Peoples Financial Services Corp
(NASDAQ:PFIS)

Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money market, NOW, savings, individual retirement, demand deposit, and certificates of deposit accounts....

Website: http://www.psbt.com

Full Time Employees: 408

Sector: Financial Services

Industry: Banks-Regional

Regional Bank

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Quarterly

Annual

Unit: USD	2026-03-31	2025-09-30	2025-06-30	2025-03-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31

interest income:
interest and fees on loans:
taxable	56,316,000	57,621,000	57,459,000	55,212,000	59,412,000	34,406,000	34,041,000	33,730,000	33,095,000	32,139,000	30,049,000	27,515,000	25,128,000	22,009,000	20,853,000	-62,122,507	21,276,000	20,029,000	20,900,000	20,901,000	21,160,000	20,917,000	20,804,000	20,940,000	20,641,000	20,103,000	18,798,000	18,239,000	17,509,000	16,535,000	15,945,000	15,541,000	15,294,000	14,760,000	14,346,000	13,932,000	13,341,000	13,391,000	13,340,000	13,281,000	13,876,000	13,159,000	14,000,000	13,427,000	6,042,000	5,682,000	5,515,000	5,585,000	5,505,000	565,500	740,000	758,000	764,000	549,000	609,000	693,000	824,000	924,000	907,000	974,000	966,000
tax-exempt	2,068,000	2,151,000	2,302,000	2,245,000	2,299,000	1,399,000	1,418,000	1,423,000	1,411,000	1,405,000	1,389,000	1,367,000	1,338,000	1,218,000	1,161,000	-2,855,043	1,024,000	965,000	870,000	876,000	941,000	1,031,000	1,035,000	1,066,000	1,109,000	1,099,000	919,000	871,000	870,000	813,000	795,000	726,000	770,000	780,000	751,000	637,000	585,000	570,000	559,000	658,000	465,000	507,000	635,000	807,000	278,000	393,000	419,000	328,000	331,000
interest and dividends on investment securities:
dividends	259,000	47,000	40,000	41,000	55,000	2,000	2,000			2,000	2,000			2,000		-71,926	24,000	25,000	23,000	23,000	25,000	23,000	24,000	19,000	22,000	19,000	16,000	19,000	16,000	13,000	12,000	12,000	10,000	11,000	10,000	11,000	9,000	6,000	9,000	18,000	2,000	14,000	16,000	71,000	5,000	8,000	7,000	7,000	9,000
interest on interest-bearing deposits in other banks	89,000	101,000	96,000	113,000	150,000	115,000	120,000	145,000	91,000	85,000	14,000	40,000	41,000	18,000	2,000	-5,992	2,000	2,000	2,000	4,000	5,000	24,000	15,000	27,000	15,000	8,000	49,000	42,000	40,000	40,000	38,000	29,000	15,000	15,000	17,000	10,000	13,000	15,000	8,000	9,000	10,000	9,000	10,000	84,000		1,000	4,000
interest on federal funds sold	804,000	372,000	435,000	285,000	1,218,000	179,000	1,127,000	2,463,000	1,873,000	798,000	243,000	141,000	106,000	22,000	73,000	-227,670	124,000	55,000	49,000	12,000	6,000		45,000	77,000												1,000		5,000	7,000	6,000	16,000	34,000	14,000	-30,000	18,000			8,000	13,000
total interest income	64,704,000	65,164,000	65,335,000	62,426,000	68,284,000	38,376,000	38,997,000	40,072,000	38,765,000	36,736,000	34,278,000	31,641,000	29,230,000	25,892,000	24,571,000	-70,312,943	24,167,000	22,763,000	23,477,000	23,346,000	23,852,000	23,842,000	23,616,000	23,632,000	23,332,000	22,801,000	21,419,000	20,766,000	19,994,000	18,831,000	18,261,000	17,799,000	17,525,000	17,058,000	16,686,000	16,177,000	15,598,000	15,638,000	15,628,000	15,850,000	16,192,000	15,482,000	16,432,000	15,941,000	7,318,000	7,015,000	6,940,000	6,981,000	6,897,000	4,767,750	6,340,000	6,481,000	6,250,000	6,052,000	5,929,000	6,108,000	6,184,000	6,437,000	6,323,000	6,308,000	6,411,000
interest expense:
interest on deposits	18,139,000	20,194,000	20,303,000	20,847,000	26,398,000	18,114,000	18,704,000	18,756,000	16,481,000	13,714,000	9,678,000	6,251,000	3,316,000	1,597,000	1,468,000	-5,723,690	1,698,000	1,941,000	2,092,000	2,758,000	2,864,000	3,503,000	3,905,000	3,966,000	3,713,000	3,411,000	2,342,000	1,959,000	1,834,000	1,654,000	1,529,000	1,434,000	1,356,000	1,322,000	1,283,000	1,264,000	1,229,000	1,192,000	1,268,000	1,306,000	1,354,000	1,414,000	1,357,000	-128,000	1,032,000	1,071,000	1,048,000	1,079,000	1,168,000
interest on short-term borrowings	372,000	341,000	410,000	225,000	550,000	633,000	262,000	330,000	291,000	213,000	1,086,000	524,000	457,000	122,000		-77,922	1,000	6,000	71,000	82,000	102,000	573,000	151,000	83,000	595,000	813,000	809,000	841,000	667,000	177,000	248,000	174,000	116,000	89,000	77,000	30,000	11,000	4,000	8,000	4,000	9,000	24,000	34,000	-66,000	36,000	49,000	62,000	72,000	76,000
interest on long-term debt	1,404,000	1,509,000	1,211,000	1,177,000	1,389,000	269,000	270,000	273,000	273,000	269,000	27,000	9,000	16,000	23,000	28,000	-224,740	40,000	82,000	103,000	139,000	231,000	205,000	308,000	347,000	296,000	280,000	315,000	315,000	306,000	344,000	349,000	348,000	353,000	354,000	360,000	275,000	245,000	252,000	259,000	276,000	279,000	289,000	296,000	1,115,000	32,000	170,000	173,000	178,000	208,000
interest on subordinated debt	1,749,000	1,748,000	1,026,000	443,000	443,000	444,000	443,000	444,000	443,000	444,000	443,000	444,000	443,000	443,000	444,000	-1,328,226	443,000	444,000	443,000	443,000	148,000
interest on junior subordinated debt	173,000	189,000	188,000	186,000	260,000
total interest expense	21,837,000	23,981,000	23,138,000	22,878,000	29,040,000	19,460,000	19,679,000	19,803,000	17,488,000	14,640,000	11,234,000	7,228,000	4,232,000	2,185,000	1,940,000	-7,354,578	2,182,000	2,473,000	2,709,000	3,422,000	3,345,000	4,281,000	4,364,000	4,396,000	4,604,000	4,504,000	3,466,000	3,115,000	2,807,000	2,175,000	2,126,000	1,956,000	1,825,000	1,765,000	1,720,000	1,569,000	1,485,000	1,448,000	1,535,000	1,586,000	1,642,000	1,727,000	1,687,000	921,000	1,100,000	1,290,000	1,283,000	1,329,000	1,452,000	1,266,250	1,635,000	1,715,000	1,715,000	1,733,000	1,701,000	1,693,000	2,131,000	2,416,000	2,156,000	2,148,000	2,434,000
net interest income	42,867,000	41,183,000	42,197,000	39,548,000	39,244,000	18,916,000	19,318,000	20,269,000	21,277,000	22,096,000	23,044,000	24,413,000	24,998,000	23,707,000	22,631,000	-62,958,365	21,985,000	20,290,000	20,768,000	19,924,000	20,507,000	19,561,000	19,252,000	19,236,000	18,728,000	18,297,000	17,953,000	17,651,000	17,187,000	16,656,000	16,135,000	15,843,000	15,700,000	15,293,000	14,966,000	14,608,000	14,113,000	14,190,000	14,093,000	14,264,000	14,550,000	13,755,000	14,745,000	15,020,000	6,218,000	5,725,000	5,657,000	5,652,000	5,445,000	-13,986,921	4,705,000	4,766,000	4,535,000	4,319,000	4,228,000	4,415,000	4,053,000	4,021,000	4,167,000	4,160,000	3,977,000
provision for credit losses	1,387,000			200,000
net interest income after provision for credit losses	41,480,000			39,348,000
noninterest income:
service charges, fees, commissions and other	3,157,000	3,386,000	3,664,000	3,404,000	3,384,000	1,885,000	2,036,000	1,881,000	1,900,000	1,982,000	1,965,000	1,909,000	1,714,000	1,761,000	1,692,000	-4,469,831	1,667,000	1,625,000	1,184,000																									631,750	895,000	797,000	743,000
merchant services income	180,000	321,000	584,000	231,000	223,000	260,000	115,000	151,000	170,000	254,000	118,000	131,000	157,000	562,000	114,000	-758,121	158,000	508,000	93,000	137,000	472,000	114,000	136,000	182,000	457,000	198,000	128,000	309,000	250,000	165,000	1,178,000	1,015,000	1,257,000	1,038,000	914,000	919,000	1,183,000	963,000	790,000	765,000	1,002,000	888,000	894,000
commission and fees on fiduciary activities	551,000	607,000	563,000	537,000	649,000	517,000	551,000	528,000	606,000	528,000	557,000	532,000	591,000	551,000	555,000	-1,722,727	639,000	553,000	533,000	575,000	493,000	506,000	519,000	569,000	492,000	507,000	570,000	485,000	497,000	540,000	494,000	508,000	539,000	474,000	482,000	459,000	541,000	487,000	459,000	489,000	575,000	548,000	567,000
wealth management income	646,000	950,000	619,000	650,000	708,000	416,000	361,000	399,000	393,000	386,000	398,000	366,000	339,000	374,000	351,000	-1,205,463	432,000	417,000	358,000	272,000	231,000	387,000	382,000	395,000	370,000	377,000	305,000	332,000	411,000	414,000	348,000	319,000	271,000	296,000	412,000	218,000	224,000	198,000	205,000	183,000	217,000	165,000	187,000	-84,000	195,000	138,000	143,000	140,000	142,000
mortgage banking income	241,000	148,000	125,000	114,000	84,000	87,000	92,000	95,000	87,000	105,000	103,000	104,000	135,000	128,000	144,000	-763,025	244,000	208,000	312,000	488,000	312,000	137,000	143,000	172,000	137,000	148,000	163,000	162,000	147,000	193,000	204,000	179,000	217,000	195,000	204,000	205,000	197,000	248,000	222,000	214,000	142,000	193,000	99,000	-95,000	45,000	302,000	74,000	168,000	32,000
increase in cash surrender value of life insurance	497,000	543,000	535,000	526,000	551,000	286,000	279,000	277,000	270,000	262,000	258,000	289,000	269,000	244,000	218,000	-668,111	225,000	225,000	219,000
interest rate swap gain	660,000				-53,000	102,000	-24,000
net gains on equity investment securities	456,000				175,000	-12,000				12,000	-29,000	6,000	-18,000							2,000	39,000	-123,000	126,000	14,000
net gains on sale of investment securities available for sale	510,000				1,000						81,000
net gains on sale of fixed assets		-615,000
total noninterest income	6,898,000	5,501,000	6,247,000	6,256,000	5,722,000	3,541,000	3,402,000	3,215,000	3,692,000	3,552,000	3,674,000	1,226,000	3,317,000	3,881,000	3,421,000	-10,327,364	3,449,000	3,387,000	3,517,000	4,935,000	3,422,000	3,550,000	3,870,000	3,682,000	4,152,000	3,416,000	3,253,000	3,663,000	3,572,000	3,661,000	6,379,000	3,782,000	4,025,000	4,113,000	3,891,000	3,769,000	4,015,000	3,626,000	4,309,000	3,533,000	4,380,000	3,778,000	3,560,000	8,189,000	1,135,000	1,337,000	1,236,000	1,093,000	1,022,000
noninterest expense:
salaries and employee benefits expense	14,517,000	14,128,000	13,761,000	13,481,000	13,170,000	8,450,000	8,839,000	8,939,000	8,784,000	8,482,000	9,080,000	9,188,000	8,474,000	7,851,000	8,040,000	-21,619,264	7,829,000	7,250,000	6,570,000	7,831,000	7,048,000	7,856,000	7,686,000	8,056,000	8,037,000	7,595,000	6,946,000	7,390,000	6,955,000	6,550,000	7,026,000	6,275,000	5,466,000	5,904,000	5,332,000	5,290,000	5,397,000	5,613,000	5,233,000	5,769,000	4,754,000	4,961,000	5,168,000	9,718,000	2,307,000	1,749,000	1,730,000	1,713,000	1,648,000
net occupancy and equipment expense	7,675,000	7,221,000	6,284,000	6,610,000	6,436,000	4,576,000	4,725,000	4,468,000	4,298,000	4,277,000	4,103,000	4,905,000	3,898,000	3,950,000	3,825,000	-9,451,152	3,150,000	3,047,000	3,267,000	3,131,000	3,042,000	3,079,000	3,104,000	2,997,000	2,849,000	2,961,000	2,681,000	2,720,000	2,814,000	2,483,000	2,450,000	2,394,000	2,316,000	2,245,000	2,437,000	2,241,000	2,246,000	2,149,000	2,468,000	2,022,000	2,020,000	2,327,000	1,733,000	1,468,000	851,000	753,000	790,000	766,000	738,000
acquisition related expenses		16,000	66,000	154,000	9,653,000	1,071,000	486,000	826,000	869,000
amortization of intangible assets	1,517,000	1,515,000	1,684,000	1,683,000	1,665,000			19,000	29,000	28,000	29,000	74,000	96,000	97,000	96,000	-374,509	125,000	125,000	125,000	154,000	154,000	154,000	173,000	183,000	182,000	192,000	220,000	220,000	230,000	259,000	258,000	268,000	297,000	297,000	305,000	299,000	296,000	295,000	305,000	324,000	334,000	333,000	343,000
professional fees and outside services	1,086,000	935,000	1,168,000	1,011,000	1,017,000	779,000	688,000	850,000	687,000	628,000	619,000	815,000	664,000	766,000	470,000	-1,642,863	629,000	577,000	439,000	617,000	611,000	365,000	415,000	487,000	525,000	331,000	431,000	446,000	623,000																					108,500	125,000	150,000	159,000	168,000	144,000	138,000	138,000	110,000	125,000	115,000	170,000
fdic insurance and assessments	756,000	607,000	976,000	1,022,000	809,000	504,000	594,000	566,000	508,000	556,000	501,000	331,000	324,000	319,000	326,000	-834,883	305,000	271,000	260,000	241,000	336,000	74,000	36,000	68,000	288,000	259,000	247,000	297,000	286,000																							185,000	182,000	177,000	179,000	453,000	91,000	88,000	64,000	38,000	37,000
bank shares tax	744,000
advertising and corporate business development	1,304,000	1,106,000	1,074,000	859,000
other expenses	2,264,000		3,249,000	2,533,000
total noninterest expense	29,863,000	28,678,000	28,262,000	27,353,000	35,502,000	18,158,000	18,068,000	17,598,000	17,054,000	16,614,000	16,486,000	16,960,000	15,935,000	15,493,000	14,289,000	-40,392,996	14,291,000	13,528,000	12,629,000	13,974,000	13,242,000	13,651,000	13,644,000	14,079,000	14,429,000	13,490,000	12,537,000	13,496,000	13,081,000	12,480,000	14,002,000	12,356,000	12,017,000	12,113,000	11,618,000	12,468,000	11,706,000	11,511,000	11,094,000	11,323,000	11,084,000	12,239,000	11,287,000	23,137,000	5,060,000	3,898,000	3,314,000	4,088,000	3,757,000
income before income taxes	18,515,000	18,844,000	20,421,000	18,251,000	-4,994,000	3,703,000	3,944,000	4,217,000	8,081,000	11,235,000	8,968,000	10,828,000	11,930,000	11,145,000	11,463,000	-32,894,483	10,743,000	10,049,000	12,156,000	9,835,000	8,887,000	5,960,000	5,478,000	8,139,000	8,101,000	7,173,000	7,619,000	6,768,000	6,628,000	6,637,000	7,312,000	6,069,000	6,508,000	6,093,000	6,039,000	4,609,000	5,522,000	5,555,000	6,558,000	5,674,000	7,180,000	4,093,000	6,161,000	-1,794,000	2,128,000	2,774,000	2,934,000	2,357,000	2,441,000	-5,264,078	1,672,000	1,885,000	1,715,000			1,446,000	1,878,000			2,220,000	1,794,000
income tax expense	3,768,000											1,396,750	1,962,000	1,792,000	1,833,000	-5,833,002	1,647,000	1,518,000	2,678,000	1,523,000	1,311,000	679,000	446,000	991,000	957,000	761,000	902,000	811,000	774,000	1,287,000	1,653,000	1,269,000	1,390,000	1,238,000	1,157,000	770,000	1,113,000	1,124,000	1,514,000	1,290,000	1,944,000	762,000	1,463,000
net income	14,747,000	15,246,000	16,956,000	15,009,000	-4,337,000	3,282,000	3,466,000	3,630,000	6,746,000	9,425,000	7,579,000	9,139,000	9,968,000	9,353,000	9,630,000	-27,061,481	9,096,000	8,531,000	9,478,000	8,312,000	7,576,000	5,281,000	5,032,000	7,148,000	7,144,000	6,412,000	6,717,000	5,957,000	5,854,000	5,350,000	5,659,000	4,800,000	5,118,000	4,855,000	4,882,000	3,839,000	4,409,000	4,431,000	5,044,000	4,384,000	5,236,000	3,331,000	4,698,000	-584,000	1,743,000	2,284,000	2,420,000	1,800,000	1,859,000	-4,435,515	1,400,000	1,524,000	1,518,000	1,489,000	786,000	1,253,000	1,521,000	1,486,000	-1,566,000	1,704,000	1,415,000
yoy	-440.03%	364.53%	389.21%	313.47%	-164.29%	-65.18%	-54.27%	-60.28%	-32.32%	0.77%	-21.30%	-133.77%	9.59%	9.64%	1.60%	-425.57%	20.06%	61.54%	88.35%	16.28%	6.05%	-17.64%	-25.09%	19.99%	22.04%	19.85%	18.70%	24.10%	14.38%	10.20%	15.92%	25.03%	16.08%	9.57%	-3.21%	-12.43%	-15.79%	33.02%	7.36%	-850.68%	200.40%	45.84%	94.13%	-132.44%	-6.24%	-151.49%	72.86%	18.11%	22.46%	-397.89%	78.12%	21.63%	-0.20%	0.20%	-150.19%	-26.47%	7.49%
qoq	-3.27%	-10.08%	12.97%	-446.07%	-232.15%	-5.31%	-4.52%	-46.19%	-28.42%	24.36%	-17.07%	-8.32%	6.58%	-2.88%	-135.59%	-397.51%	6.62%	-9.99%	14.03%	9.71%	43.46%	4.95%	-29.60%	0.06%	11.42%	-4.54%	12.76%	1.76%	9.42%	-5.46%	17.90%	-6.21%	5.42%	-0.55%	27.17%	-12.93%	-0.50%	-12.15%	15.05%	-16.27%	57.19%	-29.10%	-904.45%	-133.51%	-23.69%	-5.62%	34.44%	-3.17%	-141.91%	-416.82%	-8.14%	0.40%	1.95%	89.44%	-37.27%	-17.62%	2.36%	-194.89%	-191.90%	20.42%
other comprehensive income:
unrealized gain on investment securities available for sale	-3,383,000	7,415,000	1,859,000	5,572,000	15,167,000	18,000	-2,441,000			-5,148,000
reclassification adjustment for net gains on available for sale securities included in net income	-510,000
change in derivative fair value	156,000	18,000	16,000	-148,000	-1,424,000	160,000	1,079,000	-1,650,000	747,000	2,049,000	-1,970,000	12,000	-46,000	-201,000	-493,000	21,678	-128,000	-135,000	242,000	-137,000	-543,000	1,036,000	-218,000	153,000	443,000	63,000
other comprehensive income before income tax expense	-3,737,000
income tax expense related to other comprehensive income	-820,000	1,621,000	409,000	1,183,000																																										575,000
other comprehensive income, net of income tax expense	-2,917,000	5,812,000	1,466,000	4,241,000
comprehensive income	11,830,000	21,058,000	18,422,000	19,250,000	6,397,000	3,422,000	2,402,000	18,709,000	-811,000	6,994,000	14,473,000	16,406,000	-7,061,000	-5,554,000	-16,523,000	-20,409,144	6,522,000	10,376,000	3,547,000	7,338,000	8,802,000	11,914,000	5,284,000	7,396,000	9,538,000	8,388,000	5,786,000	5,294,000	3,979,000	5,102,000	6,428,000	4,977,000	4,390,000	5,341,000	5,371,000	3,092,000	4,851,000	3,482,000	5,002,000	2,985,000	4,244,000	4,035,000	6,254,000	1,190,000	1,399,000	3,401,000	2,217,000	1,500,000	3,764,000
per share data:
net income:
basic	1.47	1.53	1.7	1.5	-0.43	0.47	0.49	0.52	0.95	1.32	1.06	1.27	1.39	1.3	1.34	2.29	1.26	1.18	1.31	1.14	1.03	0.72	0.68	0.97	0.96	0.87	0.91	0.81	0.79	0.72	0.76	0.65	0.69	0.66	0.66	0.52	0.58	0.59	0.67	0.58	0.7	0.44	0.62	-0.83	0.56	0.73	0.78
diluted	1.47	1.51	1.68	1.49	-0.43	0.46	0.49	0.52	0.95	1.31	1.05	1.27	1.38	1.3	1.33	2.28	1.26	1.18	1.31	1.14	1.03	0.71	0.68	0.97	0.96	0.87	0.91	0.81	0.79	0.72	0.76	0.65	0.69	0.66	0.66	0.52	0.58	0.59	0.67	0.58	0.7	0.44	0.62	-0.83	0.56	0.73	0.78
dividends declared	0.625	0.62	0.62	0.62	0.62	0.41	0.41	0.41	0.41	0.41	0.41	0.4	0.4	0.39	0.39	0.38	0.38	0.37	0.37	0.36	0.36	0.36	0.35	0.34	0.34	0.34	0.33	0.33	0.32	0.32	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.54	0.23	0.21	0.21
weighted-average common shares outstanding:
basic	10,002,903	9,994,629	9,994,955	9,992,922	9,987,627	7,057,258	7,052,912	7,107,908
diluted	10,029,213	10,086,915	10,082,260	10,043,186	10,044,449	7,114,115	7,102,112	7,151,471

