XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 13,952 $ 12,235
Interest-bearing deposits in banks 67,871 82,180
Total cash and cash equivalents 81,823 94,415
Federal funds sold 83 85
Investment securities available-for-sale, at fair value 118,735 84,993
Investment securities held-to-maturity, at amortized cost 4,848 6,429
Federal Home Loan Bank stock, at cost 870 1,135
Loans, net of allowance for loan and lease losses of $7,726 and $7,470, respectively 677,756 638,374
Premises and equipment, net of accumulated depreciation of $24,370 and $23,774, respectively 27,959 28,206
Cash surrender value of bank-owned life insurance 15,992 15,846
Accrued interest receivable 2,579 2,807
Goodwill and core deposit intangible, net 8,227 8,410
Other real estate owned 846 949
Other assets 7,228 8,862
Total assets 946,946 890,511
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Non-interest-bearing 174,691 151,935
Interest-bearing 663,194 630,277
Total deposits 837,885 782,212
Accrued interest expense 223 292
Other liabilities 10,043 11,312
Short-term borrowings 10,017 10,017
Total liabilities 858,168 803,833
Shareholders’ equity:    
Common stock, par value $0.01 per share, 10,000,000 shares authorized; 7,634,281 and 7,596,351 shares issued, respectively; 6,214,809 and 6,176,556 shares outstanding, respectively 75 75
Additional paid-in capital 13,981 13,786
Accumulated other comprehensive income (loss), net of tax 312 (52)
Retained earnings 96,252 94,722
Less treasury stock: 1,419,472 and 1,419,795 shares at cost, respectively (21,842) (21,853)
Total shareholders’ equity 88,778 86,678
Total liabilities and shareholders’ equity $ 946,946 $ 890,511