Page 5 - Demo

CONSOLIDATED BALANCE SHEETS | 03December 31, 2025 (unaudited) and 2024(dollars in thousands)2025 2024ASSETSCash and due from banks $ 32,880 $ 34,548 Federal funds sold 1,827 - CASH AND CASH EQUIVALENTS 34,707 34,548 Debt securities available for sale 144,794 179,502 Loans, net of allowance for credit losses of $10,100and $9,480 at December 31, 2025 and 2024, respectively 767,497 709,837 Premises and equipment, net 20,092 15,698 Right-of-use assets - 976 Federal Reserve and Federal Home Loan Bank stock 1,472 1,395 Accrued interest receivable 4,333 4,404 Goodwill 2,619 2,619 Deferred tax asset 4,865 6,973 Other real estate owned 79 -Other assets 11,068 11,166 TOTAL ASSETS $ 991,526 $ 967,118LIABILITIES AND STOCKHOLDERS%u2019 EQUITYLiabilitiesDepositsDemand $ 167,723 $ 180,092 Savings, NOW and money market 606,259 604,882 Time 114,692 93,744 TOTAL DEPOSITS 888,674 878,718 Operating lease liabilities - 962 Other liabilities 8,027 8,946 TOTAL LIABILITIES 896,701 888,626 Stockholders%u2019 EquityCommon stock, $0.40 par value; 2,500,000 shares authorized, 858,218 shares issued and outstanding 343 343 Additional paid-in capital 4,436 4,436 Retained earnings 99,966 90,124 Accumulated other comprehensive loss (9,920) (16,411)TOTAL STOCKHOLDERS%u2019 EQUITY 94,825 78,492 TOTAL LIABILITIES AND STOCKHOLDERS%u2019 EQUITY $ 991,526 $ 967,118