v3.25.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest and Other Income [Abstract]        
Interest and fees on loans $ 3,635 $ 3,465 $ 7,031 $ 7,027
Interest and Dividend Income, Securities, by Security Type [Abstract]        
U. S. Treasuries 1,599 2,510 2,950 4,188
Mortgage-backed securities 399 598 944 1,326
States and political subdivisions 911 967 1,892 2,004
Collateralized mortgage obligations 552 800 1,093 1,655
Other investments 6 27 13 66
Interest on balances due from depository institutions 362 328 1,100 1,358
Total interest income 7,464 8,695 15,023 17,624
Interest expense:        
Deposits 1,982 2,155 3,873 4,193
Borrowings 10 637 10 835
Total interest expense 1,992 2,792 3,883 5,028
Net interest income 5,472 5,903 11,140 12,596
Provision for credit losses     (5)  
Net interest income after provision for credit losses 5,472 5,903 11,145 12,596
Non-interest income:        
Increase in cash surrender value of life insurance 122 120 242 240
Gain (loss) on sale of property, plant and equipment, net       42
Other income 214 215 401 409
Total non-interest income 1,777 1,761 3,480 3,504
Non-interest expense:        
Salaries and employee benefits 2,729 2,670 5,445 5,170
Net occupancy 564 549 1,127 1,086
Equipment rentals, depreciation and maintenance 692 754 1,475 1,455
FDIC and state banking assessments 105 90 201 198
Data processing 376 330 690 644
ATM expense 246 149 537 403
Legal expense 109 208 173 320
Other expense 941 814 1,805 1,678
Total non-interest expense 5,762 5,564 11,453 10,954
Income before income taxes 1,487 2,100 3,172 5,146
Income tax (benefit) expense 245 (229) 620 402
Net income $ 1,242 $ 2,329 $ 2,552 $ 4,744
Basic earnings per share (in dollars per share) $ 0.27 $ 0.5 $ 0.55 $ 1.02
Diluted earnings per share (in dollars per share) 0.27 0.5 0.55 1.02
Dividends declared per share (in dollars per share) $ 0.18 $ 0.18 $ 0.18 $ 0.18
Trust department income and fees        
Non-interest income:        
Revenue $ 624 $ 617 $ 1,250 $ 1,235
Service charges on deposit accounts        
Non-interest income:        
Revenue $ 817 $ 809 $ 1,587 $ 1,578