v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Loans held for investment $ 26,810 $ 23,389
Securities, includes restricted stock 3,042 1,605
Interest earning cash and other 1,661 1,079
Total interest income 31,513 26,073
Interest expense:    
Savings, NOW and money market deposits 3,784 3,098
Time deposits 119 111
Borrowings 1 1
Total interest expense 3,904 3,210
Net interest income 27,609 22,863
Provision for credit losses 1,500 1,000
Net interest income after provision for loan losses 26,109 21,863
Noninterest income:    
Payment processing fees 4,912 5,296
Administrative service income 880 746
Customer related fees, service charges and other 359 347
Total noninterest income 6,151 6,389
Noninterest expense:    
Employee compensation and benefits 10,065 9,161
Occupancy and equipment 1,132 927
Professional and consulting services 1,264 951
FDIC and regulatory assessments 270 222
Advertising and marketing 851 872
Travel and business relations 306 278
Data processing 1,920 1,511
Other operating expenses 940 646
Total noninterest expense 16,748 14,568
Net income before income taxes 15,512 13,684
Income tax expense 4,105 3,626
Net income $ 11,407 $ 10,058
Earnings Per Share, Basic, Other Disclosure [Abstract]    
Basic $ 1.43 $ 1.29
Diluted $ 1.33 $ 1.2