v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 155,553,000 $ 203,099,000
Federal funds sold 46,050,000 29,080,000
Cash and cash equivalents 201,603,000 232,179,000
Securities - available for sale 555,047,000 543,532,000
Securities - equity investments 3,434,000 3,424,000
Loans, net of allowance for credit losses of $12,910 and $12,381 at March 31, 2026 and December 31, 2025, respectively 1,132,713,000 1,129,606,000
Cash surrender value of life insurance 39,203,000 36,899,000
Bank premises and equipment, net 18,868,000 19,047,000
Goodwill and other intangible assets, net 3,313,000 3,313,000
Deferred tax asset 15,227,000 13,578,000
Interest receivable and other assets 40,891,000 41,538,000
Assets 2,010,299,000 2,023,116,000
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Deposits 1,780,996,000 1,792,962,000
Interest payable and other liabilities 23,149,000 22,179,000
Total liabilities 1,804,145,000 1,815,141,000
Shareholders’ equity    
Common stock, no par value; 50,000,000 shares authorized, 8,413,458 and 8,388,221 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 25,435,000 25,435,000
Additional paid-in capital 6,762,000 6,819,000
Retained earnings 196,556,000 194,393,000
Accumulated other comprehensive loss, net of tax (22,599,000) (18,672,000)
Total shareholders’ equity 206,154,000 207,975,000
Liabilities and Equity $ 2,010,299,000 $ 2,023,116,000