Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 16,826	$ 12,658
Interest bearing deposits with banks	10,998	82
Federal funds sold	10,000
Cash and cash equivalents	37,824	12,740
Interest bearing time deposits with banks	1,720	2,210
Equity securities	971	1,144
Debt securities available for sale	200,638	210,686
Restricted investment in bank stock	3,036	3,442
Total loans	390,014	400,590
Less: Allowance for loan losses	(3,333)	(2,961)
Total loans, net of allowance for loan losses	386,681	397,629
Premises and equipment, net	9,173	9,243
Bank owned life insurance and annuities	16,336	16,266
Investment in low income housing partnerships	3,704	3,904
Core deposit and other intangible assets	299	318
Goodwill	9,047	9,047
Mortgage servicing rights	176	180
Accrued interest receivable and other assets	4,223	3,823
Total assets	673,828	670,632
Liabilities:
Deposits: Non-interest bearing	139,205	134,703
Deposits: Interest bearing	402,724	397,234
Total deposits	541,929	531,937
Short-term borrowings and repurchase agreements	2,783	13,129
Long-term debt	45,000	45,000
Other interest bearing liabilities	1,574	1,603
Accrued interest payable and other liabilities	5,176	5,256
Total liabilities	596,462	596,925
Commitments and contingent liabilities
Stockholders' Equity:
Preferred stock, no par value: Authorized - 500,000 shares, none issued
Common stock, par value $1.00 per share: Authorized 20,000,000 shares Issued - 5,151,279 shares at March 31, 2020; 5,141,749 shares at December 31, 2019 Outstanding - 5,093,859 shares at March 31, 2020; 5,099,729 shares at December 31, 2019	5,151	5,142
Surplus	24,918	24,898
Retained earnings	43,870	43,954
Accumulated other comprehensive income	4,416	516
Cost of common stock in Treasury: 57,420 shares at March 31, 2020; 42,020 shares at December 31, 2019	(989)	(803)
Total stockholders' equity	77,366	73,707
Total liabilities and stockholders' equity	$ 673,828	$ 670,632