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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 12,915 $ 2,920
Interest-bearing deposits in banks 107,972 102,879
Total cash and cash equivalents 120,887 105,799
Securities available-for-sale, at fair value 365,134 239,300
Securities held-to-maturity, fair value of $88,862 and $103,258 as of June 30, 2022 and December 31, 2021, respectively 102,265 105,509
Restricted securities, at cost 4,417 4,951
Equity securities, at fair value 2,098 1,869
Loans, net of unearned income 1,692,652 1,666,469
Allowance for loan losses (20,031) (20,032)
Net loans 1,672,621 1,646,437
Bank premises and equipment, net 1,443 1,620
Accrued interest receivable 4,451 4,943
Bank owned life insurance 21,188 20,998
Right of use assets 4,281 4,913
Other assets 17,589 12,970
Total assets 2,316,374 2,149,309
Deposits:    
Non-interest bearing demand deposits 512,284 488,838
Interest-bearing demand deposits 738,666 633,901
Savings deposits 112,276 101,376
Time deposits 680,515 657,438
Total deposits 2,043,741 1,881,553
Federal Home Loan Bank advances   18,000
Subordinated debt 49,560 24,728
Accrued interest payable 896 843
Lease liabilities 4,538 5,182
Other liabilities 10,109 10,533
Total liabilities 2,108,844 1,940,839
Commitments and contingencies
Shareholders' Equity    
Preferred stock, par value $0.01 per share; authorized 1,000,000 shares; none issued
Additional paid-in capital 93,935 91,107
Retained earnings 130,383 117,626
Accumulated other comprehensive loss (16,928) (400)
Total shareholders' equity 207,530 208,470
Total liabilities and shareholders' equity 2,316,374 2,149,309
Common stock, voting    
Shareholders' Equity    
Common stock $ 140 $ 137