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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 10,024 $ 7,424
Interest-bearing deposits in other banks 172,581 91,581
Total cash and cash equivalents 182,605 99,005
Securities available-for-sale, at fair value 147,753 169,993
Securities held-to-maturity at amortized cost, fair value of $77,268 and $79,532 as of June 30, 2024 and December 31, 2023, respectively 93,830 95,505
Securities held-to-maturity, net 93,830 95,505
Restricted securities, at cost 4,966 5,012
Equity securities, at fair value 3,033 2,792
Loans, net of unearned income 1,827,187 1,859,967
Less: Allowance for loan credit losses (18,433) (19,543)
Loans, net 1,808,754 1,840,424
Bank premises and equipment, net 1,184 1,281
Accrued interest receivable 6,196 6,110
Right of use assets 4,105 4,176
Other assets 17,331 18,251
Total assets 2,269,757 2,242,549
Deposits:    
Non-interest bearing demand deposits 437,169 411,374
Interest-bearing demand deposits 667,951 607,971
Savings deposits 45,884 52,061
Time deposits 761,836 835,194
Total deposits 1,912,840 1,906,600
Federal funds purchased   10,000
Federal Reserve Bank borrowings 77,000 54,000
Subordinated debt 24,749 24,708
Accrued interest payable 4,029 4,559
Lease liabilities 4,366 4,446
Other liabilities 11,427 8,322
Total liabilities 2,034,411 2,012,635
Commitments and contingencies
Shareholders' Equity    
Preferred stock, par value $0.01 per share; authorized 1,000,000 shares; none issued
Additional paid-in capital 96,817 95,636
Retained earnings 150,942 146,388
Accumulated other comprehensive loss (12,555) (12,251)
Total shareholders' equity 235,346 229,914
Total liabilities and shareholders' equity 2,269,757 2,242,549
Common stock, non voting    
Shareholders' Equity    
Common stock
Common stock, voting    
Shareholders' Equity    
Common stock $ 142 $ 141