Total cash and cash equivalents 49,484 42,202
Interest bearing time deposits with other banks 3,820 3,820
Equity securities 1,768 1,747
Available-for-sale securities 431,649 425,912
Loans held for sale 15,529 9,607
Loans (net of allowance for credit losses: 2025 $22,109 and 2024, $21,699) 2,219,646 2,291,543
Premises and equipment 21,776 21,395
Accrued interest receivable 10,603 10,307
Goodwill 85,758 85,758
Bank owned life insurance 50,770 50,341
Other intangibles 2,530 2,892
Fair value of derivative instruments 8,272 10,370
Deferred tax asset 13,913 15,199
Other assets 51,756 54,631
TOTAL ASSETS 2,967,274 3,025,724
Deposits:    
Noninterest-bearing 499,252 532,776
Interest-bearing 1,793,410 1,849,252
Total deposits 2,292,662 2,382,028
Borrowed funds 313,219 297,721
Accrued interest payable 2,741 4,693
Fair value of derivative instruments - liability 4,701 5,817
Other liabilities 40,298 35,731
TOTAL LIABILITIES 2,653,621 2,725,990
STOCKHOLDERS' EQUITY:    
Preferred Stock $1.00 par value; authorized 3,000,000 shares at June 30, 2025 and December 31, 2024; none issued in 2025 or 2024 0 0
Common stock $1.00 par value; authorized 25,000,000 shares at June 30, 2025 and December 31, 2024, issued 5,255,190 at June 30, 2025 and 5,207,577 at December 31, 2024 5,255 5,208
Additional paid-in capital 147,878 144,984
Retained earnings 197,940 189,443
Accumulated other comprehensive loss (21,026) (23,521)
Treasury stock, at cost: 448,190 shares at June 30, 2025 and 447,965 shares at December 31, 2024 (16,394) (16,380)
TOTAL STOCKHOLDERS' EQUITY 313,653 299,734
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,967,274 $ 3,025,724