v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from depository institutions $ 13,857 $ 11,473
Interest bearing deposits and short-term investments 14,188 39,418
Cash and cash equivalents 28,045 50,891
Investment securities, net of allowance for credit losses:    
Available for sale, at fair value (allowance for credit losses $30 on June 30, 2026) 204,900 176,228
Held to maturity (fair value $81,712 on June 30, 2026 and $68,916 on December 31, 2025; allowance for credit losses $67 on June 30, 2026 and $90 on December 31, 2025) 85,736 72,256
Trading securities 8,588 7,253
Loans held for sale 760 241
Loans (net of unearned income $404 on June 30, 2026 and $466 on December 31, 2025) 1,015,014 1,032,727
Less: Allowance for credit losses 12,896 13,128
Net loans 1,002,118 1,019,599
Premises and equipment:    
Operating lease right-of-use asset 1,299 1,395
Financing lease right-of-use asset 1,994 2,106
Other premises and equipment, net 13,877 13,929
Accrued interest income receivable 5,981 5,557
Intangible assets:    
Goodwill 13,611 13,611
Core deposit intangible 47 56
Bank owned life insurance 39,680 39,308
Federal Home Loan Bank stock 3,642 3,785
Federal Reserve Bank stock 2,161 2,161
Other real estate owned and repossessed assets 142 216
Other assets 49,562 45,221
TOTAL ASSETS 1,462,143 1,453,813
LIABILITIES    
Non-interest bearing deposits 165,484 159,198
Interest bearing deposits 1,095,843 1,088,930
Total deposits 1,261,327 1,248,128
Advances from Federal Home Loan Bank 36,195 44,615
Operating lease liabilities 1,332 1,426
Financing lease liabilities 2,403 2,501
Subordinated debt 26,788 26,767
Total borrowed funds 66,718 75,309
Net deferred tax liability 2,127 1,636
Other liabilities 8,887 9,428
TOTAL LIABILITIES 1,339,059 1,334,501
SHAREHOLDERS' EQUITY    
Common stock, par value $0.01 per share; 30,000,000 shares authorized; 27,221,089 shares issued and 16,964,267 shares outstanding on June 30, 2026 and 26,779,089 shares issued, 216,500 shares issuable, and 16,522,267 shares outstanding on December 31, 2025 272 270
Treasury stock at cost, 10,256,822 shares on June 30, 2026 and December 31, 2025 (84,791) (84,791)
Capital surplus 147,802 147,070
Retained earnings 67,626 64,112
Accumulated other comprehensive loss (7,825) (7,349)
TOTAL SHAREHOLDERS' EQUITY 123,084 119,312
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,462,143 $ 1,453,813