(credit to) benefit from credit losses		-838,000						-275,750	-166,000	-2,201,000
net interest income after (credit to) benefit from credit losses		42,021,000						16,897,000	21,443,000	24,297,000
interest rate swap income		182,000	164,000	43,000
net gains on equity investments		-21,000	-7,000	71,000
other incomes		3,150,000			2,240,000	2,345,000	2,327,000	1,565,000	1,508,000	2,176,000	1,757,000	1,304,000	2,106,000	2,199,000	1,198,000	-5,387,760	1,887,000	1,879,000	1,629,000	1,660,000	1,710,000	1,785,000	1,866,000	1,902,000	2,189,000	1,820,000	1,654,000	2,079,000	1,858,000	3,155,000	3,235,000	2,689,000	3,048,000	2,919,000	2,912,000	4,001,000	2,944,000	2,804,000	2,555,000	2,694,000	3,205,000	3,115,000	2,870,000	4,526,000	1,902,000	1,396,000	794,000	1,609,000	1,371,000
income tax benefit		3,598,000													-6,952,000	1,768,963	-684,000	490,000	-1,577,000				67,000	66,000	637,000	526,000
reclassification adjustment for net gain on sales included in net income					-1,000			-20,250			-81,000									-457,000		-267,000			-23,000									-381,000	-242,000	-210,000	-147,000		-832,000		-701,000	-160,000
other comprehensive income		7,433,000	1,875,000	5,424,000	13,742,000	178,000	-1,362,000			-3,099,000	8,785,000			-18,870,000		8,421,300	-3,258,000	2,335,000	-7,508,000	-1,233,000	1,551,000	8,398,000								-381,000	1,184,000	273,000	-1,120,000	747,000	753,000	-1,150,000	679,000	-1,459,000	-65,000	487,500	-1,526,000	1,082,000	2,394,000
(credit to) provision for credit losses			-239,000
net interest income after (credit to) provision for credit losses			42,436,000
net gains on fixed assets				680,000
provision for income tax expense			3,465,000	3,242,000
benefit from (credit to) credit losses					14,458,000	596,000
net interest income after benefit from (credit to) credit losses					24,786,000	18,320,000
net gains on sale of other real estate owned									-18,000
donations					512,000	433,000	409,000	365,000	389,000	467,000	397,000	343,000	373,000	331,000	334,000	-1,082,565	366,000	379,000	339,000	340,000	341,000	338,000	364,000	386,000	359,000	332,000	355,000	343,000	313,000
benefit for income tax expense					-657,000
income tax benefit related to other comprehensive income					3,008,000	38,000					1,891,000																											-510,000	-23,000	170,500	-534,000	378,000	838,000	1,119,000	-177,000		-104,000
other comprehensive income, net of income tax benefit					10,734,000	140,000					6,894,000
benefit from income tax expense						421,000	478,000	587,000	1,335,000	1,810,000	1,389,000																																					450,000	582,000
benefit from credit losses							708,000				1,264,000
net interest income after benefit from credit losses							18,610,000				21,780,000
net incomees on equity investment securities							-8,000	-4,250
income tax (benefit) expense related to other comprehensive income							-298,000			-668,000
other comprehensive income, net of income tax (benefit) expense							-1,064,000			-2,431,000
interest rate swap revenue								-122,000	266,000	23,000	223,000	-135,000	130,000	284,000	343,000	-743,241	79,000		797,000	1,228,000	249,000	470,000
unrealized loss on investment securities available for sale								-1,172,500	-10,378,000
other comprehensive loss								-986,250	-9,631,000			-18,382,750	-21,556,000		-33,105,000
income tax benefit related to other comprehensive loss								-212,750	-2,074,000			-3,860,500	-4,527,000																						264,000	-403,000	237,000
other comprehensive loss, net of income tax benefit								-773,500	-7,557,000			-14,522,250	-17,029,000
average common shares outstanding:
basic								1,782,626.5	7,088,745	7,145,975	7,157,553	-3,290	7,169,809	7,171,909	7,172,455	-8,239	7,198,125	7,204,261	7,210,952	7,277,189	7,341,636	7,379,438	-2,339	7,394,992	7,399,302	7,399,054	7,399,054	7,396,533	7,396,505	7,396,505	7,396,163	7,394,143	7,394,143	7,395,127	7,403,510	-27,300	7,536,824	7,546,198	7,548,358	-158	7,548,358	7,548,358	7,550,253	1,647,158	3,087,249	3,118,429	3,118,109
diluted								1,791,392.5	7,120,685	7,177,915	7,198,970	-3,323	7,213,147	7,215,365	7,216,421	-4,160	7,233,189	7,239,325	7,246,016	7,312,253	7,376,700	7,406,291	-2,339	7,394,992	7,399,302	7,399,054	7,399,054	7,396,533	7,396,505	7,396,505	7,396,163	7,394,143	7,394,143	7,395,127	7,403,510	-27,300	7,536,824	7,546,198	7,548,358	-4,474	7,548,358	7,570,883	7,580,480	1,646,949	3,087,408	3,118,690	3,119,070
net gain on sale of other real estate owned														-20,000																																1,000
unrealized gain on investment securities available-for-sale											10,836,000			-18,669,000		8,397,513	-3,130,000	2,470,000	-7,750,000		2,094,000	7,629,000	-102,000	161,000	2,611,000	2,439,000	-1,179,000	-839,000		-381,000	1,184,000	273,000	-1,120,000	1,128,000	995,000	-644,000	826,000	-1,459,000	767,000	1,532,000	-825,000	1,242,000	2,394,000	-575,000	-521,000	1,791,000	-23,000
benefit from loan losses												425,000	450,000				400,000			1,050,000	1,800,000	3,500,000	4,000,000	700,000	350,000	1,050,000	1,050,000	1,050,000	1,050,000	1,200,000	1,200,000	1,200,000	1,200,000	1,200,000	1,200,000	1,300,000	900,000	750,000	750,000	800,000	666,000	1,201,000	857,000	1,866,000	165,000	390,000	645,000	300,000	269,000	-2,019,798	445,000	682,000	895,000			1,040,000	165,000	293,000	165,000	135,000	120,000
net interest income after provision (credit) for loan losses												26,562,000	24,548,000	22,757,000				20,190,000
net incomees (gains) on sale of other real estate												-119,500
unrealized loss on investment securities available-for-sale												-18,197,750	-21,510,000		-32,612,000														-2,376,000
provision (credit) for loan losses														950,000	300,000			100,000
net gain on equity investment securities														-23,000	4,000	-8,998	5,000	-17,000	21,000
other comprehensive gain:
income tax (benefit) expense														-3,963,000													-248,000	-176,000	-501,000
other comprehensive income, net of income taxes														-14,907,000		6,652,337	-2,574,000	1,845,000	-5,931,000				252,000	248,000	2,394,000	1,976,000	-931,000	-663,000	-1,875,000	-248,000	769,000	177,000	-728,000	486,000	489,000	-747,000	442,000	-949,000	-42,000	317,000	-992,000	704,000	1,556,000	1,774,000	-344,000	1,117,000	-203,000	-300,000	1,905,000
net interest income after benefit from loan losses															22,331,000	-62,960,115	21,585,000			18,874,000	18,707,000	16,061,000	15,252,000	18,536,000	18,378,000	17,247,000	16,903,000	16,601,000	16,137,000	15,456,000	14,935,000	14,643,000	14,500,000	14,093,000	13,766,000	13,308,000	13,213,000	13,440,000	13,343,000	13,464,000	13,884,000	12,554,000	13,888,000	13,154,000	6,053,000	5,335,000	5,012,000	5,352,000	5,176,000	2,996,000	4,260,000	4,084,000	3,640,000	3,954,000	4,063,000	3,375,000	3,888,000	3,728,000	4,002,000	4,025,000	3,857,000
other comprehensive loss:
other comprehensive loss, net of income taxes															-26,153,000
net gain on sale of investment securities available-for-sale																																		381,000	242,000	210,000	147,000		832,000		701,000	160,000		164,000		99,000	284,000
interest rate swap (expense) revenue																		-132,000
(credit) benefit from loan losses																			-500,000
net interest income after (credit) benefit from loan losses																			21,268,000
service charges, fees and commissions																				1,584,000	1,433,000	1,605,000	2,376,000	2,161,000	2,490,000	1,999,000	1,883,000	1,885,000	2,088,000	2,156,000	1,682,000	1,572,000	1,542,000	1,527,000	1,444,000	1,560,000	1,531,000	1,542,000	1,612,000	1,669,000	1,634,000	1,557,000	1,624,000					539,000	736,000
bank owned life insurance income																				192,000	193,000	187,000
net gains on sale of investment securities available-for-sale																				457,000		267,000			23,000																							9,250	25,000
other comprehensive income :
unrealized gain (loss) on investment securities available-for-sale																				-639,000
other comprehensive income , net of income taxes																				-974,000	1,226,000	6,633,000
life insurance investment income																							141,750	189,000	192,000	186,000	190,000	191,000	187,000	193,000	195,000	189,000	199,000	202,000	193,000	198,000	192,000	188,000	189,000	213,000	109,000	267,000	189,000
net gain on sale of credit card loans																												291,000
other comprehensive gain																							319,000	314,000	3,031,000	2,502,000
net incomees (gains) on equity investment securities
net gains on investment securities																										1,000
net unrealized gain on equity investment securities																											14,000	8,000
net gain on sale of merchant services business																															2,278,000
merchant services expense																											3,000	1,000	2,000	33,000	1,033,000	730,000	890,000	748,000	632,000	637,000	823,000	650,000	533,000	514,000	662,000	495,000	565,000
net income on investment securities
income tax related to other comprehensive income																														-133,000	415,000	96,000	-392,000	261,000
acquisition related expense																																									109,000	1,008,000	608,000
september 30,
interest and dividends on investment securities available-for-sale:
benefit from income taxes																																												423,750	385,000	490,000	514,000
reclassification adjustment for gain on sales included in net income																																												250		-99,000	-284,000
other-than-temporary impairment of investment equity securities
reclassification adjustment for other-than-temporary impairment
net income on sale of other real estate owned																																															-8,000
interest on interest-bearing balances with banks																																																2,000	3,000
other than temporary investment equity securities impairment																																																-21,750	-3,000
net gains (loss) on sale of other real estate																																																418,250	90,000
unrealized gains on investment securities available-for-sale																																																1,798,000	2,908,000
reclassification adjustment for gains included in net income																																																-9,250	-25,000
reclassification adjustment for other than temporary impairment																																																21,750	3,000
income taxes related to other comprehensive income																																																-155,000	981,000
earnings																																																0.48	0.6
cash dividends declared																																																0.15	0.2
loans receivable, including fees																																																		3,819,750	5,066,000	5,226,000	4,987,000	4,956,000	4,766,000	4,880,000	4,844,000	4,996,000	4,926,000	4,927,000	5,022,000
securities:
tax exempt																																																		376,750	525,000	488,000	494,000	395,250	550,000	530,000	501,000	315,750	445,000	401,000	417,000
other																																																		5,750	9,000	9,000	5,000	10,000	4,000	5,000	15,000	49,000	45,000	6,000	6,000
deposits																																																		909,500	1,165,000	1,221,000	1,252,000	1,247,000	1,215,000	1,204,000	1,662,000	1,911,000	1,624,000	1,631,000	1,860,000
short-term borrowings																																																		-248,276	115,000	101,000	71,000	82,000	81,000	85,000	67,000	90,000	99,000	69,000	132,000
long-term borrowings																																																		-1,112,664	355,000	393,000	392,000	404,000	405,000	404,000	402,000	415,000	433,000	448,000	442,000
other income:
customer service fees																																																		386,500	532,000	524,000	490,000	549,000	472,000	479,000	450,000	510,000	518,000	509,000	469,000
investment division commission income																																																		60,000	81,000	99,000	60,000	57,000	59,000	119,000	106,000	116,000	135,000	76,000	84,000
earnings on investment in life insurance																																																		61,250	81,000	82,000	82,000	87,000	85,000	82,000	88,000	69,000	72,000	76,000	79,000
other income																																																		-857,710	264,000	140,000	458,000	-222,000	195,000	330,000	164,000	202,000	141,000	141,000	122,000
income from other real estate																																																		90,500	75,000
net realized gains on sales of securities available for sale																																																		55,750	22,000	179,000	22,000	159,000	-1,169,000	339,000	179,000	105,000	7,000	-10,000	26,000
other than temporary equity security impairment																																																		-35,000	-140,000
total other income																																																		834,500	915,000	1,024,000	1,112,000	998,000	-358,000	1,289,000	911,000	880,000	-3,996,000	709,000	598,000
other incomes:
salaries and employee benefits																																																		1,049,000	1,490,000	1,395,000	1,311,000	1,446,000	1,380,000	1,365,000	1,341,000	1,185,000	1,306,000	1,130,000	1,210,000
occupancy																																																		161,500	213,000	196,000	237,000	186,000	189,000	200,000	239,000	188,000	173,000	174,000	198,000
equipment																																																		101,250	143,000	139,000	123,000	136,000	135,000	131,000	144,000	137,000	117,000	114,000	125,000
fdic insurance and other assessments																																																		139,250	190,000
computer services and supplies																																																		206,500	285,000	279,000	262,000	190,500	236,000	279,000	247,000	181,000	263,000	230,000	231,000
taxes, other than payroll and income																																																		72,250	96,000	123,000	70,000	48,000	88,000	114,000	96,000	137,000	86,000	87,000	90,000
amortization expense-deposit acquisition premiums																																																		48,500	65,000	64,000	65,000	48,500	65,000	64,000	65,000	48,500	65,000	64,000	65,000
advertising																																																		81,000	115,000	112,000	97,000
stationary and printing supplies																																																		71,750	90,000	102,000	95,000	90,000	84,000	93,000	90,000	97,000	93,000	92,000	78,000
penalty assessment-long term borrowings																																																		149,250	597,000
total other incomes																																																		2,512,500	3,503,000	3,223,000	3,037,000	3,067,000	2,942,000	3,218,000	2,921,000	2,771,000	2,731,000	2,514,000	2,661,000
income taxes																																																		207,500	272,000	361,000	197,000	131,750	-23,000	193,000	357,000	-66,000	-1,159,000	516,000	379,000
net income per share																																																		0.355	0.45	0.49	0.48	0.285	0.25	0.4	0.49	0.125	-0.5	0.54	0.45
other than temporary impairment – equity securities
provision for loan losses																																																						365,000	165,000
other than temporary security impairment																																																						-34,000		-60,000	-76,000			-83,000	-182,000
other expenses:
income (loss) before income taxes																																																						1,021,750	763,000
realized gain on sale of interest in insurance agency
other than temporary security impairments																																																										-122,000	-4,869,000
impairment charge – other real estate owned
income																																																										322,250	-2,725,000

