v3.26.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 17,403 $ 13,849
Interest-bearing deposits with banks 66,060 63,109
Federal funds sold 850 252
Total cash and cash equivalents 84,313 77,210
Investment securities available-for-sale, at fair value 98,610 96,433
Restricted stock, at cost 2,636 2,598
Loans held for sale 1,334
Loans receivable 732,260 709,587
Allowance for credit losses (8,215) (8,107)
Net loans 724,045 701,480
Bank premises and equipment, net 15,961 16,400
Other real estate owned 225 89
Accrued interest receivable 3,751 3,451
Deferred taxes, net 4,110 3,895
Right-of-use assets – operating leases 2,759 2,998
Other assets 4,406 5,146
        Total assets 942,150 909,700
Deposits:    
Noninterest bearing 242,549 220,829
Interest-bearing 584,930 577,437
        Total deposits 827,479 798,266
Borrowed funds 18,986 18,986
Lease liabilities – operating leases 2,759 2,998
Accrued interest payable 1,336 1,507
Accrued expenses and other liabilities 5,245 5,088
Total liabilities 855,805 826,845
SHAREHOLDERS’ EQUITY    
Common stock - $2.00 par value; 50,000,000 shares authorized; 23,539,312 and 23,567,013 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 47,079 47,134
Additional paid-in-capital 14,335 14,378
Retained earnings 33,603 29,210
Accumulated other comprehensive loss (8,672) (7,867)
Total shareholders’ equity 86,345 82,855
Total liabilities and shareholders’ equity $ 942,150 $ 909,700