Business Segments (Tables)

6 Months Ended

Jun. 30, 2025

Business Segments

Schedule of reconciliation of segment assets to consolidated


		Three Months Ended June 30,						Six Months Ended June 30,
		2025			2024			2025			2024

		(In Thousand)						(In Thousand)
Total interest income		$	38,039		$	40,237		$	76,246		$	78,358
Total interest expense			12,965			14,015			26,908			27,150
Net interest income			25,074			26,222			49,338			51,208
Provision for (reversal of) credit loss			—			(226)			237			(391)
Net interest income after provision for credit losses			25,074			26,448			49,101			51,599
Total non-interest income			858			731			2,093			1,285
Non-interest expense:
Salaries and employee benefits			5,650			5,252			11,583			10,603
Occupancy expense			743			674			1,489			1,381
Equipment			253			221			470			474
Outside data processing			758			607			1,494			1,243
Advertising			123			94			225			182
Real estate owned expense			247			27			277			39
Other			2,734			2,623			5,589			5,257
Total Non-Interest Expenses			10,508			9,498			21,127			19,179
Income before income tax expense			15,424			17,681			30,067			33,705
Income tax expense			4,254			4,883			8,330			9,533
Segment net income			11,170			12,798		$	21,737		$	24,172

Reconciliation of profit or loss
Adjustments and reconciling items			—			—			—			—
Consolidated net income		$	11,170		$	12,798		$	21,737		$	24,172

Earnings per common share - Basis		$	0.85		$	0.98		$	1.65		$	1.84
Earnings per common share - Diluted			0.82			0.97			1.60			1.83


		June 30,			December 31,
		2025			2024

		(In Thousand)
Segment assets
Adjustments and reconciling items		$	—		$	—
Consolidated total assets			1,973,884			2,009,581