v3.25.2
Business Segments - Profit (loss) reconciliation (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
$ / shares
Mar. 31, 2025
USD ($)
Jun. 30, 2024
USD ($)
$ / shares
Mar. 31, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
$ / shares
Jun. 30, 2024
USD ($)
$ / shares
Business Segments            
Number of reportable segment | segment         1  
Total interest income $ 38,039,000   $ 40,237,000   $ 76,246,000 $ 78,358,000
Total interest expense 12,965,000   14,015,000   26,908,000 27,150,000
Net interest income 25,074,000   26,222,000   49,338,000 51,208,000
Provision for (reversal of) credit losses     (226,000)   237,000 (391,000)
Net interest income after provision for credit losses 25,074,000   26,448,000   49,101,000 51,599,000
Total non-interest income 858,000   731,000   2,093,000 1,285,000
Non-interest expense:            
Salaries and employee benefits 5,650,000   5,252,000   11,583,000 10,603,000
Occupancy expense 743,000   674,000   1,489,000 1,381,000
Equipment 253,000   221,000   470,000 474,000
Outside data processing 758,000   607,000   1,494,000 1,243,000
Advertising 123,000   94,000   225,000 182,000
Real estate owned expense 247,000   27,000   277,000 39,000
Other 2,734,000   2,623,000   5,589,000 5,257,000
Total Non-Interest Expenses 10,508,000   9,498,000   21,127,000 19,179,000
Income before income tax expense 15,424,000   17,681,000   30,067,000 33,705,000
Income tax expense 4,254,000   4,883,000   8,330,000 9,533,000
Net Income 11,170,000 $ 10,567,000 12,798,000 $ 11,374,000 21,737,000 24,172,000
Reconciliation of profit or loss            
Net Income (Loss) $ 11,170,000 $ 10,567,000 $ 12,798,000 $ 11,374,000 $ 21,737,000 $ 24,172,000
Basic (in $ per share) | $ / shares $ 0.85   $ 0.98   $ 1.65 $ 1.84
Diluted (in $ per share) | $ / shares $ 0.82   $ 0.97   $ 1.6 $ 1.83
Operating segments | Single reportable segment            
Business Segments            
Total interest income $ 38,039,000   $ 40,237,000   $ 76,246,000 $ 78,358,000
Total interest expense 12,965,000   14,015,000   26,908,000 27,150,000
Net interest income 25,074,000   26,222,000   49,338,000 51,208,000
Provision for (reversal of) credit losses     (226,000)   237,000 (391,000)
Net interest income after provision for credit losses 25,074,000   26,448,000   49,101,000 51,599,000
Total non-interest income 858,000   731,000   2,093,000 1,285,000
Non-interest expense:            
Salaries and employee benefits 5,650,000   5,252,000   11,583,000 10,603,000
Occupancy expense 743,000   674,000   1,489,000 1,381,000
Equipment 253,000   221,000   470,000 474,000
Outside data processing 758,000   607,000   1,494,000 1,243,000
Advertising 123,000   94,000   225,000 182,000
Real estate owned expense 247,000   27,000   277,000 39,000
Other 2,734,000   2,623,000   5,589,000 5,257,000
Total Non-Interest Expenses 10,508,000   9,498,000   21,127,000 19,179,000
Income before income tax expense 15,424,000   17,681,000   30,067,000 33,705,000
Income tax expense 4,254,000   4,883,000   8,330,000 9,533,000
Net Income 11,170,000   12,798,000   21,737,000 24,172,000
Reconciliation of profit or loss            
Net Income (Loss) $ 11,170,000   $ 12,798,000   $ 21,737,000 $ 24,172,000