v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 48,539 $ 46,193
Federal funds sold 1,481 3,446
Cash and cash equivalents 50,020 49,639
Debt securities available-for-sale, at fair value (amortized cost $163,366 and $162,742, respectively) 154,749 154,207
Federal Home Loan Bank stock, at cost 3,459 3,572
Mortgage loans held for sale 17,810 12,688
Loans, net of allowance for credit losses of $14,893 and $14,992, respectively 1,279,256 1,300,302
Bank-owned life insurance 20,988 20,844
Foreclosed assets, net 101 101
Bank premises and equipment, net 23,824 24,330
Goodwill and other intangibles 8,672 8,678
Accrued interest receivable 8,978 8,222
Other assets 13,731 13,138
Total assets 1,581,588 1,595,721
Deposits:    
Noninterest-bearing 186,586 167,062
Interest-bearing 1,122,452 1,136,861
Total deposits 1,309,038 1,303,923
Federal Home Loan Bank advances and other borrowings 55,917 77,917
Securities sold under agreements to repurchase 21,846 23,105
Dividends payable 679 607
Accrued interest payable and other liabilities 22,602 22,539
Subordinated debt, net of debt issuance costs of $135 and $146, respectively 9,865 9,859
Total liabilities 1,419,947 1,437,950
Stockholders’ equity:    
Common stock, $1 par value; 5,000,000 shares authorized; 2,377,898 and 2,375,138 shares issued and outstanding, respectively 2,378 2,375
Additional paid-in-capital 20,545 20,426
Retained earnings 144,879 141,073
Accumulated other comprehensive loss (6,161) (6,103)
Total stockholders’ equity 161,641 157,771
Total liabilities and stockholders’ equity $ 1,581,588 $ 1,595,721