v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest Income    
Loans, including fees $ 4,654 $ 4,400
Debt securities    
Taxable 726 984
Non taxable 36 44
Dividends on restricted investments 34 50
Federal funds sold 61 62
Deposits with banks 59 104
Financial derivative   (10)
Total interest income 5,570 5,634
Interest Expense    
Deposits 1,648 1,799
Advances from FHLB 489 503
Other 2 4
Total interest expense 2,139 2,306
Net Interest Income 3,431 3,328
Provision for credit losses - loans 6 63
Provision for Credit Losses - off-balance sheet credit exposures   50
Provision for Credit Losses 6 113
Net Interest Income After Provision for Credit Losses 3,425 3,215
Noninterest Income    
Service charges on deposit accounts 180 165
Other service charges and fees 275 302
Net loss on sale of other real estate owned (25)  
Fair value adjustments to other real estate owned   (52)
Net appreciation on bank-owned life insurance 43 41
Other income 225 6
Total noninterest income 698 462
Noninterest Expenses    
Salaries and employee benefits 1,643 1,654
Occupancy and equipment expense 288 247
Data processing 277 234
Technology expense 134 57
Contract services 69 67
Director fees 53 71
Other expense 704 598
Total noninterest expense 3,168 2,928
Income Before Income Taxes 955 749
Income Tax Expense 119 106
Net Income $ 836 $ 643
Earnings per share - basic (in dollars per share) $ 0.32 $ 0.22
Earnings per share - diluted (in dollars per share) $ 0.31 $ 0.22
Weighted-average shares outstanding - basic (in shares) 2,645,472 2,863,916
Weighted-average shares outstanding - diluted (in shares) 2,736,745 2,965,742