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31


assets:
cash and cash equivalents																																																							31,207,000	41,128,000	27,189,000		18,116,000	13,254,000	11,931,000		27,942,000	10,275,000	9,006,000
cash and due from banks	62,133,000	60,173,000	60,125,000	47,029,000	97,090,000	41,234,000	32,009,000		39,285,000	37,774,000	31,354,000		35,000,000	39,693,000	35,863,000	30,415,000	33,662,000	41,789,000	30,786,000		42,940,000	27,146,000	22,181,000		35,908,000	26,615,000	24,364,000	40,458,000	35,249,000	26,699,000	31,839,000	41,026,000	31,511,000		31,620,000	29,805,000	23,699,000		36,015,000	28,847,000	24,193,000	24,656,000	21,179,000	51,416,000	26,204,000	30,004,000	12,724,000	8,084,000	8,563,000		9,787,000	12,736,000	9,661,000	7,483,000	10,459,000	7,447,000	7,077,000	6,302,000	8,366,000	6,888,000	5,773,000	6,851,000	10,458,000	9,464,000	8,185,000	6,639,000
interest-bearing deposits in other banks	9,492,000	9,646,000	9,196,000	8,593,000	10,286,000	8,722,000	8,259,000		9,550,000	5,814,000	7,129,000		8,410,000	8,040,000	4,440,000	7,093,000	7,425,000	10,262,000	8,432,000		20,972,000	14,788,000	13,146,000		5,275,000	3,347,000	1,688,000	137,000	130,000	76,000	1,067,000	375,000	304,000		294,000	272,000	299,000		4,970,000	6,710,000	6,813,000	6,770,000	6,932,000	10,592,000	7,168,000	11,846,000	41,000	1,175,000	1,075,000
federal funds sold	108,298,000	105,920,000	7,781,000	80,229,000	178,093,000		69,700,000	98,535,000	205,700,000	93,100,000	102,100,000	53,056,000	69,600,000		101,200,000	242,425,000	319,500,000	196,000,000	264,100,000		102,300,000	10,000,000			10,100,000																8,625,000		6,100,000	15,400,000	45,840,000	9,460,000	11,755,000	13,130,000			17,174,000	9,357,000	15,791,000		20,678,000	33,615,000	19,222,000		8,966,000	5,597,000	4,894,000		16,695,000
total cash and cash equivalents	179,923,000	175,739,000	77,102,000	135,851,000	285,469,000	49,956,000	109,968,000		254,535,000	136,688,000	140,583,000		113,010,000	47,733,000	141,503,000	279,933,000
investment securities:
available for sale: amortized cost of 568,633 and 575,288, respectively, net of allowance for credit losses of 0 at september 30, 2025 and december 31, 2024	534,521,000
held to maturity: fair value of 63,545 and 65,152, respectively, net of allowance for credit losses of 0 at september 30, 2025 and december 31, 2024	73,286,000
equity investments carried at fair value	2,473,000	2,494,000	2,501,000	2,430,000	3,921,000	78,000	91,000		92,000	92,000	81,000		103,000	121,000	144,000	140,000	147,000	142,000	159,000		341,000	338,000	299,000		297,000	283,000	292,000	291,000	278,000	189,000
total investment securities	610,280,000	582,812,000	582,233,000	606,943,000	646,268,000	466,916,000	477,810,000		468,565,000	484,129,000	507,911,000		570,464,000	608,478,000	631,455,000	588,674,000	494,367,000	343,695,000	341,078,000		255,042,000	295,448,000	310,703,000		276,928,000	269,917,000	278,838,000	283,636,000	284,108,000	280,595,000	268,702,000	266,642,000	274,824,000		260,777,000	262,644,000	275,856,000		312,939,000	332,416,000	294,472,000	354,251,000	366,089,000	328,238,000	318,833,000	317,010,000
loans	4,016,367,000	3,997,525,000	3,991,539,000	3,993,505,000	4,069,683,000	2,869,553,000	2,858,412,000	1,496,000	2,870,969,000	2,843,238,000	2,818,043,000	1,352,000	2,623,706,000	2,565,579,000	2,397,681,000	2,329,173,000	2,205,661,000	2,236,826,000	2,179,534,000		2,188,463,000	2,181,909,000	2,023,155,000		1,881,090,000	1,858,799,000	1,849,602,000	1,779,445,000	1,753,389,000	1,725,781,000	1,632,515,000	1,597,362,000	1,559,867,000		1,522,391,000	1,464,808,000	1,409,691,000		1,270,545,000	1,231,541,000	1,237,168,000	1,209,894,000	1,179,942,000	1,179,847,000	1,177,122,000	1,176,617,000	505,109,000	457,054,000	459,223,000		427,249,000	426,655,000	407,842,000	575,000	371,667,000	370,437,000	355,505,000		324,920,000	318,569,000	319,084,000		300,697,000	297,985,000	295,039,000
less: allowance for credit losses	39,843,000	40,890,000	41,054,000	41,776,000	39,341,000	23,123,000	22,597,000	24,377,000	23,010,000	23,218,000	25,444,000
net loans	3,976,524,000	3,956,635,000	3,950,485,000	3,951,729,000	4,030,342,000	2,846,430,000	2,835,815,000		2,847,959,000	2,820,020,000	2,792,599,000		2,593,884,000	2,536,205,000	2,369,274,000	2,300,790,000	2,178,968,000	2,210,087,000	2,152,751,000	2,150,638,000	2,161,879,000	2,154,952,000	1,997,469,000	1,915,563,000	1,858,698,000	1,836,869,000	1,827,497,000	1,759,032,000	1,733,816,000	1,706,063,000	1,613,684,000	1,579,560,000	1,542,898,000	1,517,004,000	1,506,679,000	1,450,009,000	1,395,533,000	1,327,890	1,258,502,000	1,220,113,000	1,226,365,000	1,199,556,000	1,169,771,000	1,170,225,000	1,168,263,000	1,167,966,000	498,274,000	451,138,000	453,634,000	439,754	422,130,000	421,502,000	403,486,000					332,966,000
loans held for sale	816,000	547,000	420,000		803,000		300,000						653,000	681,000	161,000	408,000	997,000	1,545,000	458,000		2,161,000	1,939,000	270,000		1,390,000	831,000		98,000			460,000		444,000		360,000		78,000		3,439,000	2,879,000	3,101,000	3,486,000	2,961,000	2,757,000	1,816,000	1,757,000	3,616,000	2,242,000	2,724,000		1,206,000	92,000	517,000
goodwill	75,986,000	75,986,000	75,986,000	75,986,000	76,958,000	63,370,000	63,370,000		63,370,000	63,370,000	63,370,000		63,370,000	63,370,000	63,370,000	63,370,000	63,370,000	63,370,000	63,370,000		63,370,000	63,370,000	63,370,000		63,370,000	63,370,000	63,370,000	63,370,000	63,370,000	63,370,000	63,370,000	63,370,000	63,370,000		63,370,000	63,370,000	63,370,000		63,370,000	63,370,000	63,370,000	63,370,000	63,370,000	63,370,000	63,370,000	63,370,000
premises and equipment	77,009,000	76,896,000	72,492,000	73,283,000	75,877,000	58,565,000	59,097,000		61,936,000	57,712,000	56,561,000		54,394,000	53,094,000	51,977,000	51,502,000	50,682,000	46,305,000	46,777,000		47,926,000	48,378,000	48,619,000		47,437,000	46,468,000	44,728,000	37,467,000	37,148,000	37,511,000	37,373,000	35,892,000	34,967,000		33,049,000	29,510,000	29,386,000		27,002,000	26,552,000	26,117,000	25,433,000	25,692,000	25,670,000	25,579,000	26,119,000	8,621,000	8,716,000	8,235,000		8,039,000	8,171,000	8,361,000	7,161,000				6,507,000			7,447,000	6,227,000			6,349,000	5,712,000
bank owned life insurance	88,175,000	87,635,000	87,953,000	87,429,000	87,401,000	49,955,000	49,673,000		49,123,000	48,857,000	48,598,000		48,235,000	47,968,000	43,828,000	42,754,000	42,734,000	42,750,000	42,530,000																																				8,269,000	8,188,000	8,106,000		8,166,000	8,081,000	7,999,000		7,841,000	7,769,000	7,693,000
deferred tax assets	30,025,000	31,647,000	32,628,000	35,688,000	33,078,000	14,460,000	14,241,000		17,956,000	16,258,000	16,015,000
accrued interest receivable	16,995,000	15,854,000	16,436,000	15,632,000	17,979,000	13,326,000	13,565,000		12,769,000	11,406,000	11,678,000		10,082,000	9,303,000	9,221,000	8,528,000	8,280,000	7,844,000	8,206,000		8,595,000	8,368,000	7,283,000		6,655,000	7,303,000	7,211,000	6,565,000	6,802,000	6,482,000	5,908,000	6,206,000	5,604,000		5,309,000	5,952,000	5,455,000		5,327,000	5,507,000	4,922,000	5,580,000	5,381,000	5,576,000	5,366,000	5,866,000	3,395,000	2,903,000	3,472,000		3,240,000	3,272,000	3,020,000		3,062,000	2,769,000	2,970,000		2,546,000	2,733,000	2,634,000		2,406,000	2,756,000	2,508,000
intangible assets	29,239,000	30,778,000	32,488,000	34,197,000	35,907,000				19,000	48,000	77,000		179,000	276,000	372,000	468,000	584,000	710,000	835,000		1,104,000	1,257,000	1,411,000		1,738,000	1,921,000	2,104,000	2,507,000	2,727,000	2,948,000	3,427,000	3,685,000	3,944,000		4,498,000	4,795,000	5,091,000		4,606,000	4,901,000	5,197,000	5,501,000	5,826,000	6,159,000	6,492,000	6,835,000									366,000	431,000	495,000		624,000	689,000	754,000		883,000	947,000	1,012,000
other assets	74,664,000	73,350,000	71,135,000	74,919,000	70,056,000	53,077,000	45,299,000	211,618,000	49,567,000	43,287,000	41,079,000	210,392,000	62,535,000	54,431,000	41,640,000	33,056,000	32,956,000	33,379,000	36,146,000	429,890,000	99,373,000	74,778,000	79,320,000	221,207,000	65,200,000	67,625,000	68,144,000	64,573,000	72,276,000	66,644,000	66,406,000	68,002,000	65,640,000	212,511,000	65,283,000	65,253,000	63,603,000	194,124	56,600,000	56,460,000	50,786,000	53,066,000	51,477,000	51,703,000	49,330,000	47,988,000	20,984,000	22,730,000	21,164,000	41,751	15,616,000	16,347,000	18,780,000	20,662,000	3,858,000	5,492,000	6,831,000	21,642,000	4,075,000	6,082,000	6,406,000	19,741,000	6,923,000	3,843,000	2,972,000	17,690,000
total assets	5,159,636,000	5,107,879,000	4,999,358,000	5,091,657,000	5,360,138,000	3,616,055,000	3,669,138,000	3,683,215,000	3,825,799,000	3,681,775,000	3,678,471,000	3,413,985,000	3,516,806,000	3,421,539,000	3,352,801,000	3,369,483,000	3,233,525,000	2,997,736,000	2,995,469,000	2,883,802,000	2,805,662,000	2,700,424,000	2,543,772,000	2,475,327,000	2,372,699,000	2,324,266,000	2,317,944,000	2,257,843,000	2,235,626,000	2,190,388,000	2,092,236,000	2,064,758,000	2,023,506,000	1,999,442,000	1,971,239,000	1,911,610,000	1,862,370,000	1,819,058	1,772,770,000	1,747,755,000	1,713,961,000	1,741,669,000	1,724,778,000	1,731,106,000	1,718,261,000	1,688,221,000	714,426,000	638,714,000	631,749,000	621,404	607,155,000	586,580,000	570,328,000	548,483,000	564,563,000	559,193,000	541,451,000	516,483,000	472,016,000	462,606,000	460,362,000	447,714,000	461,188,000	443,651,000	438,345,000	416,803,000
liabilities:
deposits:
noninterest-bearing	912,044,000	899,597,000	901,398,000	935,516,000	717,565,000	620,971,000	623,408,000		691,071,000	713,375,000	746,089,000		769,935,000	747,558,000	759,986,000	737,756,000	712,601,000	672,274,000	661,262,000		579,196,000	575,206,000	467,315,000		440,582,000	419,995,000	432,830,000	404,293,000	400,518,000	394,729,000	372,146,000	356,435,000	358,538,000		342,782,000	323,785,000	323,456,000		303,741,000	296,823,000	305,037,000	313,498,000	302,279,000	295,922,000	282,060,000	279,942,000	117,170,000	96,692,000	97,353,000		84,572,000	78,216,000	76,958,000
interest-bearing	3,377,687,000	3,387,752,000	3,415,529,000	3,472,036,000	3,920,299,000	2,443,988,000	2,580,530,000		2,674,012,000	2,516,106,000	2,489,878,000		2,354,205,000	2,163,725,000	2,204,878,000	2,225,641,000	2,128,318,000	1,939,492,000	1,889,154,000		1,777,688,000	1,634,918,000	1,542,680,000		1,560,703,000	1,456,804,000	1,435,400,000	1,423,571,000	1,318,343,000	1,325,289,000	1,315,709,000	1,282,998,000	1,257,006,000		1,223,028,000	1,173,078,000	1,152,003,000		1,140,909,000	1,127,944,000	1,111,241,000	1,112,060,000	1,123,349,000	1,126,880,000	1,122,006,000	1,099,565,000	504,630,000	441,419,000	404,779,000		401,588,000	392,353,000	376,614,000
total deposits	4,289,731,000	4,287,349,000	4,316,927,000	4,407,552,000	4,637,864,000	3,064,959,000	3,203,938,000		3,365,083,000	3,229,481,000	3,235,967,000		3,124,140,000	2,911,283,000	2,964,864,000	2,963,397,000	2,840,919,000	2,611,766,000	2,550,416,000		2,356,884,000	2,210,124,000	2,009,995,000		2,001,285,000	1,876,799,000	1,868,230,000	1,827,864,000	1,718,861,000	1,720,018,000	1,687,855,000	1,639,433,000	1,615,544,000		1,565,810,000	1,496,863,000	1,475,459,000		1,444,650,000	1,424,767,000	1,416,278,000	1,425,558,000	1,425,628,000	1,422,802,000	1,404,066,000	1,379,507,000	621,800,000	538,111,000	502,132,000		486,160,000	470,569,000	453,572,000		436,126,000	434,549,000	429,391,000	410,038,000	366,215,000	360,376,000	360,019,000		364,059,000	338,876,000	331,292,000
short-term borrowings	76,310,000	76,340,000	14,840,000	15,900,000	37,346,000	104,250,000	20,260,000	38,331,000	27,020,000	19,530,000	17,280,000	42,680,000	14,700,000	129,170,000					51,980,000	50,000,000	50,000,000	50,000,000	164,150,000	152,150,000		82,700,000	109,000,000	99,450,000	187,450,000	142,500,000	71,900,000	91,500,000	77,475,000	82,700,000	75,300,000	86,300,000	60,350,000	38,325	30,250,000	25,860,000		19,557,000	6,514,000	14,088,000	22,539,000	22,052,000	17,854,000	13,233,000	45,375,000	43,791	38,892,000	36,352,000	35,293,000		42,014,000	34,135,000	24,044,000	20,439,000	19,991,000	20,022,000	18,832,000		17,218,000	17,624,000	19,367,000
long-term debt	137,029,000	103,449,000	88,403,000	98,637,000	111,489,000	25,000,000	25,000,000	19,448,000	25,000,000	25,000,000	25,000,000	1,634,000	1,104,000	1,646,000	2,182,000	2,711,000	3,235,000	3,752,000	14,264,000	14,769,000	20,269,000	60,938,000	32,250,000	32,733,000	52,509,000	52,980,000	37,446,000	48,461,000	48,911,000	49,265,000	50,199,000	57,160,000	57,615,000	58,134,000	58,685,000	59,232,000	59,773,000	60,354	31,000,000	31,663,000	32,318,000	33,140,000	34,020,000	34,925,000	35,838,000	36,743,000	2,507,000	18,533,000	18,731,000	18,927	21,620,000	21,862,000	27,100,000
subordinated debt	83,111,000	83,164,000	33,000,000	33,000,000	33,000,000	33,000,000	33,000,000	33,000,000				33,000,000								33,000,000
junior subordinated debt	8,114,000	8,088,000	8,063,000	8,039,000	8,015,000
accrued interest payable	7,976,000	4,640,000	5,439,000	5,503,000	6,829,000	5,507,000	5,327,000		4,777,000	4,701,000	2,304,000		1,129,000	1,269,000	844,000	408,000	872,000	469,000	1,120,000		1,289,000	872,000	1,336,000		1,461,000	1,058,000	878,000	745,000	538,000	518,000	481,000	431,000	457,000		434,000	453,000	506,000		496,000	443,000	460,000	574,000	597,000	580,000	610,000	723,000	219,000	248,000	244,000		282,000	307,000	398,000		373,000	382,000	470,000		430,000	438,000	1,038,000		964,000	1,201,000	1,350,000
other liabilities	48,105,000	50,753,000	50,832,000	54,076,000	50,544,000	42,532,000	41,621,000	44,786,000	46,529,000	38,276,000	36,286,000	34,517,000	40,923,000	33,274,000	31,450,000	29,841,000	27,767,000	23,858,000	27,358,000	32,043,000	30,597,000	33,446,000	29,978,000	19,945,000	21,277,000	19,146,000	17,821,000	8,352,000	10,322,000	11,463,000	15,505,000	12,725,000	13,096,000	13,233,000	14,570,000	14,437,000	14,837,000	15,801	14,286,000	14,618,000	15,447,000	16,061,000	11,950,000	14,546,000	12,643,000	10,404,000	3,760,000	4,713,000	4,106,000	4,790	1,178,000	1,220,000	1,471,000	4,037,000	2,516,000	2,699,000	2,355,000	2,916,000	1,205,000	1,287,000	1,389,000	3,173,000	1,532,000	1,378,000	1,228,000	2,604,000
