v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Interest Income    
Interest and fees on loans $ 55,451 $ 47,912
Interest on federal funds sold 5 26
Interest on interest-bearing deposits 3,183 4,070
Interest on securities - taxable 15,331 16,682
Interest on securities – nontaxable 1,343 1,345
Total interest income 75,313 70,035
Interest Expense    
Interest on time deposits 12,068 13,047
Interest on other deposits 17,303 20,675
Interest on borrowings 381 2
Total interest expense 29,752 33,724
Net interest income 45,561 36,311
(Recovery of) provision for credit losses (16) 1,227
Net interest income after (recovery of) provision for credit losses 45,577 35,084
Noninterest Income:    
Noninterest Income 8,176 7,446
BOLI income 1,199 1,120
Gain on sale of mortgage loans held for sale 226 168
Other income 1,312 1,034
Total noninterest income 10,002 9,046
Noninterest Expense    
Salaries and employee benefits 20,858 19,181
Occupancy, furniture and fixtures 3,077 2,650
Data processing 3,421 3,558
FDIC assessment 831 812
Intangible asset amortization 373 237
Franchise taxes 1,431 1,454
Professional services 1,446 1,051
Merger-related expense 0 2,916
Core system conversion expense 2,076 173
Other operating expenses 2,900 2,976
Total noninterest expense 36,413 35,008
Income before income tax expense 19,166 9,122
Income tax expense 3,340 1,499
Net Income $ 15,826 $ 7,623
Basic net income per common share (in dollars per share) $ 2.49 $ 1.24
Diluted net income per common share $ 2.49 $ 1.24
Weighted average number of common shares outstanding, basic (in shares) 6,359,960 6,161,428
Weighted average number of common shares outstanding, diluted 6,362,505 6,163,610
Dividends declared per common share $ 1.51 $ 1.51
Book value per common share $ 29.04 $ 24.58
Deposit Account [Member]    
Noninterest Income:    
Noninterest Income $ 2,804 $ 2,728
Product and Service, Other [Member]    
Noninterest Income:    
Noninterest Income 310 371
Credit and Debit Card [Member]    
Noninterest Income:    
Noninterest Income 1,679 1,448
Fiduciary and Trust [Member]    
Noninterest Income:    
Noninterest Income $ 2,472 $ 2,177