v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 17,632 $ 12,900
Interest-bearing deposits in banks 38,971 37,397
Total cash and cash equivalents 56,603 50,297
Investments:    
Available-for-sale (amortized cost $587,940 and $602,047) [1] 528,007 542,830
Restricted investment in stocks 7,427 6,663
Loans held-for-sale 1,199 246
Loans receivable 1,282,773 1,262,074
Allowance for credit losses on loans (9,531) (9,215)
Loans receivable, net 1,273,242 1,252,859
Bank-owned life insurance 12,367 12,275
Premises and equipment, net 17,947 16,886
Accrued interest receivable 4,850 4,839
Net deferred tax assets 13,963 13,993
Other assets 7,518 5,117
Total assets 1,923,123 1,906,005
Deposits    
Demand, non-interest bearing 187,580 189,957
Interest-bearing demand 549,725 534,854
Money market 258,917 260,742
Savings 290,838 281,161
Time less than $100 161,443 167,010
Time $100 through $250 148,073 149,750
Time greater than $250 56,855 59,037
Total deposits 1,653,431 1,642,511
Short-term borrowings 86,806 80,601
Subordinated debt 39,318 39,268
Accrued interest payable 3,593 5,050
Other liabilities 8,591 9,012
Total liabilities 1,791,739 1,776,442
Shareholders' Equity    
Common stock, par value $0.625 per share;authorized 10,000,000 shares; 3,992,913 shares and 3,947,561 shares issued; 3,784,227 and 3,738,875 shares outstanding 2,496 2,467
Surplus 30,268 29,206
Retained earnings 149,689 148,397
Accumulated other comprehensive loss, net of tax (47,032) (46,470)
Treasury stock, at cost; 208,686 and 208,686 shares (4,037) (4,037)
Total shareholders' equity 131,384 129,563
Total liabilities and shareholders' equity $ 1,923,123 $ 1,906,005
[1] Includes derivatives designated as fair value hedges.