v3.25.4
Consolidated Quarterly Results of Operations (unaudited)
12 Months Ended
Dec. 31, 2025
Quarterly Financial Information Disclosure [Abstract]  
Consolidated Quarterly Results of Operations (unaudited) Consolidated Quarterly Results of Operations (unaudited)
(dollars in thousands, except per share data)First QuarterSecond QuarterThird QuarterFourth Quarter
Year Ended December 31, 2025
Total interest income$47,201 $48,629 $49,222 $48,720 
Total interest expense15,452 15,278 15,116 14,672 
Net interest income31,749 33,351 34,106 34,048 
Provision (reversal) for loan losses
394 489 (229)480 
Net interest income after provision for loan losses31,355 32,862 34,335 33,568 
Noninterest income4,009 3,716 3,738 3,998 
Noninterest expense21,579 22,407 22,531 23,046 
Income before income taxes13,785 14,171 15,542 14,520 
Income tax expense2,821 2,841 3,185 3,109 
Net income$10,964 $11,330 $12,357 $11,411 
Earnings per share – basic$1.38 $1.47 $1.60 $1.48 
Earnings per share – diluted$1.37 $1.45 $1.59 $1.46 
 
Year Ended December 31, 2024
Total interest income$44,126 $45,458 $47,379 $47,804 
Total interest expense15,225 16,065 16,997 16,218 
Net interest income28,901 29,393 30,382 31,586 
Provision for loan losses141 1,261 140 873 
Net interest income after provision for loan losses28,760 28,132 30,242 30,713 
Noninterest income3,549 3,755 3,692 3,629 
Noninterest expense20,868 21,808 22,258 22,355 
Income before income taxes11,441 10,079 11,676 11,987 
Income tax expense2,242 1,961 2,239 2,314 
Net income$9,199 $8,118 $9,437 $9,673 
Earnings per share – basic$1.15 $1.02 $1.19 $1.22 
Earnings per share – diluted$1.14 $1.02 $1.18 $1.21 
Year Ended December 31, 2023
Total interest income$38,115 $40,071 $42,078 $43,399 
Total interest expense6,520 9,765 12,569 14,117 
Net interest income31,595 30,306 29,509 29,282 
Provision for loan losses814 511 351 665 
Net interest income after provision for loan losses30,781 29,795 29,158 28,617 
Noninterest income3,311 3,448 4,399 3,478 
Noninterest expense19,940 20,959 21,338 20,604 
Income before income taxes14,152 12,284 12,219 11,491 
Income tax expense2,832 2,503 2,465 2,106 
Net income$11,320 $9,781 $9,754 $9,385 
Earnings per share – basic$1.40 $1.22 $1.22 $1.18 
Earnings per share – diluted$1.39 $1.21 $1.22 $1.17