total liabilities	4,650,376,000	4,613,783,000	4,517,504,000	4,622,707,000	4,885,087,000	3,275,248,000	3,329,146,000		3,501,409,000	3,349,988,000	3,349,837,000		3,214,996,000	3,109,642,000	3,032,340,000	3,029,357,000	2,905,793,000	2,672,845,000	2,678,138,000		2,492,039,000	2,388,380,000	2,237,709,000		2,076,532,000	2,032,683,000	2,033,375,000	1,984,872,000	1,966,082,000	1,923,764,000	1,825,940,000	1,801,249,000	1,764,187,000		1,714,799,000	1,657,285,000	1,610,925,000		1,520,682,000	1,497,351,000	1,464,503,000	1,494,890,000	1,478,709,000	1,486,941,000	1,475,696,000	1,449,429,000	646,140,000	574,838,000	570,588,000		548,132,000	530,310,000	517,834,000		511,598,000	510,064,000	494,786,000		426,813,000	421,314,000	420,685,000		423,777,000	401,895,000	396,361,000
stockholders’ equity:
common stock	20,015,000	20,015,000	20,014,000	19,995,000	19,993,000	14,122,000	14,122,000		14,093,000	14,272,000	14,323,000		14,330,000	14,346,000	14,352,000	14,341,000	14,356,000	14,407,000	14,423,000		14,468,000	14,649,000	14,670,000		14,778,000	14,798,000	14,798,000	14,798,000	14,798,000	14,793,000	14,793,000	14,792,000	14,792,000		14,788,000	14,788,000	14,799,000		15,038,000			15,097,000					6,683,000	6,683,000	6,683,000		6,683,000	6,672,000	6,683,000		6,683,000	6,683,000	6,683,000		6,683,000	6,683,000	6,683,000		6,683,000	6,683,000	6,683,000
capital surplus	250,735,000	250,468,000	250,488,000	250,695,000	250,578,000	122,449,000	122,162,000		121,870,000	125,371,000	126,231,000		126,845,000	126,986,000	127,192,000	127,549,000	127,826,000	128,719,000	128,854,000		130,038,000	133,002,000	133,159,000		135,106,000	135,384,000	135,393,000	135,226,000	135,143,000	135,080,000	134,988,000	134,937,000	134,884,000		134,853,000	134,835,000	134,994,000		139,263,000	140,045,000	140,232,000	140,214,000	140,150,000	140,150,000	146,035,000	146,109,000	3,194,000	3,155,000	3,147,000		3,141,000	3,122,000	3,122,000
retained earnings	267,686,000	258,601,000	247,806,000	238,955,000	239,021,000	249,511,000	249,123,000		247,857,000	244,017,000	237,522,000		224,238,000	217,139,000	210,584,000	203,750,000	190,061,000	183,702,000	177,836,000		165,437,000	159,739,000	154,806,000		149,740,000	145,106,000	140,478,000	132,631,000	128,356,000	124,841,000	119,971,000	116,988,000	113,621,000		108,677,000	105,852,000	103,288,000		99,165,000	97,093,000	95,000,000	92,297,000	90,252,000	87,356,000	86,365,000	84,008,000	61,956,000	54,738,000	53,108,000		50,173,000	48,938,000	47,219,000		44,634,000	43,862,000	42,965,000		41,149,000	40,959,000	40,301,000		38,484,000	40,646,000	39,571,000
accumulated other comprehensive loss	-29,176,000	-34,988,000	-36,454,000	-40,695,000	-34,541,000	-45,275,000	-45,415,000		-59,430,000	-51,873,000	-49,442,000		-63,603,000	-46,574,000	-31,667,000										-3,457,000	-3,705,000	-6,100,000	-9,684,000	-8,753,000	-8,090,000	-3,456,000	-3,208,000	-3,978,000		-1,878,000	-1,150,000	-1,636,000		-1,378,000	-1,820,000	-871,000	-829,000				-698,000							-59,000			-21,000	-1,499,000		-1,105,000	-4,826,000	-5,726,000		-6,173,000	-3,932,000	-2,502,000
total stockholders’ equity	509,260,000	494,096,000	481,854,000	468,950,000	475,051,000	340,807,000	339,992,000		324,390,000	331,787,000	328,634,000		301,810,000	311,897,000	320,461,000	340,126,000	327,732,000	324,891,000	317,331,000		313,623,000	312,044,000	306,063,000		296,167,000	291,583,000	284,569,000	272,971,000	269,544,000	266,624,000	266,296,000	263,509,000	259,319,000		256,440,000	254,325,000	251,445,000		252,088,000	250,404,000	249,458,000	246,779,000	246,069,000	244,165,000	242,565,000	238,792,000	68,286,000	63,876,000	61,161,000
total liabilities and stockholders’ equity	5,159,636,000	5,107,879,000	4,999,358,000	5,091,657,000	5,360,138,000	3,616,055,000	3,669,138,000	3,683,215,000	3,825,799,000	3,681,775,000	3,678,471,000	3,413,985,000	3,516,806,000	3,421,539,000	3,352,801,000	3,369,483,000	3,233,525,000	2,997,736,000	2,995,469,000	2,883,802,000	2,805,662,000	2,700,424,000	2,543,772,000	2,475,327,000	2,372,699,000	2,324,266,000	2,317,944,000	2,257,843,000	2,235,626,000	2,190,388,000	2,092,236,000	2,064,758,000	2,023,506,000	1,999,442,000	1,971,239,000	1,911,610,000	1,862,370,000	1,819,058	1,772,770,000	1,747,755,000	1,713,961,000	1,741,669,000	1,724,778,000	1,731,106,000	1,718,261,000	1,688,221,000	714,426,000	638,714,000	631,749,000	621,404	607,155,000	586,580,000	570,328,000		564,563,000	559,193,000	541,451,000		472,016,000	462,606,000	460,362,000		461,188,000	443,651,000	438,345,000
available for sale: amortized cost of 546,709 and 575,288, respectively, net of allowance for credit losses of 0 at june 30, 2025 and december 31, 2024		505,181,000
held to maturity: fair value of 64,253 and 65,152, respectively, net of allowance for credit losses of 0 at june 30, 2025 and december 31, 2024		75,137,000
available for sale: amortized cost of 546,430 and 575,288, respectively, net of allowance for credit losses of 0 at march 31, 2025 and december 31, 2024			503,043,000
held to maturity: fair value of 64,775 and 65,152, respectively, net of allowance for credit losses of 0 at march 31, 2025 and december 31, 2024			76,689,000
available for sale: amortized cost of 575,288 and 450,454, respectively, net of allowance for credit losses of 0 at december 31, 2024 and december 31, 2023				526,329,000
held to maturity: fair value of 65,152 and 71,698, respectively, net of allowance for credit losses of 0 at december 31, 2024 and december 31, 2023				78,184,000
available for sale: amortized cost of 601,270 and 450,454, respectively, net of allowance for credit losses of 0 at september 30, 2024 and december 31, 2023					562,486,000
held to maturity: fair value of 69,034 and 71,698, respectively, net of allowance for credit losses of 0 at september 30, 2024 and december 31, 2023					79,861,000
available for sale: amortized cost of 439,189 and 450,454, respectively, net of allowance for credit losses of 0 at june 30, 2024 and december 31, 2023						385,240,000
held to maturity: fair value of 68,224 and 71,698, respectively, net of allowance for credit losses of 0 at june 30, 2024 and december 31, 2023						81,598,000
available for sale: amortized cost of 448,381 and 450,454, respectively, net of allowance for credit losses of 0 at march 31, 2024 and december 31, 2023							394,413,000
held to maturity: fair value of 69,989 and 71,698, respectively, net of allowance for credit losses of 0 at march 31, 2024 and december 31, 2023							83,306,000
earning assets:
loans:
taxable								2,605,927,000				2,306,455,000																																										82,923,000				53,945,000				67,897,000				65,438,000
tax-exempt								225,839,000				216,195,000
total loans								2,831,766,000				2,522,650,000																																										364,268,000				322,082,000				298,735,000				278,119,000
investments:
total investments								559,300,000				648,649,000																																														130,506,000
interest-bearing deposits								6,373,000				8,536,000
total interest-earning assets								3,495,974,000
liabilities and stockholders’ equity:
interest-bearing liabilities:
money market accounts								714,940,000				624,528,000
interest-bearing demand and now accounts								779,977,000
savings accounts								474,028,000				520,770,000
time deposits less than 100								349,990,000				127,801,000
time deposits 100 or more								200,743,000				162,998,000
total interest-bearing deposits								2,519,678,000				2,227,750,000
total borrowings								90,779,000				77,314,000
total interest-bearing liabilities								2,610,457,000				2,305,064,000
noninterest-bearing deposits								698,749,000				753,399,000
stockholders’ equity								329,223,000				321,005,000								316,877,000				299,010,000										256,618,000				248,768												59,613				46,769,000				40,005,000
net interest income/spread								88,671,000				97,650,000																																										20,698,000
net interest margin								2,540				3,020																																										4,000								4,250				3,820
tax-equivalent adjustments:
investments								421,000				549,000																																										1,044,000
total adjustments								1,917,000				1,901,000																																										1,619,000
available-for-sale									382,227,000	395,826,000	418,125,000		477,590,000	513,911,000	535,482,000	517,321,000	461,372,000	336,449,000	333,753,000		247,404,000	287,709,000	302,884,000		268,823,000	261,665,000	270,384,000	274,794,000	275,050,000	271,378,000	259,138,000	256,774,000	264,644,000		249,913,000	251,382,000	264,175,000		299,832,000	318,790,000	280,300,000	339,586,000	350,825,000	312,323,000	302,226,000	299,715,000
held-to-maturity: fair value september 30, 2023, 68,808; december 31, 2022, 76,563									86,246,000
subordinated debentures									33,000,000	33,000,000	33,000,000		33,000,000	33,000,000	33,000,000	33,000,000	33,000,000	33,000,000	33,000,000		33,000,000	33,000,000
held-to-maturity: fair value june 30, 2023, 74,013; december 31, 2022, 76,563										88,211,000
held-to-maturity: fair value march 31, 2023, 77,073; december 31, 2022, 76,563											89,705,000
total interest earning assets												3,232,891,000
less: allowance for loan losses												29,298,000	29,822,000	29,374,000	28,407,000	28,383,000	26,693,000	26,739,000	26,783,000		26,584,000	26,957,000	25,686,000		22,392,000	21,930,000	22,105,000	20,413,000	19,573,000	19,718,000	18,831,000	17,802,000	16,969,000		15,712,000	14,799,000	14,158,000		12,043,000	11,428,000	10,803,000	10,338,000	10,171,000	9,622,000	8,859,000	8,651,000	6,835,000	5,916,000	5,589,000		5,119,000	5,153,000	4,356,000	3,882,000				-2,969,000				-2,599,000
now accounts												791,653,000
held-to-maturity: fair value september 30, 2022, 78,512; december 31, 2021, 70,446													92,771,000
held-to-maturity: fair value june 30, 2022, 84,076; december 31, 2021, 70,446														94,446,000
held-to-maturity: fair value march 31, 2022, 89,280; december 31, 2021, 70,446															95,829,000
held-to-maturity: fair value december 31, 2021, 70,446; december 31, 2020, 7,513																71,213,000
accumulated other comprehensive income																-5,514,000	-4,511,000	-1,937,000	-3,782,000		3,680,000	4,654,000	3,428,000																				570,000	1,562,000	858,000		2,694,000	4,559,000	3,442,000		3,945,000	2,040,000			3,043,000
cash and due from banks:
total cash and due from banks																	360,587,000	248,051,000	303,318,000		166,212,000	51,934,000	35,327,000		41,183,000	29,962,000	26,052,000	40,595,000	35,379,000	26,775,000	32,906,000	41,401,000	31,815,000
held-to-maturity: fair value september 30, 2021, 32,556; december 31, 2020, 7,513																	32,848,000
held-to-maturity: fair value june 30, 2021, 7,294; december 31, 2020, 7,513																		7,104,000
held-to-maturity: fair value march 31, 2021, 7,389; december 31, 2020, 7,513																			7,166,000
condensed statements of financial performance:
interest income																				94,125,000				93,381,000										68,984,000				63,041												27,350
interest expense																				14,324,000				17,868,000										7,251,000				6,037												5,639
net interest income																				79,801,000				75,513,000										61,733,000				57,004												21,711								18,602,000
benefit from loan losses																				7,400,000				6,100,000										5,000,000				3,700												1,794
net interest income after benefit from loan losses																				72,401,000				69,413,000										56,733,000				53,304												19,917
noninterest income																				16,642,000				15,120,000										15,888,000				15,719												5,567
noninterest expense																				54,868,000				55,642,000										48,030,000				46,779												15,310
income before income taxes																				34,175,000				28,891,000										24,591,000				22,244												10,174
benefit from income tax expense																				4,821,000				3,155,000										5,008,000				4,521												2,357
net income																				29,354,000				25,736,000										19,583,000				17,723												7,817								5,049,000
condensed statements of financial position:
investment securities																				303,274,000				338,557,000										269,927,000				297,044												139,899
deposits																				2,437,113,000				1,971,489,000										1,588,757,000				1,455,810												494,283
per share data:
net income - basic																				4,020
net income - diluted																				4,000
cash dividends declared																				1,440				1,370										1,240				1.24												0.8
cash dividends declared as a percentage of net income																				35,830				39,370										46,790				52.54												32.28
average common shares outstanding - basic																				7,304,956,000
average common shares outstanding - diluted																				7,337,843,000
selected ratios
net income as a percentage of total assets																				1,090				1,100										1,020				1.02												1.33
net income as a percentage of stockholders’ equity																				9,480				8,870										7,640				7.13												14.8
stockholders’ equity as a percentage of total assets																				11,480				12,370										13,360				14.26												8.99
