v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 23,976 $ 22,446
Short-term interest-earning deposits in other banks 186,801 105,275
Total cash and cash equivalents 210,777 127,721
Long-term interest-earning deposits in other banks 750 999
Debt securities available for sale, at fair value 436,483 454,586
Restricted stock 8,897 8,897
Loans held for sale 1,850 18,929
Loans 1,572,426 1,561,238
Allowance for credit losses (20,729) (20,655)
Net Loans 1,551,697 1,540,583
Premises and equipment, net 26,739 27,138
Right of use asset 4,199 3,657
Bank owned life insurance 22,384 23,207
Goodwill 9,016 9,016
Deferred tax asset, net 8,328 7,881
Other assets 16,398 16,404
Total assets 2,297,518 2,239,018
Deposits    
Noninterest-bearing checking 331,658 310,251
Money management, savings, and interest checking 1,319,494 1,301,198
Time 238,558 224,323
Total deposits 1,889,710 1,835,772
Federal Home Loan Bank advances 200,000 200,000
Subordinate notes 10,850 10,845
Lease liability 4,392 3,840
Other liabilities 13,822 13,319
Total liabilities 2,118,774 2,063,776
Commitments and contingent liabilities (see Note 16)
Shareholders' equity    
Common stock, $1 par value per share,15,000,000 shares authorized with 4,710,972 shares issued and 4,493,002 shares outstanding at March 31, 2026 and 4,710,972 shares issued and 4,481,149 shares outstanding at December 31, 2025 4,711 4,711
Capital stock no par value, 5,000,000 shares authorized with no shares issued and outstanding
Additional paid-in capital 43,776 43,932
Retained earnings 160,001 154,844
Accumulated other comprehensive loss (23,265) (21,589)
Treasury stock, 217,970 shares at March 31, 2026 and 229,823 shares at December 31, 2025, at cost (6,479) (6,656)
Total shareholders' equity 178,744 175,242
Total liabilities and shareholders' equity $ 2,297,518 $ 2,239,018