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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS:    
Cash and due from banks $ 24,950 $ 36,535
Interest-bearing demand deposits 8,001 3,188
Total cash and cash equivalents 32,951 39,723
Investment securities:    
Equity securities with a readily determinable fair value, at fair value 1,334 1,336
Equity securities without a readily determinable fair value, at cost 3,666 3,666
Debt securities, available-for-sale, at fair value 262,786 276,601
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss 16,746 16,858
Federal Reserve Bank stock, at cost 5,774 5,086
Federal Home Loan Bank stock, at cost 16,469 15,176
Loans, net of allowance for credit losses of $10,557 and $10,525 at March 31, 2024 and December 31, 2023, respectively 1,645,797 1,712,946
Financing Receivable, Held-for-Sale 75,581 0
Premises and equipment, net 36,690 36,302
Operating Lease, Right-of-Use Asset 5,838 6,000
Goodwill 79,559 79,509
Core deposit and other intangibles, net 8,903 9,494
Bank-owned life insurance 50,165 49,847
Other assets, net 31,777 30,643
TOTAL ASSETS 2,283,151 2,291,592
Deposits:    
Noninterest-bearing 435,580 462,267
Interest-bearing 1,422,913 1,362,122
Total deposits 1,858,493 1,824,389
Short-term Debt 10,000 97,395
Debt, Long-term and Short-term, Combined Amount 162,638 113,123
Operating lease liabilities 6,123 6,261
Accrued interest and other liabilities 12,234 15,121
TOTAL LIABILITIES 2,049,488 2,056,289
COMMITMENTS AND CONTINGENT LIABILITIES $ 0 $ 0
Preferred shares authorized (in shares) 1,000,000 1,000,000
SHAREHOLDERS' EQUITY:    
Preferred shares – no par value, authorized 1,000,000 shares, none outstanding $ 0 $ 0
Common Stock, Value, Issued 174,082 173,637
Retained earnings 139,050 140,017
Treasury Stock, Value (56,015) (56,015)
Accumulated other comprehensive loss, net of taxes (23,454) (22,336)
TOTAL SHAREHOLDERS' EQUITY 233,663 235,303
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 2,283,151 2,291,592
Accrued interest receivable $ 9,115 $ 8,405
Common shares, no par value (in dollars per share) $ 0 $ 0
Common shares issued (in shares) 16,435,659 16,384,952
Preferred shares outstanding (in shares) 0 0
Preferred shares, no par value (in dollars per share) $ 0 $ 0
Common stock, shares, outstanding (in shares) 13,224,276 13,173,569
Common shares authorized (in shares) 19,000,000 19,000,000
Treasury stock (in shares) 3,211,383 3,211,383