v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Cash and cash equivalents    
Cash and due from banks $ 17,738 $ 17,731
Interest-earning deposits in other banks 35,444 81,332
Federal funds sold 2,026 247
Total cash and cash equivalents 55,208 99,310
Securities    
Available-for-sale, at fair value 128,831 132,217
Held-to-maturity; fair value of $156,463 in 2026 and $161,052 in 2025 ($0 credit loss allowance for 2026 and 2025) 179,155 183,145
Equity securities 302 279
Restricted stock, at cost 1,645 1,645
Total securities 309,933 317,286
Loans held for sale 546 213
Loans 852,718 829,778
Less allowance for credit losses 12,947 12,470
Net loans 839,771 817,308
Premises and equipment, net 13,663 13,577
Bank-owned life insurance 31,423 31,168
Goodwill 4,728 4,728
Accrued interest receivable and other assets 10,231 9,146
TOTAL ASSETS 1,265,503 1,292,736
Deposits    
Noninterest-bearing 272,934 288,947
Interest-bearing 828,887 838,968
Total deposits 1,101,821 1,127,915
Short-term borrowings 27,648 31,517
Other borrowings 892 917
Allowance for credit losses on off-balance sheet commitments 607 596
Accrued interest payable and other liabilities 5,332 5,511
Total liabilities 1,136,300 1,166,456
SHAREHOLDERS' EQUITY    
Common stock, $6.25 par value. Authorized 9,000,000 shares; issued 2,980,602 shares; outstanding 2,627,015 shares in 2026 and 2025 18,629 18,629
Additional paid-in capital 9,815 9,815
Retained earnings 115,461 112,146
Treasury stock at cost: 353,587 shares in 2026 and 2025 (9,293) (9,293)
Accumulated other comprehensive loss (5,409) (5,017)
Total shareholders' equity 129,203 126,280
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,265,503 $ 1,292,736