v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 22,624 $ 20,836
Interest-bearing deposits in banks 165,185 140,074
Cash and cash equivalents 187,809 160,910
Securities available for sale, at fair value 217,655 217,538
Securities held to maturity, at amortized cost (net of allowance for credit losses, 2026, $68; 2025, $83) 101,261 102,872
Restricted securities, at cost 5,642 5,624
Loans, net of allowance for credit losses, 2026, $14,698; 2025, $14,719 1,449,708 1,435,026
Premises and equipment, net 34,327 34,561
Accrued interest receivable 6,656 6,467
Bank owned life insurance 38,837 38,577
Goodwill 3,030 3,030
Core deposit intangibles, net 12,785 13,219
Other assets 18,113 20,154
Total assets 2,075,823 2,037,978
Liabilities    
Noninterest-bearing demand deposits 524,323 509,874
Savings and interest-bearing demand deposits 953,399 926,579
Time deposits 359,570 363,095
Total deposits 1,837,292 1,799,548
Other borrowings 25,000 25,000
Subordinated debt, net of issuance cost 8,385 8,312
Junior subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 7,305 9,643
Total liabilities 1,887,261 1,851,782
Commitments and contingencies
Shareholders’ Equity    
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding 0 0
Common stock, par value $1.25 per share; authorized 16,000,000 shares; issued and outstanding, 2026, 9,040,967 shares; 2025, 9,025,395 shares 11,301 11,282
Surplus 78,400 78,216
Retained earnings 112,288 108,937
Accumulated other comprehensive loss, net (13,427) (12,239)
Total shareholders’ equity 188,562 186,196
Total liabilities and shareholders’ equity $ 2,075,823 $ 2,037,978