v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
A S S E T S    
Cash and due from banks $ 45,436 $ 42,418
Federal funds sold 2,000 2,558
Cash and cash equivalents 47,436 44,976
Debt securities available-for-sale, at fair value (amortized cost $160,754 and $158,009, respectively) 148,152 143,735
Federal Home Loan Bank stock, at cost 3,977 3,420
Mortgage loans held for sale 22,683 9,011
Loans, net of allowance for credit losses of $14,665 and $14,444, respectively 1,264,434 1,261,965
Bank-owned life insurance 20,550 20,269
Foreclosed assets, net 101 920
Bank premises and equipment, net 24,880 25,344
Goodwill and other intangibles 8,689 8,700
Accrued interest receivable 8,031 7,474
Other assets 14,010 13,470
Total assets 1,562,943 1,539,284
Deposits:    
Noninterest-bearing 170,359 176,978
Interest-bearing 1,098,417 1,096,318
Total deposits 1,268,776 1,273,296
Federal Home Loan Bank advances and other borrowings 86,917 67,917
Securities sold under agreements to repurchase 26,199 22,679
Dividends payable 610 611
Accrued interest payable and other liabilities 21,577 21,753
Subordinated debt, net of debt issuance costs of $154 and $166, respectively 9,846 9,834
Total liabilities 1,413,925 1,396,090
Stockholders’ equity:    
Common stock, $1 par value; 5,000,000 shares authorized; 2,389,343 and 2,394,193 shares issued and outstanding, respectively 2,389 2,394
Additional paid-in-capital 20,980 21,212
Retained earnings 134,660 129,793
Accumulated other comprehensive loss (9,011) (10,205)
Total stockholders’ equity 149,018 143,194
Total liabilities and stockholders’ equity $ 1,562,943 $ 1,539,284