tier i capital as a percentage of adjusted total assets																				9,280				10,140										10,160				10.8												9.42
net interest income as a percentage of earning assets																				3,250				3,580										3,770				3.81												4.18
loans, net, as a percentage of deposits																				95,700				96,830										95,810				87.55												89.7
selected ratios and data
tier i capital as a percentage of risk-weighted assets																				12,160				11,900										12,490				13.52												11.57
total capital as a percentage of risk-weighted assets																				15,100				13,040										13,510				14.47												12.69
allowance for loan losses as a percentage of loans																				1,260				1,170										1,040				0.97												1.2
nonperforming loans as a percentage of loans																				450				520										900				0.86												2.3
held-to-maturity: fair value september 30, 2020, 7,611; december 31, 2019, 7,889																					7,297,000
held-to-maturity: fair value june 30, 2020, 7,717; december 31, 2019, 7,889																						7,401,000
held-to-maturity: fair value march 31, 2020, 7,687; december 31, 2019, 7,889																							7,520,000
average common shares outstanding																								7,395,429,000										7,396,716,000				7,516,451												3,136,663
held-to-maturity: fair value september 30, 2019, 8,016; december 31, 2018, 8,380																									7,808,000
held-to-maturity: fair value june 30, 2019, 8,151; december 31, 2018, 8,380																										7,969,000
held-to-maturity: fair value march 31, 2019, 8,310; december 31, 2018, 8,380																											8,162,000
held-to-maturity: fair value september 30, 2018, 8,435; december 31, 2017, 9,547																												8,551,000
held-to-maturity: fair value june 30, 2018, 8,758; december 31, 2017, 9,547																													8,780,000
held-to-maturity: fair value march 31, 2018, 9,104; december 31, 2017, 9,547																														9,028,000
held-to-maturity: fair value september 30, 2017, 9,912; december 31, 2016, 10,714																															9,564,000
held-to-maturity: fair value june 30, 2017, 10,221; december 31, 2016, 10,714																																9,868,000
held-to-maturity: fair value march 31, 2017, 10,359; december 31, 2016, 10,714																																	10,180,000
held-to-maturity: fair value september 30, 2016, 11,546; december 31, 2015, 12,606																																			10,864,000
held-to-maturity: fair value june 30, 2016, 12,065; december 31, 2015, 12,606																																				11,262,000
held-to-maturity: fair value march 31, 2016, 12,322; december 31, 2015, 12,606																																					11,681,000
held-to-maturity: fair value september 30, 2015, 13,582; december 31, 2014, 15,215																																							13,107,000
held-to-maturity: fair value june 30, 2015, 14,104; december 31, 2014, 15,215																																								13,626,000
common stock: par value 2.00, authorized 25,000,000 shares; june 30, 2015, issued and outstanding 7,542,725 shares; december 31, 2014, issued and outstanding 7,548,358 shares																																								15,086,000
held-to-maturity: fair value march 31, 2015, 14,729; december 31, 2014, 15,215																																									14,172,000
common stock: par value 2.00, authorized 25,000,000 shares; issued 7,548,358 shares																																									15,097,000
held-to-maturity: fair value 2014, 15,215; 2013, 17,175																																										14,665,000
less: treasury stock, at cost: 2013, 253,845 shares																																														6,241,000
held-to-maturity: fair value september 30, 2014, 15,516; december 31, 2013, 17,175																																											15,264,000
common stock: par value 2.00, authorized 25,000,000 shares; september 30, 2014, issued 7,548,358 shares; december 31, 2013, issued 7,806,789 shares																																											15,097,000
less: treasury stock, at cost: december 31, 2013, 253,845 shares
held-to-maturity: fair value june 30, 2014, 16,072; december 31, 2013, 17,175																																												15,915,000
common stock: par value 2.00, authorized 25,000,000 shares; june 30, 2014, issued 7,548,358 shares; december 31, 2013, issued 7,806,789 shares																																												15,097,000
held-to-maturity: fair value march 31, 2014, 16,597; december 31, 2013, 17,175																																													16,607,000
common stock: par value 2.00, authorized 25,000,000 shares; march 31, 2014, issued 7,803,403 shares; december 31, 2013, issued 7,806,789 shares																																													15,607,000
less: treasury stock, at cost: march 31, 2014, 255,045 shares; december 31, 2013, 253,845 shares																																													6,300,000
held-to-maturity: fair value 2013, 17,175; 2012, 16,774																																														17,295,000
common stock: par value 2.00, authorized 25,000,000 shares, 2013, issued 7,806,789 shares; 2012, issued 4,467,261 shares																																														15,614,000
investment securities available-for-sale																																															155,016,000	128,596,000	132,882,000		128,956,000	114,096,000	109,602,000
less: treasury stock, at cost, september 30, 2013, 253,845 shares; december 31, 2012, 256,995 shares																																															6,241,000
less: treasury stock, at cost, held: june 30, 2012, 222,895 shares; december 31, 2011, 222,395 shares																																																5,259,000
less: treasury stock, at cost: march 31, 2012, 222,445 shares; december 31, 2011, 222,395 shares																																																	5,219,000
interest-bearing balances with banks																																																			1,007,000	1,007,000	1,110,000
stockholders' equity:
less: treasury stock, at cost: september 30, 2011, 212,195 shares; december 31, 2010, 199,520 shares																																																			4,919,000
total stockholders' equity																																																			59,023,000	56,270,000	52,494,000		52,965,000	49,129,000	46,665,000		45,203,000	41,292,000	39,677,000		37,411,000	41,756,000	41,984,000
less: treasury stock, at cost, held: june 30, 2011, 197,595 shares; december 31, 2010, 199,520 shares																																																				4,502,000
less: treasury stock, at cost, held: march 31, 2011, 197,970 shares; december 31, 2010, 199,520																																																					4,471,000
assets
real estate																																																						118,510,000				119,062,000				117,635,000				115,490,000
installment																																																						22,006,000				18,236,000				16,815,000				17,143,000
commercial																																																						196,432,000				161,762,000				140,903,000				123,854,000
tax exempt																																																						26,757,000				22,516,000				22,913,000				21,165,000
other																																																						563,000
total securities																																																						132,956,000				106,271,000				110,756,000				109,630,000
time deposits with other banks																																																						654,000				1,408,000				1,186,000				315,000
fed funds sold																																																						19,181,000				9,617,000				6,817,000				723,000
total earning assets																																																						517,059,000				439,378,000				417,494,000				388,787,000
liabilities and stockholders’ equity
interest bearing demand																																																						42,992,000				35,697,000				28,871,000				25,341,000
savings																																																						187,007,000
money market savings																																																						36,829,000				32,771,000				33,858,000				35,355,000
time																																																						90,522,000				106,353,000				132,313,000				102,643,000
total interest bearing deposits																																																						357,350,000				305,473,000				289,061,000				270,308,000
other borrowings																																																						67,481,000				59,141,000				58,368,000				50,183,000
total interest bearing liabilities																																																						424,831,000				364,614,000				347,429,000				320,491,000
non-interest bearing																																																							73,805,000	71,706,000	68,775,000		60,608,000	65,160,000	63,460,000		60,803,000	57,866,000	54,062,000
demand deposits																																																						72,846,000				63,325,000				56,778,000				52,613,000
accrued expenses and
total liabilities and
tax equivalent adjustments:
interest bearing deposits in other banks																																																							70,000	66,000	890,000		784,000	769,000	1,264,000		789,000	811,000	821,000
securities available for sale																																																							135,052,000	120,903,000	129,734,000		103,702,000	103,349,000	102,022,000		104,922,000	111,148,000	110,955,000
allowance for loan losses																																																							-3,928,000	-4,791,000	-4,110,000	3,337,000	-2,984,000	-2,928,000	-3,129,000		-2,738,000	-2,602,000	-2,469,000
investment in restricted stock, at cost																																																							2,870,000	2,870,000	2,870,000
bank premises and equipment																																																							8,215,000	8,116,000	7,979,000		7,369,000	7,337,000			7,141,000	6,359,000
other real estate owned																																																							3,925,000	3,650,000	3,882,000		5,482,000	5,440,000	5,214,000		5,171,000	5,171,000	5,280,000
interest bearing																																																							362,321,000	362,843,000	360,616,000		305,607,000	295,216,000	296,559,000		303,256,000	281,010,000	277,230,000
long-term borrowings																																																							30,569,000	38,299,000	38,526,000	38,750,000	38,972,000	39,191,000	39,407,000		40,004,000	42,816,000	43,124,000
surplus																																																							3,116,000	3,116,000	3,100,000		3,099,000	3,099,000	3,100,000		3,100,000	3,093,000	3,086,000
treasury stock																																																							-4,511,000	-4,511,000	-4,584,000		-4,623,000	-4,623,000	-4,681,000		-4,683,000	-4,734,000	-4,854,000
return on average assets																																																										1,070
return on average equity																																																										12,620
shareholders' value
earnings per share, basic																																																										1,610
earnings per share, diluted																																																										1,610
regular cash dividends																																																										760
special cash dividends
book value																																																										14,340
market value at end of the year																																																										18,050
market value/book value ratio																																																										125,870
price earnings multiple																																																										11,210
dividend payout ratio																																																										47,160
dividend yield																																																										4,210
safety and soundness
stockholders' equity/asset ratio																																																										8,710
allowance for loan loss as a percent of loans																																																										990
net charge offs/total loans																																																										420
allowance for loan loss/nonaccrual loans																																																										132,000
allowance for loan loss/non-performing loans																																																										100,330
balance sheet highlights
stockholders' equity																																																										44,970,000				40,334,000
total interest income																																																										24,273,000
tax exempt loans																																																										496,000
non-taxable securities																																																										1,091,000
total tax equivalent adjustment																																																										1,587,000
total tax equivalent interest income																																																										25,860,000
total interest expense																																																										7,258,000
other loans																																																										506,000				469,000				467,000
non-taxable																																																										52,326,000				42,859,000				44,192,000
regular savings																																																										130,652,000				94,019,000				106,969,000
net interest spread																																																														16,325,000				13,506,000
interest income/earning assets																																																														6,440				6,680
interest expense/earning assets																																																														2,190				2,860
stockholder's equity																																																																		41,095,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-09-30	2016-06-30	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31

