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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 7,642 $ 6,583
Interest-bearing deposits in other banks 185,014 55,016
Total cash and cash equivalents 192,656 61,599
Securities available-for-sale, at fair value 169,084  
Securities available-for-sale, at fair value   357,576
Securities held-to-maturity at amortized cost, fair value of $75,733 and $81,161 as of September 30, 2023 and December 31, 2022, respectively 96,347 99,415
Securities held-to-maturity, net 96,347 99,415
Restricted securities, at cost 5,007 4,425
Equity securities, at fair value 2,443 2,115
Loans, net of unearned income   1,789,508
Less: Allowance for loan credit losses 0 (20,208)
Loans, net   1,769,300
Loans, net of unearned income 1,820,132  
Less: Allowance for loan credit losses (20,036)  
Loans, net 1,800,096  
Bank premises and equipment, net 1,264 1,219
Accrued interest receivable 5,701 5,531
Bank owned life insurance   21,170
Right of use assets 4,136 4,611
Other assets 21,468 21,274
Total assets 2,298,202 2,348,235
Deposits:    
Non-interest bearing demand deposits 437,880 476,697
Interest-bearing demand deposits 675,819 691,945
Savings deposits 57,408 95,241
Time deposits 810,516 803,857
Total deposits 1,981,623 2,067,740
Federal funds purchased   25,500
Federal Reserve Bank borrowings 54,000  
Subordinated debt 24,687 24,624
Accrued interest payable 2,610 1,035
Lease liabilities 4,415 4,858
Other liabilities 10,300 11,678
Total liabilities 2,077,635 2,135,435
Commitments and contingencies
Shareholders' Equity    
Preferred stock, par value $0.01 per share; authorized 1,000,000 shares; none issued
Additional paid-in capital 95,510 94,726
Retained earnings 141,886 146,630
Accumulated other comprehensive loss (16,970) (28,697)
Total shareholders' equity 220,567 212,800
Total liabilities and shareholders' equity 2,298,202 2,348,235
Common stock, voting    
Shareholders' Equity    
Common stock $ 141 $ 141