v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 8,363 $ 9,381
Interest-bearing demand deposits 37,621 37,147
Cash and cash equivalents 45,984 46,528
Available-for-sale securities, net of allowance for credit losses of $0 at June 30, 2026 and December 31, 2025 241,046 234,204
Loans held for sale 766  
Loans, net of allowance for credit losses of $4,356 and $4,261 at June 30, 2026 and December 31, 2025, respectively 491,378 487,298
Premises and equipment 36,472 34,095
Federal Home Loan Bank stock 3,287 4,030
Foreclosed assets held for sale, net 2,261 2,540
Goodwill 682 682
Accrued interest receivable 4,233 3,982
Deferred federal income tax 3,406 3,383
Bank-owned life insurance 38,545 30,920
Other assets 9,912 9,783
Total assets 877,972 857,445
Deposits    
Demand 351,180 335,422
Savings 130,764 124,213
Time 205,001 181,731
Total deposits 686,945 641,366
Securities sold under repurchase agreements 29,388 29,403
Subordinated debentures 23,939 23,909
Advances Federal Home Loan Bank 55,000 75,000
Lease liability - finance lease 2,954 2,958
Interest payable and other liabilities 7,658 14,294
Total liabilities 805,884 786,930
Stockholders' Equity    
Preferred stock, no par value, authorized 2,000,000 shares; no shares issued
Common stock, $1 par value; authorized 10,000,000 shares; issued 6,253,141 shares at June 30, 2026, and 6,213,141 shares at December 31, 2025; outstanding - 5,735,518 and 5,756,852 shares at June 30, 2026 and December 31, 2025, respectively 6,253 6,213
Additional paid-in capital 27,436 27,073
Retained earnings 49,224 48,576
Stock held by deferred compensation plan; 209,126 and 194,971 shares at June 30, 2026 and December 31, 2025, respectively (2,635) (2,431)
Accumulated other comprehensive loss (3,909) (5,351)
Treasury stock, at cost 308,497 and 261,318 shares at June 30, 2026 and December 31, 2025, respectively (4,281) (3,565)
Total stockholders' equity 72,088 70,515
Total liabilities and stockholders' equity $ 877,972 $ 857,445