cash flows from operating activities:
net income	15,246,000	16,956,000	15,009,000	6,087,000	-4,337,000	3,282,000	3,466,000	3,630,000	6,746,000	9,425,000	7,579,000	9,139,000	9,968,000	9,353,000	9,630,000	16,414,000	9,096,000	8,531,000	9,478,000	8,185,000	8,312,000	7,576,000	5,281,000	5,032,000	7,148,000	7,144,000	6,412,000	6,717,000	5,957,000	5,854,000	5,350,000	5,659,000	4,800,000	5,118,000	4,855,000	4,882,000	4,409,000	4,431,000	5,044,000	4,384,000	5,236,000	3,331,000	4,698,000	-584,000	1,601,000	2,284,000	2,420,000	1,800,000	1,859,000	2,359,000	1,799,000	2,043,000	1,400,000	1,524,000	1,518,000	1,489,000	786,000	1,253,000	1,521,000	1,486,000	-1,566,000	1,704,000	1,415,000
adjustments to reconcile net income to net cash from operating activities:
depreciation of premises and equipment	823,000	812,000	798,000	974,000	897,000	726,000	749,000	743,000	650,000	698,000	703,000	1,037,000	1,057,000	331,000	663,000	819,000	531,000	672,000	680,000	791,000	651,000	723,000	735,000	1,202,000	654,000	631,000	596,000	588,000	602,000	538,000	517,000	433,000	451,000	420,000	396,000	392,000	394,000	396,000	388,000	349,000	375,000	373,000	574,000
amortization of right-of-use lease asset	178,000	179,000	258,000	-335,000	523,000	142,000	140,000	144,000	210,000	120,000	124,000	140,000	149,000	148,000	146,000	129,000	116,000	95,000	109,000	431,000	104,000	105,000	104,000	105,000	106,000	95,000	92,000
amortization of deferred loan fees	-86,000	-29,000	-278,000	-1,721,000	75,000	212,000	164,000		111,000	232,000	150,000
amortization of debt issuance costs	103,000
amortization of cdi and other intangibles	1,539,000	1,710,000	1,709,000
amortization expense related to acquired borrowings	118,000	116,000	114,000
accretion income related to acquired loans	-3,714,000	-4,348,000	-4,115,000
amortization expense related to acquired deposits	92,000	212,000	316,000
amortization of low income housing partnerships	336,000	434,000	434,000	96,000	125,000	126,000	125,000	121,000	69,000	120,000	121,000	92,000	121,000	120,000	121,000	67,000	120,000	120,000	120,000	153,000	154,000	142,000	120,000	119,000	119,000	119,000	119,000	116,000	117,000	116,000
(credit to) benefit from credit losses									-166,000
net unrealized gain on equity investments
net income on sale of other real estate owned
loans originated for sale	-3,633,000	-1,191,000	-859,000	-478,000	-1,405,000	-859,000	-300,000	-622,000	-1,025,000	-1,242,000	-1,244,000	-6,061,000	-2,685,000	344,000	-3,798,000	-5,925,000	-7,064,000	-6,529,000	-4,869,000	-15,125,000	-12,440,000	-13,918,000	-2,297,000	-3,956,000	-6,097,000	-4,347,000	-1,501,000	-3,999,000	-3,324,000	-2,608,000	-6,516,000	-5,270,000	-5,141,000	-6,723,000	-5,441,000	-5,268,000	-6,585,000	-8,779,000	-5,300,000												-2,678,000	-3,485,000	-3,432,000	-1,435,000	-1,661,000	-4,598,000	-5,626,000	-7,343,000	-5,497,000	-1,360,000	-1,773,000	-2,311,000	-947,000
proceeds from sale of loans originated for sale	3,386,000	1,067,000	437,000	1,277,000	606,000	1,154,000	252,000	372,000	1,003,000	1,251,000	1,245,000	6,718,000	2,737,000	-869,000	4,069,000	6,570,000	7,714,000	5,481,000	5,382,000	16,883,000	12,801,000	12,125,000	3,023,000	4,379,000	5,561,000	3,535,000	2,278,000	3,939,000	3,345,000	2,729,000	6,102,000	5,786,000	4,734,000	6,580,000	5,714,000	5,394,000	6,223,000	9,248,000	5,907,000
net gain on sale of loans originated for sale						5,000	-2,000			-9,000	-1,000	-4,000	-24,000	5,000	-24,000	-56,000	-102,000	-39,000	-134,000	-434,000	-313,000	-146,000	-10,000	-19,000	-23,000	-19,000	-28,000	-38,000	-21,000	-15,000	-46,000	-72,000	-37,000	-217,000	-195,000	-204,000			-222,000												-69,000	-80,000	-69,000	-63,000	-77,000	-69,000	-50,000
net accretion of investment securities
net gain on sale of investment securities available for sale
net gain on sale of premises and equipment
increase in cash surrender value of life insurance	-543,000	-535,000	-526,000	-456,000	-551,000	-286,000	-279,000	-277,000	-270,000	-262,000	-258,000	-289,000	-269,000	-244,000	-218,000	-220,000	-225,000	-225,000	-219,000
gain from bank owned life insurance settlement	0
deferred income tax expense	0							285,000	376,000	424,000	183,000				4,000	-170,000	0	0	620,000	-2,398,000	0	0	619,000
stock compensation, including tax effects and expenses	267,000	-19,000	-188,000	119,000	319,000	287,000	61,000	260,000	259,000
net change in:
accrued interest receivable	-1,141,000	582,000	-804,000	2,347,000	2,795,000	239,000	-831,000	35,000	-1,363,000	272,000	37,000	-1,632,000	-778,000	-84,000	-693,000	-248,000	-436,000	362,000	49,000	340,000	-227,000	-1,085,000	-302,000	-326,000	648,000	-92,000	-96,000	237,000	-320,000	454,000	298,000	-602,000	624,000	643,000	-497,000	341,000	180,000	-585,000	658,000	-199,000	195,000	-210,000	500,000	744,000	-668,000	569,000	-24,000	-208,000	32,000	-252,000	-17,000
other assets	2,416,000	-238,000	2,408,000	-1,818,000	15,353,000	-5,115,000	-1,450,000	1,496,000	-1,145,000	583,000	-3,019,000	210,000	134,000	1,824,000	-3,869,000	815,000	1,450,000	-219,000	-918,000	22,544,000	-23,367,000	-1,407,000	-10,038,000	1,270,000	-519,000	-291,000	-3,823,000	1,703,000	-1,704,000	517,000	356,000	-1,556,000	-580,000	-145,000	-1,071,000	-583,000	173,000	-3,945,000	710,000	-2,580,000	1,171,000	-2,607,000	-1,962,000	-553,000	3,871,000	-1,425,000	-487,000	-3,186,000	28,000	505,000	1,056,000
accrued interest payable	3,336,000	-799,000	-64,000	-1,326,000	-644,000	180,000	-438,000	988,000	76,000	2,397,000	1,401,000	-226,000	-140,000	425,000	436,000	-464,000	403,000	-651,000	384,000	-553,000	417,000	-464,000	59,000	-184,000	403,000	180,000	-317,000	207,000	20,000	21,000	50,000			-19,000	-53,000	-54,000	53,000	-17,000	-114,000	-23,000	17,000	-30,000	-113,000	-260,000	-170,000	4,000	-40,000	2,000	-25,000	-91,000	87,000
other liabilities	-2,630,000	-67,000	-6,174,000	1,688,000	-1,316,000	1,101,000	800,000	-344,000	923,000	786,000	-4,198,000	2,132,000	-266,000	-3,302,000	1,388,000	2,983,000	2,145,000	-3,636,000	383,000	2,707,000	-2,744,000	3,572,000	10,014,000	-2,609,000	1,976,000	477,000	2,545,000	-2,053,000	-1,209,000	295,000	2,781,000	-424,000	308,000	133,000	-400,000	-404,000	-349,000	-1,026,000	-452,000	528,000	-2,295,000	1,602,000	2,239,000	1,985,000	-1,144,000	607,000	-400,000	3,328,000	-42,000	-251,000	-1,495,000
net cash from operating activities	15,218,000	13,893,000	9,071,000	3,321,000	25,637,000	1,739,000	3,226,000	8,945,000	6,745,000	13,013,000	4,549,000	12,132,000	11,487,000	9,602,000	9,136,000	15,057,000	12,713,000	1,347,000	11,654,000	33,589,000	-16,061,000	8,700,000	10,952,000	9,796,000	11,194,000	8,299,000	7,790,000	9,312,000	5,163,000	9,885,000	11,178,000	4,006,000	7,536,000	8,246,000	5,784,000	6,633,000	6,305,000	1,506,000	7,361,000	5,660,000	4,778,000	2,994,000	7,130,000	1,500,000	4,425,000	3,495,000	395,000	3,221,000	1,356,000	2,284,000	1,786,000	4,356,000	1,730,000	3,817,000	1,305,000	-2,211,000	799,000	2,397,000	3,167,000	2,569,000	2,288,000	1,574,000	1,778,000
capital expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows	15,218,000	13,893,000	9,071,000	3,321,000	25,637,000	1,739,000	3,226,000	8,945,000	6,745,000	13,013,000	4,549,000	12,132,000	11,487,000	9,602,000	9,136,000	15,057,000	12,713,000	1,347,000	11,654,000	33,589,000	-16,061,000	8,700,000	10,952,000	9,796,000	11,194,000	8,299,000	7,790,000	9,312,000	5,163,000	9,885,000	11,178,000	4,006,000	7,536,000	8,246,000	5,784,000	6,633,000	6,305,000	1,506,000	7,361,000	5,660,000	4,778,000	2,994,000	7,130,000	1,500,000	4,425,000	3,495,000	395,000	3,221,000	1,356,000	2,284,000	1,786,000	4,356,000	1,730,000	3,817,000	1,305,000	-2,211,000	799,000	2,397,000	3,167,000	2,569,000	2,288,000	1,574,000	1,778,000
cash flows from investing activities:
proceeds from sales of investment securities available for sale				440,000
proceeds from repayments of investment securities:
available for sale	29,086,000	29,181,000	29,613,000	30,996,000	16,126,000	9,006,000	1,881,000
held to maturity	1,822,000	1,525,000	1,472,000	1,652,000	1,712,000	1,686,000	1,520,000
purchases of investment securities:
equity securities
net purchase of restricted equity securities	-1,806,000																		-64,000				-482,000			593,000	-964,000
proceeds from the sale of equity securities
proceeds from the sale of other real estate	0
net cash received in merger with fncb bancorp, inc.				-744,000
net increase in loans					-4,262,000	-11,451,000	-8,685,000	18,087,000	-27,884,000	-25,452,000	-88,086,000	-106,591,000	-58,478,000	-167,897,000	-69,733,000																														-25,965,000	2,034,000	-15,947,000	-17,987,000	-1,543,000	-15,879,000	-17,284,000	-20,301,000	-2,558,000	-15,461,000	-18,798,000	-8,909,000	-4,834,000	-2,023,000	-4,744,000	-16,076,000	-2,683,000	-2,824,000	-4,615,000
purchases of premises and equipment	-2,188,000	-5,391,000	-499,000	2,351,000	-4,312,000	-398,000	-216,000	-228,000	-1,221,000	-1,970,000	-2,506,000	-2,445,000	-2,506,000	-1,596,000	-1,284,000	-1,217,000	-2,852,000	-295,000	-521,000	-699,000	-379,000	-587,000	-627,000	-1,307,000	-1,755,000	-1,479,000	-1,062,000	-908,000	-579,000	-492,000	-1,998,000	-1,358,000	-2,158,000	-3,959,000	-495,000	-1,646,000	-971,000	-856,000	-1,097,000	-115,000	-423,000	-514,000	-122,000	-14,000	607,000	-686,000	-521,000	-169,000	-77,000
proceeds from the sale of premises and equipment	26,000	0	3,696,000	1,654,000	109,000			0	0	0	14,000				5,000	-43,000									0	-2,000	23,000	1,000												0	0
proceeds from bank owned life insurance	0											180,000	3,000	904,000	225,000	200,000
net cash from investing activities	-40,465,000	-5,893,000	40,663,000	119,514,000	276,802,000	-3,868,000	-5,301,000	22,298,000	-25,145,000	-8,671,000	-14,236,000	-106,324,000	-40,806,000	-175,299,000	-145,390,000	-214,581,000	-124,919,000	-52,479,000	-48,124,000	-42,751,000	30,199,000	-136,753,000	-51,935,000	-129,906,000	-28,219,000	490,000	-27,086,000	-22,207,000	-37,554,000	-37,588,000	-39,167,000	-29,587,000	-34,412,000	-61,516,000	-43,883,000	-54,090,000	-21,262,000	-37,117,000	32,631,000	-18,445,000	-40,243,000	-12,022,000	-1,199,000	36,884,000	-48,220,000	6,303,000	-9,884,000	-30,049,000	-13,366,000	-17,882,000	-3,640,000	-13,392,000	-12,549,000	-4,362,000	-15,183,000	-40,470,000	-930,000	-1,867,000	1,957,000	-19,867,000	-5,674,000	-5,336,000	-5,295,000
cash flows from financing activities:
net decrease in deposits	2,290,000	-29,790,000	-90,941,000
proceeds from long-term debt	33,821,000							0	0	0	25,000,000													0	0
repayment of long-term borrowings	-333,000	-329,000	-10,324,000																																																-236,000	-3,233,000	-7,730,000	-227,000	-224,000	-222,000	-219,000	-216,000	-284,000	-313,000	-2,812,000	-308,000	-410,000
net advances in short-term borrowings	-30,000
proceeds from the issuance of subordinated debt, net of issuance costs	-156,000
repayment of subordinated debt	0
cash dividends paid	-6,161,000	-6,161,000	-6,158,000	-6,153,000	-6,153,000	-2,894,000	-2,893,000	-2,887,000	-2,906,000	-2,930,000	-2,936,000	-2,862,000	-2,869,000	-2,798,000	-2,796,000	-2,725,000	-2,737,000	-2,665,000	-2,665,000	-2,599,000	-2,614,000	-2,643,000	-2,662,000	-2,585,000	-2,514,000	-2,516,000	-2,516,000	-2,442,000	-2,444,000	-2,366,000	-2,367,000	-2,292,000	-2,293,000	-2,293,000	-2,291,000	-2,295,000	-2,337,000	-2,338,000	-2,341,000	-2,339,000	-2,340,000	-2,340,000	-2,341,000	-3,381,000	-822,000	-654,000	-654,000	-631,000	-624,000	-640,000	-628,000	-629,000	-628,000	-627,000	-596,000	-595,000	-596,000	-595,000	-595,000	-595,000	-596,000	-629,000	-597,000
net cash from financing activities	29,431,000	90,637,000	-108,483,000	-272,454,000	-66,925,000	-57,883,000	-75,322,000	-98,413,000	136,247,000			19,050,000	94,596,000	71,927,000	-2,176,000	118,870,000	224,742,000	-4,135,000	111,596,000	71,142,000	100,140,000	144,660,000	45,157,000	99,980,000	38,346,000	-4,879,000	12,732,000	18,111,000	40,995,000	16,990,000	19,494,000	35,167,000	18,750,000	55,107,000	44,178,000	38,538,000	20,385,000	31,537,000	-31,787,000	10,000,000	-7,732,000	7,224,000	21,971,000	-31,355,000	28,402,000	2,953,000	8,568,000	9,419,000	16,878,000	12,136,000	10,575,000	-4,530,000	1,098,000	14,484,000	22,152,000	43,480,000	4,993,000	793,000	-11,726,000	7,515,000	21,427,000	5,031,000	3,917,000
