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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 25,283 $ 20,584
Federal funds sold and interest-bearing deposits in banks 56,683 60,094
Cash and cash equivalents 81,966 80,678
Investment securities available for sale, at fair value 434,705 432,553
Investment securities held to maturity, at amortized cost 463,946 465,858
Other investments, at cost 14,999 13,793
Loans held for sale 13,623 17,743
Loans 1,799,853 1,737,106
Allowance for credit losses on loans (16,599) (16,128)
Loans, net 1,783,254 1,720,978
Premises and equipment 41,867 41,606
Other real estate owned 651 651
Goodwill 48,923 48,923
Other intangible assets 5,262 5,664
Bank-owned life insurance 55,848 55,504
Deferred income taxes, net 26,254 28,199
Other assets 25,643 24,420
Total assets 2,996,941 2,936,570
Deposits    
Noninterest-bearing 537,928 569,170
Interest-bearing 1,978,201 1,921,827
Total deposits 2,516,129 2,490,997
Federal Home Loan Bank advances 165,000 125,000
Other borrowings 63,375 78,352
Other liabilities 13,660 11,953
Total liabilities 2,758,164 2,706,302
Stockholders' equity:    
Preferred stock, no par value; 10,000,000 shares authorized, none issued or outstanding as of March 31, 2023 and December 31, 2022, respectively 0 0
Common stock, par value $1.00 per share; 50,000,000 shares authorized, 17,593,879 and 17,598,123 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 17,594 17,598
Paid in capital 167,922 167,537
Retained earnings 113,485 111,573
Accumulated other comprehensive loss, net of tax (60,224) (66,440)
Total stockholders' equity 238,777 230,268
Total liabilities and stockholders' equity $ 2,996,941 $ 2,936,570