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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 14,815 $ 12,403
Interest-bearing deposits 55,241 59,026
Securities available for sale, at fair value 614,178 656,852
Restricted stock, at cost 929 941
Loans:    
Total Loans 846,541 852,744
Less allowance for credit losses (10,626) (8,225)
Total loans, net 835,915 844,519
Premises and equipment, net 11,044 10,371
Accrued interest receivable 5,718 6,001
Other real estate owned, net 662 662
Goodwill 5,848 5,848
Bank-owned life insurance 43,081 43,312
Other assets 38,110 37,616
Total assets 1,625,541 1,677,551
Liabilities and Stockholders' Equity    
Noninterest-bearing demand deposits 300,713 327,713
Interest-bearing demand deposits 841,382 933,269
Savings deposits 197,958 214,114
Time deposits 146,979 67,629
Total deposits 1,487,032 1,542,725
Accrued interest payable 260 106
Other liabilities 9,805 12,033
Total liabilities 1,497,097 1,554,864
Stockholders' Equity    
Preferred stock, no par value, 5,000,000 shares authorized; none issued and outstanding 0 0
Common stock of $1.25 par value and additional paid in capital. Authorized 10,000,000 shares; issued and outstanding 5,891,739 (including 2,052 unvested) shares at June 30, 2023 and 5,889,687 at December 31, 2022 7,367 7,362
Retained earnings 195,320 199,091
Accumulated other comprehensive loss, net (74,243) (83,766)
Total stockholders' equity 128,444 122,687
Total liabilities and stockholders' equity $ 1,625,541 $ 1,677,551