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Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 15,219 $ 12,235
Interest-bearing deposits in banks 60,041 82,180
Total cash and cash equivalents 75,260 94,415
Federal funds sold 82 85
Investment securities available-for-sale, at fair value 117,560 84,993
Investment securities held-to-maturity, at amortized cost 3,907 6,429
Federal Home Loan Bank stock, at cost 870 1,135
Loans, net of allowance for loan and lease losses of $8,193 and $7,470, respectively 696,972 638,374
Premises and equipment, net of accumulated depreciation of $22,276 and $23,774, respectively 25,445 28,206
Cash surrender value of bank-owned life insurance 16,066 15,846
Accrued interest receivable 2,592 2,807
Goodwill and core deposit intangible, net 8,142 8,410
Other real estate owned 2,373 949
Other assets 7,465 8,862
Total assets 956,734 890,511
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Non-interest-bearing 175,386 151,935
Interest-bearing 671,456 630,277
Total deposits 846,842 782,212
Accrued interest expense 183 292
Other liabilities 10,075 11,312
Short-term borrowings 10,037 10,017
Total liabilities 867,137 803,833
Shareholders’ equity:    
Common stock, par value $0.01 per share, 10,000,000 shares authorized; 7,634,918 and 7,596,351 shares issued, respectively; 6,218,126 and 6,176,556 shares outstanding, respectively 75 75
Additional paid-in capital 14,051 13,786
Accumulated other comprehensive income (loss), net of tax 369 (52)
Retained earnings 96,903 94,722
Less treasury stock: 1,416,792 and 1,419,795 shares at cost, respectively (21,801) (21,853)
Total shareholders’ equity 89,597 86,678
Total liabilities and shareholders’ equity $ 956,734 $ 890,511