v3.26.1
Note 12 - Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Segment Reporting [Table Text Block]
  

For the Three Months Ended March 31, 2026

 

(in thousands)

 

Community Banking

  

Wealth Management

  

Total

 
             

Interest Income

 $24,240  $89  $24,329 

Interest Expense

  5,653      5,653 

Net interest income

 $18,587  $89  $18,676 

Provision for credit losses

  450      450 

Net interest income after provision for credit losses

 $18,137  $89  $18,226 

Noninterest Income:

            

Service charges on deposit accounts

 $924  $  $924 

ATM and check card fees

  1,047      1,047 

Wealth management fees

     911   911 

Other operating income

  942      942 

Total noninterest income

 $2,913  $911  $3,824 

Noninterest Expense:

            

Salaries and employee benefits

 $8,753  $229  $8,982 

Occupancy

  965   7   972 

Equipment

  1,092   1   1,093 

Legal and professional fees

  684   4   688 

Data processing expense

  359   35   394 

Investment management

     295   295 

Other operating expense

  3,518   40   3,558 

Total noninterest expense

 $15,371  $611  $15,982 

Income before income taxes

 $5,679  $389  $6,068 

Income tax expense

  1,105   76   1,181 

Net income

 $4,574  $313  $4,887 
  

For the Three Months Ended March 31, 2025

 

(in thousands)

 

Community Banking

  

Wealth Management

  

Total

 
             

Interest Income

 $23,959  $63  $24,022 

Interest Expense

  6,571      6,571 

Net interest income

 $17,388  $63  $17,451 

Provision for credit losses

  832      832 

Net interest income after provision for credit losses

 $16,556  $63  $16,619 

Noninterest Income:

            

Service charges on deposit accounts

 $1,013  $  $1,013 

ATM and check card fees

  996      996 

Wealth management fees

     898   898 

Other operating income

  704      704 

Total noninterest income

 $2,713  $898  $3,611 

Noninterest Expense:

            

Salaries and employee benefits

 $8,457  $232  $8,689 

Occupancy

  1,062   7   1,069 

Equipment

  1,023   1   1,024 

Legal and professional fees

  518   4   522 

Data processing expense

  726   36   762 

Investment management

     320   320 

Other operating expense

  5,942   7   5,949 

Total noninterest expense

 $17,728  $607  $18,335 

Income before income taxes

 $1,541  $354  $1,895 

Income tax expense

  242   55   297 

Net income

 $1,299  $299  $1,598