v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 23,876 $ 26,373
Interest-bearing bank balances 137,184 123,455
Investment securities available-for-sale 294,109 279,582
Investment securities held-to-maturity, fair value of $188,563 and $196,040 at December 31, 2025 and December 31, 2024, respectively, net of allowance for credit losses-investments 195,116 209,413
Other investments, at cost 2,942 2,679
Loans held-for-sale 10,737 9,662
Loans held-for-investment 1,311,019 1,220,542
Less, allowance for credit losses 13,806 13,135
Net loans held-for-investment 1,297,213 1,207,407
Property and equipment - net 29,342 29,975
Lease right-of-use asset 2,192 2,477
Bank owned life insurance 31,801 30,973
Other real estate owned 168 543
Intangible assets 289 446
Goodwill 14,637 14,637
Other assets 18,126 20,399
Total assets 2,057,732 1,958,021
Deposits:    
Non-interest bearing 467,265 462,717
Interest bearing 1,282,279 1,213,184
Total deposits 1,749,544 1,675,901
Securities sold under agreements to repurchase 107,189 103,110
Junior subordinated debt 14,964 14,964
Lease liability 2,373 2,646
Other liabilities 16,105 16,906
Total liabilities 1,890,175 1,813,527
SHAREHOLDERS’ EQUITY    
Preferred stock, par value $1.00 per share; 10,000,000 shares authorized; none issued and outstanding
Common stock, par value $1.00 per share; 20,000,000 shares authorized; issued and outstanding 7,693,215 at December 31, 2025, and 7,644,424 at December 31, 2024 7,693 7,644
Nonvested restricted stock and stock units 3,065 2,639
Additional paid in capital 94,909 93,834
Retained earnings 80,291 65,836
Accumulated other comprehensive loss (18,401) (25,459)
Total shareholders’ equity 167,557 144,494
Total liabilities and shareholders’ equity $ 2,057,732 $ 1,958,021