v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Interest income:      
Loans, including fees $ 73,655 $ 66,431 $ 52,317
Investment securities - taxable 15,548 16,084 16,715
Investment securities – non-taxable 1,378 1,420 1,471
Other short-term investments and CDs 6,473 5,487 2,194
Total interest income 97,054 89,422 72,697
Interest expense:      
Deposits 31,247 31,173 16,563
Securities sold under agreement to repurchase 2,713 2,183 1,658
Other borrowed money 1,072 4,026 5,584
Total interest expense 35,032 37,382 23,805
Net interest income 62,022 52,040 48,892
Provision for credit losses 770 809 1,129
Net interest income after provision for credit losses 61,252 51,231 47,763
Non-interest income:      
Deposit service charges 922 952 963
Mortgage banking income 3,270 [1] 2,368 [1] 1,406
Investment advisory fees and non-deposit commissions 7,565 [1] 6,181 [1] 4,511
Loss on sale of securities (1,249)
Gain on sale of other real estate owned 127 [1] [1] 151
Loss on sale of other assets (5)
Other non-recurring income 190 105 121
Other 4,871 [2] 4,403 [2] 4,518
Total non-interest income 16,945 14,004 10,421
Non-interest expense:      
Salaries and employee benefits 31,949 29,263 25,864
Occupancy 3,142 3,094 3,157
Equipment 1,552 1,451 1,566
Marketing and public relations 1,821 1,511 1,496
FDIC insurance assessments 1,117 1,177 904
Other real estate expense (income) 138 103 (112)
Amortization of intangibles 158 158 158
Merger 1,264
Other 12,197 10,708 10,111
Total non-interest expense 53,338 47,465 43,144
Net income before tax 24,859 17,770 15,040
Income tax expense 5,654 3,815 3,197
Net income $ 19,205 $ 13,955 $ 11,843
Basic earnings per common share $ 2.51 $ 1.83 $ 1.56
Diluted earnings per common share $ 2.47 $ 1.81 $ 1.55
[1] Not within the scope of ASC 606
[2] Includes Check Card Fee income discussed above. No other items are both material and within the scope of ASC 606.