v3.25.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets [Abstract]    
Cash and due from banks $ 30,282 $ 63,962
Federal funds sold and other interest-bearing deposits 1,001 697
Cash and cash equivalents 31,283 64,659
Certificates of deposit in other banks 100 100
Securities available for sale, at fair value 121,434 125,713
Securities held to maturity, at amortized cost less allowance for credit losses of $81 and $60 21,328 20,499
Equity security, at fair value 535 518
Restricted stock, at cost 1,190 921
Mortgage loans held for sale 641 157
Loans, less allowance for credit losses of $4,233 and $4,260 615,469 582,993
Premises and equipment, net 7,267 7,349
Accrued interest receivable 2,388 2,439
Deferred income taxes, net 7,120 7,606
Other real estate owned, net 2,758 1,176
Bank owned life insurance 15,535 15,324
Goodwill and other intangibles, net 7,022 7,026
Other assets 8,148 8,163
Total Assets 842,218 844,643
Deposits [Abstract]    
Noninterest-bearing 121,398 107,197
Interest-bearing 627,500 651,609
Total deposits 748,898 758,806
Securities sold under repurchase agreements 4,772 5,564
Federal Home Loan Bank of Atlanta advances 10,000 5,000
Long-term debt, net of issuance costs 10,388 11,329
Accrued interest payable 919 1,003
Total liabilities 6,995 6,669
Total liabilities 781,972 788,371
Stockholders' equity    
Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,175,347 shares in 2025 and 3,166,653 shares in 2024 32 32
Additional paid-in capital 31,299 31,136
Retained earnings 43,976 41,613
Accumulated other comprehensive loss (15,061) (16,509)
Total Stockholders' equity 60,246 56,272
Total liabilities and stockholders' equity $ 842,218 $ 844,643