v3.25.2
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
INTEREST INCOME        
Interest and fees on loans $ 14,316 $ 13,106 $ 28,305 $ 25,707
Interest on securities 5,279 5,099 10,654 10,181
Interest on federal funds sold 290 395 640 726
Interest on deposits with banks 1,536 1,645 2,938 3,623
Total interest income 21,421 20,245 42,537 40,237
INTEREST EXPENSE        
Deposits 3,267 2,953 6,576 5,704
Total interest expense 3,267 2,953 6,576 5,704
Net interest income 18,154 17,292 35,961 34,533
Provision for credit losses 0 0 0 0
Net interest income after provision for credit losses 18,154 17,292 35,961 34,533
NON-INTEREST INCOME        
Earnings on cash surrender value of life insurance 300 255 587 477
Gains on sales and calls of available-for-sale securities 2 34 2 114
Other 531 616 1,006 996
Total non-interest income 1,703 1,760 3,316 3,279
NON-INTEREST EXPENSE        
Salaries and employee benefits 7,693 7,201 15,443 14,523
Occupancy expenses 1,122 1,131 2,249 2,295
Data processing fees 723 741 1,464 1,441
Regulatory assessments (FDIC & DFPI) 280 260 565 550
Other operating expenses 2,870 2,283 5,591 4,336
Total non-interest expense 12,688 11,616 25,312 23,145
Net income before provision for income taxes 7,169 7,436 13,965 14,667
Total provision for income taxes 1,581 1,547 3,080 3,051
Net Income $ 5,588 $ 5,889 $ 10,885 $ 11,616
Net income per share (in dollars per share) $ 0.68 $ 0.72 $ 1.32 $ 1.41
Net income per diluted share (in dollars per share) $ 0.67 $ 0.71 $ 1.31 $ 1.41
Deposit Account [Member]        
NON-INTEREST INCOME        
Other income $ 427 $ 412 $ 873 $ 817
Debit Card [Member]        
NON-INTEREST INCOME        
Other income 436 438 832 861
Mortgage Banking [Member]        
NON-INTEREST INCOME        
Other income $ 7 $ 5 $ 16 $ 14