v3.25.2
Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Cash and cash equivalents    
Cash and demand deposits due from banks $ 34,246 $ 22,830
Interest bearing balances due from banks 74,308 1,712
Total cash and cash equivalents 108,554 24,542
Debt Securities, Available-for-sale 500,560 489,029
Federal Home Loan Bank Stock 5,600 12,762
Loans Receivable Held-for-sale, Amount 55 242
Loans    
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss 1,397,513 1,423,571
Less allowance for loan losses 12,977 12,895
Net loans 1,384,536 1,410,676
Premises and equipment 28,171 27,659
Corporate owned life insurance 45,774 34,882
Goodwill and other intangible assets 48,282 48,283
Interest Receivable and Other Assets 34,636 38,166
TOTAL ASSETS 2,156,168 2,086,241
Deposits    
Noninterest bearing 493,477 416,373
Interest-Bearing Domestic Deposit, Demand 223,376 237,548
Deposits, Money Market Deposits 446,845 423,883
Deposits, Savings Deposits 289,746 281,665
Time Deposits 395,932 387,591
Total deposits 1,849,376 1,747,060
Debt Instruments [Abstract]    
Federal Funds Purchased and Securities Sold under Agreements to Repurchase 43,208 53,567
Advance from Federal Home Loan Bank 0 30,000
Subordinated Debt 29,469 29,424
Borrowed funds 72,677 112,991
Other Liabilities 13,615 15,914
Total liabilities 1,935,668 1,875,965
Shareholders' equity    
Common stock — no par value 15,000,000 shares authorized 124,607 126,224
Shares to be issued for deferred compensation obligations 2,331 2,383
Retained earnings 107,949 103,024
Accumulated other comprehensive income (14,387) (21,355)
Total shareholders' equity 220,500 210,276
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,156,168 $ 2,086,241