v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 28,538 $ 23,287
Federal funds sold 55,937 50,022
Total cash and cash equivalents 84,475 73,309
Securities held-to-maturity, at amortized cost (fair value of $3,315 and $3,170 as of December 31, 2025 and 2024, respectively) 3,590 3,606
Securities available-for-sale, at fair value 214,128 187,916
Restricted stock, at cost 1,828 1,821
Loans, net of allowance for credit losses of $6,450 as of December 31, 2025 and $7,044 as of December 31, 2024 661,357 636,552
Loans held for sale 3,472 3,616
Premises and equipment, net 19,132 19,313
Interest receivable 3,380 3,065
Cash value - bank owned life insurance 23,676 22,907
Customer relationship intangible 6,164 6,725
Goodwill 2,054 2,054
Other assets 15,768 18,360
Total assets 1,039,024 979,244
Deposits    
Noninterest bearing demand 131,456 129,692
NOW, money market and savings 570,345 522,208
Time 235,328 230,504
Total deposits 937,129 882,404
Capital notes, net   10,048
Other borrowings 8,796 9,300
Interest payable 1,167 722
Other liabilities 11,884 11,905
Total liabilities 958,976 914,379
Stockholders’ equity    
Common stock $2.14 par value; authorized 10,000,000 shares; issued and outstanding 4,543,338 as of December 31, 2025 and December 31, 2024 9,723 9,723
Additional paid-in-capital 35,253 35,253
Retained earnings 50,009 42,804
Accumulated other comprehensive loss (14,937) (22,915)
Total stockholders’ equity 80,048 64,865
Total liabilities and stockholders’ equity $ 1,039,024 $ 979,244