net increase in cash and cash equivalents	4,184,000			-149,618,000	235,513,000	-60,012,000	-77,397,000	-67,170,000	117,847,000	-3,895,000	102,715,000	-75,142,000	65,277,000	-93,770,000	-138,430,000	-80,654,000	112,536,000	-55,267,000	75,126,000	61,980,000	114,278,000	16,607,000	4,174,000					5,216,000						1,837,000	6,079,000	-8,919,000	5,428,000	-4,074,000	8,205,000	-2,785,000	-43,197,000	-1,804,000	27,902,000	7,029,000	-15,393,000	12,751,000	-921,000	-17,409,000	4,868,000	-3,462,000	8,721,000		-9,921,000	13,939,000	8,274,000		4,862,000	1,323,000	-6,602,000		17,667,000	1,269,000	400,000
cash and cash equivalents at beginning of period	0	0	135,851,000	0	0	0	187,365,000	0	0	0	37,868,000	0	0	0	279,933,000	0	0	0	228,192,000	0	0	0	31,153,000	0	0	0	32,616,000	0	0	37,488,000	0	0	39,941,000
cash and cash equivalents at end of period	4,184,000	98,637,000	77,102,000	-149,618,000	235,513,000	-60,012,000	109,968,000	-67,170,000	117,847,000	-3,895,000	140,583,000	-75,142,000	65,277,000	-93,770,000	141,503,000	-80,654,000	112,536,000	-55,267,000	303,318,000	61,980,000	114,278,000	16,607,000	35,327,000	-20,130,000	21,321,000	3,910,000	26,052,000	5,216,000	8,604,000	26,775,000	-8,495,000	9,586,000	31,815,000												2,131,000	12,751,000	9,638,000
(credit to) provision for credit losses
net unrealized loss on equity investments
net gain on sale of other real estate owned								0					0				-50,000							-11,000			8,000			-11,000						-11,000	-22,000	-80,000	-30,000	-10,000	-19,000	-19,000	-22,000
net loss on sale of loans originated for sale
net amortization of investment securities		-1,204,000	-732,000	-614,000	-622,000	207,000	218,000	231,000	241,000	243,000	290,000	342,000	347,000	368,000	431,000	442,000	324,000	291,000	260,000	259,000	272,000	272,000	281,000	389,000	384,000	421,000	474,000	521,000	574,000	623,000	661,000	710,000	759,000	829,000	956,000	1,041,000	1,117,000	1,032,000	1,022,000	1,062,000	1,114,000	1,073,000	1,043,000
gain on sale of premises and equipment						-13,000	9,000			0	-14,000				-5,000	-30,000
net decrease in loans
benefit from credit losses			200,000				708,000				1,264,000
net unrealized (gain) loss on equity investments			-71,000
net income (gain) on sale of loans originated for sale			2,000					0
(gain) loss on sale of premises and equipment			-680,000
deferred income tax benefit			1,877,000																																			261,000	-142,000
net redemption of restricted equity securities			944,000				199,000				4,743,000						-791,000			148,000																	13,000	-1,225,000	1,555,000
net decrease (increase) in loans			5,437,000
net (repayments) advances in short-term borrowings			-1,060,000
net decrease in cash and cash equivalents			-58,749,000																							3,910,000	-6,564,000			-10,713,000			-8,126,000
benefit from (credit to) credit losses				3,369,000	14,458,000
net unrealized (gain) loss on equity investment securities				23,000												7,000	-5,000	17,000	-21,000	-47,000			123,000
valuation allowance on other real estate
net (gain) loss on sale of investment securities available for sale
deferred income tax (benefit) expense				-1,089,000	-2,127,000	-257,000	-174,000
proceeds from sales of equity investments
net (purchase) redemption of restricted equity securities				-392,000	-2,082,000							-5,128,000	4,035,000																	-1,669,000				-33,000	-677,000	-798,000
investment in bank owned life insurance												0	0	-4,800,000	-1,081,000					-5,000,000
proceeds from sale of other real estate owned								0				-1,000	0	21,000	946,000	0	245,000	131,000	549,000	164,000	326,000	0	157,000	158,000	0	27,000	84,000	382,000	117,000	83,000	215,000	64,000	208,000	507,000	112,000	83,000	21,000	125,000	338,000	341,000	88,000	128,000	193,000	-188,000	887,000	0	62,000							224,000	1,790,000
net increase in deposits				-231,640,000	145,904,000	-138,979,000	-75,099,000	-86,046,000	135,602,000	-6,486,000	189,369,000	-77,542,000	212,857,000	-53,581,000	1,467,000	122,478,000	229,153,000	61,350,000	113,303,000	80,229,000	146,760,000	200,129,000	38,506,000	-29,796,000	124,486,000	8,569,000	-6,792,000	109,003,000	-1,157,000	1,000,000	48,422,000	23,889,000	26,787,000	68,947,000	21,255,000	19,798,000	20,043,000	8,657,000	-9,081,000	168,000	3,073,000	19,011,000	24,855,000	-18,540,000	3,661,000	35,979,000	7,849,000	8,123,000	15,591,000
net (decrease) proceeds from short-term borrowings
retirement of common stock								-50,000	-3,939,000	-1,071,000	-826,000	-227,000	-380,000	-328,000	-318,000	-359,000	-1,157,000	-328,000	-517,000	-988,000	-3,337,000	-364,000	-2,204,000	-13,000	-455,000									0	-187,000	-417,000
amortization of intangibles								19,000	29,000	28,000	29,000	74,000	96,000	97,000	96,000	116,000	125,000	125,000	125,000	144,000	154,000	154,000	154,000	173,000	183,000	182,000	192,000	220,000	220,000	230,000	259,000	258,000	268,000	297,000	297,000	305,000	296,000	295,000	305,000		333,000	333,000	343,000	-407,000	-16,000	27,000	70,000	91,000	92,000
net (gain) loss on sale of loans originated for sale																																																													-29,000
proceeds from sale of equity securities
(repayment of) proceeds from long-term borrowings
net proceeds (decrease) in short-term borrowings
net unrealized loss on equity investment securities						12,000	8,000		0
repayment of long-term debt								0	0	0	-555,000	-549,000	-542,000	-536,000	-529,000	-524,000	-517,000	-10,512,000	-505,000	-5,500,000	-494,000	-11,487,000	-483,000	-19,776,000	-471,000	-466,000	-460,000	-450,000	-354,000	-469,000	-6,961,000	-455,000	-519,000	-547,000	-549,000	-573,000	-649,000	-642,000	-808,000	-866,000	-891,000	-901,000	-890,000	-543,000	-10,229,000	-198,000	-196,000	-2,693,000	-242,000
net increase in short-term borrowings						83,990,000	2,670,000	-9,430,000	7,490,000			100,230,000	-114,470,000						1,980,000				12,000,000			-26,300,000	22,500,000		44,950,000	18,825,000	-19,600,000	14,025,000	-5,225,000	-11,000,000	25,950,000	22,025,000	4,390,000	25,860,000	-19,557,000		-7,574,000	-8,451,000	487,000				1,584,000	4,899,000	2,540,000	1,059,000	-3,431,000
amortization (accretion) of deferred loan fees												-20,000	349,000
net unrealized gain on equity investment securities											29,000	-6,000	18,000	23,000	-4,000
gain on sale of visa class b shares
proceeds from sale of visa class b shares
net redemption (purchase of) of restricted equity securities								484,000	-1,125,000
net gain on sale of investment securities available-for-sale									0	0	-81,000									-194,000	-457,000	0	-267,000	0	0
loss on sale of premises and equipment
proceeds from sales of investment securities available-for-sale									0	1,000	67,362,000									16,914,000	21,704,000	0	26,502,000	0	0									0	17,137,000	10,271,000	14,877,000	0	50,981,000	0	10,405,000	4,924,000	60,000	4,273,000	-4,533,000	1,066,000	3,767,000		4,179,000
available-for-sale									3,012,000	16,937,000	2,791,000	5,877,000	14,498,000	7,919,000	12,897,000	17,402,000	20,615,000	6,620,000	12,876,000	23,159,000	26,943,000	16,998,000	17,522,000	11,687,000	21,139,000	10,364,000	14,287,000	8,642,000	7,526,000	7,919,000	22,895,000	12,309,000	9,285,000	19,264,000	12,560,000	10,453,000	13,406,000	18,418,000	9,835,000	15,127,000	13,777,000	5,611,000	12,634,000
held-to-maturity									1,934,000	1,465,000	1,446,000	1,557,000	1,642,000	1,339,000	1,207,000	2,519,000	248,000	61,000	58,000	91,000	83,000	118,000	135,000	150,000	160,000	191,000	196,000	225,000	243,000	242,000	299,000	306,000	331,000	391,000	412,000	418,000	510,000	534,000	482,000	587,000	637,000	677,000	675,000
stock based compensation											209,000	223,000	223,000	116,000	-28,000	67,000	213,000	177,000	89,000	187,000	192,000	186,000	5,000	157,000	157,000	157,000	83,000	83,000	68,000	37,000	52,000	53,000	17,000	18,000	17,000	18,000	17,000	17,000	18,000	59,000	0
net decrease in short-term borrowings											-97,650,000						0				0
net cash provided (used) by financing activities											112,402,000
(credit) benefit from loan losses																		100,000	-500,000
net (gain) loss on sale of other real estate owned															-458,000				10,000	54,000	-11,000
net gain on sale of equity securities
net income (gain) on sale of investment securities available-for-sale
proceeds from paycheck protection program liquidity facility																				0	0
repayment of paycheck protection program liquidity facility																				0	-40,175,000
proceeds from subordinated debentures																				0	0
benefit from loan losses																				1,050,000	1,050,000	1,800,000	3,500,000	4,000,000	700,000	350,000	1,050,000	1,050,000	1,050,000	1,050,000	1,200,000	1,200,000	1,200,000	1,200,000	1,200,000	1,200,000	900,000	750,000	750,000	800,000	666,000	1,201,000	857,000	1,866,000	-540,000	390,000	645,000	300,000	269,000	804,000	421,000	180,000	445,000	682,000	895,000			1,040,000	165,000	293,000	165,000	135,000	120,000
provision (credit) for loan losses														950,000	300,000
accretion of deferred loan fees															949,000	4,145,000	-2,022,000
net redemption (purchase) of restricted equity securities															1,352,000																		270,000
net increase in lending activities																	32,254,000	-54,196,000	-2,296,000	10,920,000	-7,552,000	-158,613,000	-86,062,000	-61,011,000	-22,607,000	-9,751,000	-26,629,000	-28,625,000	-34,561,000	-33,730,000	-35,695,000	-38,276,000	-27,349,000	-57,954,000	-56,207,000	-69,321,000	-39,526,000	5,275,000	-27,689,000		-118,000	-2,425,000	-798,000
amortization of deferred loan costs																			626,000		-414,000	-704,000	39,000	-5,000	-3,000	-49,000	-107,000	247,000	248,000	234,000	235,000	216,000	211,000	213,000	193,000	169,000	156,000	152,000	132,000	118,000	93,000	56,000	22,000		80,000	72,000	59,000	61,000	53,000	59,000	49,000	85,000	67,000	52,000	57,000	3,000	93,000	94,000	71,000	59,000	69,000	114,000	62,000
gain from bank owned life insurance
net gain on sale of credit card loans held for sale																												0
proceeds from sale of student loan portfolio																												1,932,000
proceeds from sale of credit card loan portfolio
bank owned life insurance income																					-192,000	-193,000	-187,000
gain on life insurance proceeds
net gain on sale of merchant services business																															0
proceeds from the sale of merchant services business																															0
life insurance investment income																									-189,000	-192,000	-186,000	-190,000	-191,000	-187,000	-193,000	-195,000	-189,000	-199,000	-202,000	-193,000	-192,000	-188,000	-189,000	-186,000	-197,000	-206,000	-189,000
proceeds from investment in life insurance																																																				0	0	0	549,000
net income (gain) on sale of other real estate owned
net income on investment securities																														8,000
amortization of loss on investment tax credits																															117,000	118,000	117,000	114,000	119,000	125,000
investment in low income housing investment tax credits																																		5,000	0	-2,050,000
purchase of investment in life insurance																																		0	0	-1,500,000															-2,000,000
net accretion of purchase accounting adjustments on tangible assets																																				-275,000	-207,000	-209,000	-292,000	412,000
net income on disposal of equipment																																								0	0	0	63,000
net gain on sale of investment securities																																		0	-381,000	-242,000	-147,000	0	-832,000	0	-701,000
cash and cash equivalents at beginning of year																																		0	0	32,917,000	0	0	31,426,000	0	0	0	51,310,000	19,761,000	17,524,000	0	10,559,000
cash and cash equivalents at end of year																																		1,837,000	6,079,000	23,998,000	5,428,000	-4,074,000	39,631,000	-2,785,000	-43,197,000	-1,804,000	79,212,000
