v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and Dividend Income    
Interest and fees on loans $ 21,017 $ 20,639
Interest on deposits in banks 1,170 1,671
Interest on federal funds sold 0 39
Interest and dividends on securities:    
Taxable interest 1,786 1,314
Tax-exempt interest 292 300
Dividends 64 59
Total interest and dividend income 24,329 24,022
Interest Expense    
Interest on deposits 5,414 6,038
Interest on subordinated debt 168 467
Interest on junior subordinated debt 66 66
Interest on other borrowings 5 0
Total interest expense 5,653 6,571
Net interest income 18,676 17,451
Provision for credit losses 450 832
Net interest income after provision for credit losses 18,226 16,619
Noninterest Income    
Noninterest income 3,284 3,275
Income from bank owned life insurance 259 246
Other operating income 281 90
Total noninterest income 3,824 3,611
Noninterest Expense    
Salaries and employee benefits 8,982 8,689
Occupancy 972 1,069
Equipment 1,093 1,024
Marketing 341 220
Supplies 146 217
Legal and professional fees 688 522
ATM and check card expense 571 438
FDIC assessment 227 414
Bank franchise tax 380 317
Data processing expense 394 762
Internet banking expense 53 351
Core deposit intangible amortization expense 434 442
Net (gains) losses on disposal of premises and equipment 0 (1)
Merger expense 0 1,940
Miscellaneous losses 137 316
Other operating expense 1,564 1,615
Total noninterest expense 15,982 18,335
Net impact to income before taxes 6,068 1,895
Income tax expense 1,181 297
Net income $ 4,887 $ 1,598
Earnings per common share    
Basic (in dollars per share) $ 0.54 $ 0.18
Diluted (in dollars per share) $ 0.54 $ 0.18
Deposit Account [Member]    
Noninterest Income    
Noninterest income $ 924 $ 1,013
Credit and Debit Card [Member]    
Noninterest Income    
Noninterest income 1,047 996
Asset Management [Member]    
Noninterest Income    
Noninterest income 911 898
Financial Service, Other [Member]    
Noninterest Income    
Noninterest income 287 258
Mortgage Banking [Member]    
Noninterest Income    
Noninterest income $ 115 $ 110