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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 8,787,000 $ 8,833,000
Interest-bearing deposits in other banks 87,837,000 15,347,000
Total cash and cash equivalents 96,624,000 24,180,000
Time deposits with other banks 247,000 247,000
Debt securities available-for-sale, at fair value 403,415,000 366,711,000
Marketable equity securities, at fair value 1,789,000 1,646,000
Restricted investment in bank stocks, at cost 2,606,000 2,247,000
Loans 725,532,000 703,310,000
Loans held for sale 16,373,000 17,300,000
Allowance for loan losses (8,124,000) (7,933,000)
Net loans 733,781,000 712,677,000
Premises and equipment, net 18,313,000 18,678,000
Operating lease right-of-use assets 1,074,000 1,061,000
Accrued interest receivable 4,374,000 4,544,000
Cash surrender value of bank owned life insurance 24,493,000 24,194,000
Investments in low-income housing partnerships 1,281,000 1,466,000
Goodwill 19,133,000 19,133,000
Foreclosed assets held for resale   28,000
Other assets 3,336,000 2,235,000
TOTAL ASSETS 1,310,466,000 1,179,047,000
LIABILITIES    
Non-interest bearing 217,615,000 198,499,000
Interest bearing 845,732,000 738,989,000
Total deposits 1,063,347,000 937,488,000
Short-term borrowings 26,499,000 19,494,000
Long-term borrowings 35,000,000 45,000,000
Subordinated debentures 25,000,000 25,000,000
Operating lease liabilities 1,537,000 1,513,000
Accrued interest payable 284,000 405,000
Deferred income taxes 1,539,000 2,146,000
Other liabilities 9,758,000 3,759,000
TOTAL LIABILITIES 1,162,964,000 1,034,805,000
STOCKHOLDERS' EQUITY    
Preferred stock, par value $2.00 per share; authorized 1,000,000 shares as of June 30, 2021 and December 31, 2020; issued 0 as of June 30, 2021 and December 31, 2020 0 0
Common stock, par value $2.00 per share; authorized 20,000,000 shares as of June 30, 2021 and December 31, 2020; issued 6,146,561 as of June 30, 2021 and 6,115,281 as of December 31, 2020; outstanding 5,914,949 as of June 30, 2021 and 5,883,669 as of December 31, 2020 12,293,000 12,231,000
Surplus 40,223,000 39,543,000
Retained earnings 89,550,000 85,307,000
Accumulated other comprehensive income 11,145,000 12,870,000
Treasury stock, at cost, 231,612 shares as of June 30, 2021 and December 31, 2020 (5,709,000) (5,709,000)
TOTAL STOCKHOLDERS' EQUITY 147,502,000 144,242,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,310,466,000 $ 1,179,047,000