v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Cash and due from banks $ 11,209 $ 10,358
Interest-bearing deposits at other banks 24,998 25,420
Cash and cash equivalents 36,207 35,778
Securities available-for-sale, at fair value (amortized cost of $206,888 and $199,127, respectively) 200,552 193,457
Securities held-to-maturity, at amortized cost (fair value of $30,117 and $30,152, respectively) 32,445 32,544
Equity investments 2,146 2,166
Mortgage loans held for sale 54,898 33,762
Loans and other finance receivables, net of fees and costs 2,177,978 2,170,600
Allowance for credit losses (21,463) (21,573)
Loans and other finance receivables, net of the allowance for credit losses 2,156,515 2,149,027
Restricted investment in bank stock 7,484 7,811
Bank premises and equipment, net 12,437 12,402
Bank owned life insurance 31,205 30,687
Accrued interest receivable 10,680 10,724
OREO and other repossessed assets 6,081 5,997
Deferred income taxes 4,535 4,215
Servicing assets 3,642 3,932
Goodwill 899 899
Intangible assets 2,461 2,563
Other assets 30,989 36,031
Total assets 2,593,176 2,561,995
Deposits:    
Non-interest bearing 246,357 245,377
Interest bearing 1,948,081 1,912,751
Total deposits 2,194,438 2,158,128
Borrowings 108,032 117,338
Subordinated debentures 49,705 49,853
Accrued interest payable 5,587 6,531
Other liabilities 30,604 30,429
Total liabilities 2,388,366 2,362,279
Stockholders’ equity:    
Common stock, $1 par value: $25,000,000 shares authorized; 13,926,981 and 13,829,645 shares issued, respectively, and 11,923,798 and 11,826,462 shares outstanding, respectively 13,927 13,830
Surplus 91,137 90,352
Treasury stock, 2,003,183 shares, at cost (26,079) (26,079)
Unearned common stock held by ESOP (1,232) (1,232)
Retained earnings 132,614 128,124
Accumulated other comprehensive loss (5,557) (5,279)
Total stockholders’ equity 204,810 199,716
Total liabilities and stockholders’ equity $ 2,593,176 $ 2,561,995