v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and dividend income:    
Loans $ 24,411 $ 21,170
Securities 3,008 3,781
Interest-earning deposits with banks and other 953 897
Total interest and dividend income 28,372 25,848
Interest expense:    
Deposits 7,352 6,418
Borrowings and other 273 347
Total interest expense 7,625 6,765
Net interest income 20,747 19,083
Provision for credit losses 780 800
Net interest income after provision for credit losses 19,967 18,283
Noninterest income:    
Bank fees and service charges 1,465 1,364
Insurance and wealth management services 2,471 2,326
Other (76) 35
Total noninterest income 3,860 3,725
Noninterest expense:    
Salaries and employee benefits 8,744 8,294
Net occupancy and equipment 2,043 1,948
Data processing 1,030 844
Advertising and marketing 204 243
Insurance premiums 240 251
Federal Deposit Insurance Corporation insurance premiums 238 225
Professional fees 4,651 1,935
Other 971 851
Total noninterest expense 18,121 14,591
Income before income taxes 5,706 7,417
Income tax expense 416 1,654
Net income $ 5,290 $ 5,763
Net earnings per common share:    
Basic (in dollars per share) $ 0.22 $ 0.23
Diluted (in dollars per share) $ 0.22 $ 0.23
Weighted average shares outstanding - basic (in shares) 24,101,429 24,812,752
Weighted average shares outstanding - diluted (in shares) 24,342,965 24,937,030