v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income:    
Interest and fees on loans $ 35,891 $ 31,476
Interest and dividends on investments 222 288
Interest on deposits with banks 827 2,082
Total interest income 36,940 33,846
Interest expense:    
Interest on deposits 13,428 15,169
Interest on borrowings 1,380 2,070
Total interest expense 14,808 17,239
Net interest income 22,132 16,607
Provision for credit losses 202 590
Net interest income after provision for credit losses 21,930 16,017
Non-interest income    
Service fees on deposit accounts 289 308
Other loan fees 161 178
Bank owned life insurance income 220 165
Other 183 170
Total non-interest income 853 821
Non-interest expense    
Compensation and benefits 3,704 3,291
Professional services 598 714
Occupancy and equipment 761 687
Data processing 317 421
FDIC insurance and other assessments 373 350
OREO expense 80 127
Other operating expense 1,381 948
Total non-interest expense 7,214 6,538
Income before income tax expense 15,569 10,300
Income tax expense 3,725 2,522
Net income attributable to the Company 11,844 7,778
Less: Preferred stock dividend (5) (5)
Net income available to common shareholders $ 11,839 $ 7,773
Earnings per common share    
Basic (in dollars per share) $ 1.01 $ 0.66
Diluted (in dollars per share) $ 0.99 $ 0.65
Weighted average common shares outstanding    
Basic (in shares) 11,706,574 11,836,384
Diluted (in shares) 11,903,776 12,006,965