v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets:    
Cash and due from banks $ 12,458 $ 10,358
Interest-bearing deposits at other banks 15,811 25,420
Cash and cash equivalents 28,269 35,778
Securities available-for-sale, at fair value (amortized cost of $202,419 and $199,127, respectively) 196,012 193,457
Securities held-to-maturity, at amortized cost (fair value of $29,914 and $30,152, respectively) 32,494 32,544
Equity investments 2,137 2,166
Mortgage loans held for sale 38,960 33,762
Loans and other finance receivables, net of fees and costs 2,181,575 2,170,600
Allowance for credit losses (21,252) (21,573)
Loans and other finance receivables, net of the allowance for credit losses 2,160,323 2,149,027
Restricted investment in bank stock 7,699 7,811
Bank premises and equipment, net 12,298 12,402
Bank owned life insurance 30,959 30,687
Accrued interest receivable 11,015 10,724
OREO and other repossessed assets 6,009 5,997
Deferred income taxes 4,548 4,215
Servicing assets 3,694 3,932
Goodwill 899 899
Intangible assets 2,512 2,563
Other assets 38,753 36,031
Total assets 2,576,581 2,561,995
Deposits:    
Non-interest bearing 243,458 245,377
Interest bearing 1,926,502 1,912,751
Total deposits 2,169,960 2,158,128
Borrowings 120,838 117,338
Subordinated debentures 49,675 49,853
Accrued interest payable 6,620 6,531
Other liabilities 29,263 30,429
Total liabilities 2,376,356 2,362,279
Stockholders’ equity:    
Common stock, $1 par value: $25,000,000 shares authorized; 13,882,361 and 13,829,645 shares issued, respectively, and 11,879,178 and 11,826,462 shares outstanding, respectively 13,882 13,830
Surplus 90,885 90,352
Treasury stock, 2,003,183 shares, at cost (26,079) (26,079)
Unearned common stock held by ESOP (1,232) (1,232)
Retained earnings 128,472 128,124
Accumulated other comprehensive loss (5,703) (5,279)
Total stockholders’ equity 200,225 199,716
Total liabilities and stockholders’ equity $ 2,576,581 $ 2,561,995