v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 23,294 $ 20,836
Interest-bearing deposits in banks 142,854 140,074
Cash and cash equivalents 166,148 160,910
Securities available for sale, at fair value 227,792 217,538
Securities held to maturity, at amortized cost (net of allowance for credit losses, 2026, $65; 2025, $83) 89,392 102,872
Restricted securities, at cost 5,642 5,624
Loans, net of allowance for credit losses, 2026, $14,943; 2025, $14,719 1,472,455 1,435,026
Premises and equipment, net 34,021 34,561
Accrued interest receivable 6,517 6,467
Bank owned life insurance 39,077 38,577
Goodwill 3,030 3,030
Core deposit intangibles, net 12,352 13,219
Other assets 19,219 20,154
Total assets 2,075,645 2,037,978
Liabilities    
Noninterest-bearing demand deposits 520,548 509,874
Savings and interest-bearing demand deposits 953,639 926,579
Time deposits 356,943 363,095
Total deposits 1,831,130 1,799,548
Other borrowings 25,000 25,000
Subordinated debt, net of issuance cost 8,460 8,312
Junior subordinated debt 9,279 9,279
Accrued interest payable and other liabilities 8,188 9,643
Total liabilities 1,882,057 1,851,782
Commitments and contingencies
Shareholders’ Equity    
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding 0 0
Common stock, par value $1.25 per share; authorized 16,000,000 shares; issued and outstanding, 2026, 9,042,629 shares; 2025, 9,025,395 shares 11,303 11,282
Surplus 78,667 78,216
Retained earnings 116,494 108,937
Accumulated other comprehensive loss, net (12,876) (12,239)
Total shareholders’ equity 193,588 186,196
Total liabilities and shareholders’ equity $ 2,075,645 $ 2,037,978