v3.26.1
Consolidated Statements of Income (unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income:    
Loans, including fees $ 85,893,000 $ 73,087,000
Investment securities available-for-sale 6,107,000 5,693,000
Investment securities held-to-maturity 2,398,000  
Federal funds sold and other 2,988,000 1,986,000
Total interest income 97,386,000 80,766,000
Interest expense:    
Deposit accounts 41,484,000 36,226,000
FHLB advances and other borrowings 2,257,000 1,743,000
Total interest expense 43,741,000 37,969,000
Net interest income 53,645,000 42,797,000
Provision for credit losses 580,000 450,000
Net interest income after provision for credit losses 53,065,000 42,347,000
Noninterest income:    
Service charges and fees 3,175,000 2,277,000
Earnings on bank-owned life insurance 750,000 677,000
Loss on sale of investment securities available-for-sale (11,000) (228,000)
Gain on sales of SBA loans   30,000
Other 119,000 351,000
Total noninterest income 4,033,000 3,107,000
Noninterest expense:    
Salaries and employee benefits 24,808,000 18,341,000
Occupancy and equipment expense 3,349,000 2,834,000
Legal and professional 3,221,000 1,431,000
Data processing and network expense 1,414,000 1,120,000
Regulatory assessments 1,210,000 1,306,000
Advertising and marketing 639,000 409,000
Software purchases and maintenance 1,419,000 1,259,000
Loan operations and other real estate owned expense 537,000 269,000
Telephone and communications 144,000 175,000
Other 1,362,000 964,000
Total noninterest expense 38,103,000 28,108,000
Net income before income tax expense 18,995,000 17,346,000
Income tax expense 2,627,000 3,757,000
Net income 16,368,000 13,589,000
Preferred stock dividends declared 1,171,000 1,171,000
Net income available to common shareholders $ 15,197,000 $ 12,418,000
Earnings per common share:    
Basic earnings per share $ 1.03 $ 0.9
Diluted earnings per share $ 0.88 $ 0.78