redemption of common stock																																								-39,000	0	0	-70,000
settlement of stock options
purchase of treasury stock																																								0	0	0	-70,000																	0	0	0	-506,000
stock appreciation rights
retirement of stock options																																									0
amortization (accretion) of intangibles
net decrease (increase) in lending activities
purchases of investment in life insurance																																																0	0
net cash received from acquisition
reissuance of treasury stock
loans held for sale																																									-204,000	-941,000	-59,000	1,278,000	-26,000	482,000	-2,155,000	637,000	-1,260,000
proceeds from life insurance
supplemental disclosures:
cash paid during the period for:
interest																																									1,625,000	1,447,000	2,110,000		845,000	1,286,000	1,323,000	1,327,000	1,477,000	1,562,000	1,300,000
income taxes																																									1,800,000				1,350,000	400,000	450,000	650,000	675,000	1,150,000	100,000
noncash items:
transfers of loans to other real estate owned																																									283,000	57,000	201,000
retirement of treasury shares																																									0
non-cash activity resulting from the penseco transaction:
fair value of assets acquired:
loans
premises and equipment
core deposit intangibles
fair value of liabilities assumed:
deposits
fhlb advances
amortization of purchase accounting adjustments on tangible assets																																										-1,114,000	-864,000
other-than-temporary impairment of investment securities
depreciation and amortization of premises and equipment																																													257,000	205,000	202,000	207,000	206,000
loss on sale of other real estate owned																																															8,000						-2,000
net amortization of investment securities available-for-sale																																													781,000	476,000	472,000	375,000	198,000
gain on sale of investment securities available-for-sale																																													384,000	-99,000	-284,000
net income from investment in life insurance																																													-87,000	-96,000	-91,000
proceeds from repayments on investment securities available-for-sale																																													7,303,000	4,271,000	3,019,000		937,000
purchases of investment securities available-for-sale																																															-264,000	-16,599,000	-17,265,000
repurchase of common shares																																														-87,000	-56,000
reissuance of common shares																																													1,000	55,000	41,000
transfers from loans to other real estate owned																																													-1,273,000	0	1,363,000
(gain) loss on sale of other real estate owned																																																													0
other-than-temporary impairment of investment equity securities
investment in other real estate owned
loss on disposal of equipment
(gain) loss on sale of other real estate																																																2,000	-90,000
(gain) loss on disposal of equipment
life insurance proceeds
proceeds from sale of investment securities available-for-sale
proceeds from repayment on investment securities available-for-sale
net increase in restricted stock
proceeds from sale of other real estate																																																0	284,000	1,829,000	141,000	441,000								0			42,000
purchase premium on investment advisory service
transfers of loans to other real estate
loans to facilitate sale of other real estate
gains on sales of investment securities available-for-sale																																																	-25,000
other than temporary security impairment																																																	3,000	0	84,000	24,000				70,000	0	60,000	76,000			83,000	182,000
net earnings on investment in life insurance																																																	-91,000	-104,000	-81,000	-77,000	-81,000	-82,000	-82,000	-87,000	-85,000	-82,000	-88,000	-69,000	-72,000	-76,000	-79,000
gain from investment in life insurance																																																				0	0	0	-320,000
cash flows from investing activities
net decrease in restricted stock
c cash flows from financing activities
purchases of treasury stock																																																	-406,000
issuance of treasury stock																																																	19,000
cash and cash equivalents, beginning of year																																																	0	0	17,841,000		0	0	18,915,000		0				0
cash and cash equivalents, end of period																																																	4,868,000	-3,462,000	26,562,000		-9,921,000	13,939,000	27,189,000		4,862,000	1,323,000	11,931,000		17,667,000	1,269,000	9,006,000
supplemental disclosures
transfers from loans to foreclosed real estate
loans to facilitate sale of foreclosed real estate
net gains on sale of loans
c cash flows from investing activities
net decrease in investments in restricted stock
cash flows from financing activities
cash flows from operating activities
depreciation and amortization																																																			283,000	253,000	251,000	245,000	228,000	244,000	231,000	233,000	246,000	230,000	211,000	212,000	218,000
loss on sale of equipment																																																			1,000
net amortization of available for sale securities																																																			96,000
gain on sales of available for sale securities																																																			-10,000
proceeds from the sale of loans originated for sale																																																			2,260,000	4,724,000	3,364,000	1,937,000	1,017,000	1,997,000	3,873,000			1,461,000	1,675,000
proceeds from sale of available for sale securities																																																			15,149,000	3,383,000	5,803,000	23,585,000	31,668,000	13,808,000	20,560,000	13,940,000	13,864,000	8,520,000	3,459,000	12,431,000	33,587,000
proceeds from maturities of and principal repayments on available for sale securities																																																			668,000
purchase of available for sale securities																																																					-17,818,000	-19,806,000	-32,638,000	-45,561,000	-17,130,000	-17,061,000	-10,753,000	-12,567,000	-6,182,000	-16,489,000	-36,386,000
purchase of premises and equipment																																																			-314,000		-285,000	-318,000	-633,000	-315,000	-198,000	-56,000	-89,000	-566,000	-929,000	-157,000	-631,000
increase in deposits																																																			14,838,000	2,608,000	1,577,000	5,158,000	19,353,000			357,000	-11,249,000	7,209,000	25,183,000	7,584,000	3,862,000
issuance of common stock																																																			32,000
net gain on sales or retirements of equipment
net amortization of securities
net gain on sales of securities available for sale
stock option expense																																																												0	0	0	1,000
purchases of available for sale securities
net increase in investments in restricted stock
proceeds from sale or retirements of equipment
purchase premium-investment advisory service
proceeds from long-term borrowings																																																												0	0	0	5,000,000
increase in cash and cash equivalents
cash and cash equivalents - beginning
cash and cash equivalents - ending
supplementary cash flows information
interest paid																																																				1,495,000	1,644,000	1,803,000	1,691,000		1,709,000	2,293,000	2,742,000		2,393,000	2,297,000	2,009,000
income taxes paid																																																				100,000	910,000	0	-656,000		0	290,000	525,000		650,000	550,000	480,000
supplementary disclosures of noncash investing and financing activities
foreclosed real estate acquired in settlement of loans
amortization of securities' premiums and accretion of discounts																																																					98,000	55,000	35,000		54,000	63,000	66,000			40,000	42,000
(gain) loss on sales of securities available for sale																																																								-159,000				-105,000
deferred income taxes																																																												-108,000
increase in accrued interest receivable																																																					-293,000	201,000	-390,000		187,000	-99,000	-108,000		350,000	-248,000	-271,000
decrease in other assets
decrease in accrued interest payable																																																					-9,000
increase in other liabilities																																																					-183,000	344,000	515,000
proceeds from maturities of and principal payments received on available for sale securities																																																					2,294,000	7,414,000	2,879,000		630,000				661,000
increase in short-term borrowings																																																					7,879,000	10,091,000	3,605,000			1,190,000	400,000		-406,000
proceeds from sale of treasury stock																																																							14,000	26,000	0	57,000	2,000	0	58,000	127,000	49,000
supplemental disclosures of cash paid
non-cash investing and financing activities
transfers from loans to other real estate owned through foreclosure																																																					88,000	39,000	138,000		84,000				0
consideration received for exchange of securities available for sale																																																									0
gains on sales of securities available for sale																																																										-339,000	-179,000				-26,000
increase in other assets																																																						577,000	-432,000			-131,000	107,000		-296,000	-63,000	-26,000
gain on sales of securities available for sale																																																							-22,000
increase in accrued interest payable																																																							24,000			-600,000	-611,000		-237,000	-149,000	425,000
gain on sales or retirements of equipment
gain on sale of other real estate owned
impairment charge-other real estate owned
amortization of securities’ premiums and accretion of discounts
gain on sale of interest in insurance agency
increase in assets:
increasein liabilities:
proceeds from sale of interest in insurance agency
provision for loan losses
increase (decrease) in other assets
increase (decrease) in accrued interest payable
decrease in other liabilities																																																									-82,000	-32,000	-297,000		154,000	79,000	-664,000
increase (decrease) in deposits
increase (decrease) in short-term borrowings
proceeds from the sale of mortgage loans																																																											7,720,000				1,337,000
net gain on sale of loans																																																											-25,000				-11,000
proceeds from maturities and principal payments on available for sale securities																																																											3,679,000				2,708,000
cash and cash equivalents, beginning of period																																																											18,533,000				8,606,000
transfers from loans to real estate through foreclosure																																																											43,000				85,000
(gain) loss on sales or retirements of equipment
amortization of securities premiums and accretion of discounts
other than temporary security impairments
(gains) losses on sales of securities available for sale
loss on sale of foreclosed real estate
decrease in short-term borrowings																																																															-3,481,000
losses on sales or retirements of equipment
increase in liabilities:

Peoples Financial Services Corp(NASDAQ:PFIS)

Peoples Financial Services Corp
(NASDAQ:PFIS)