v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
INTEREST AND DIVIDEND INCOME    
Loans, including fees $ 12,526 $ 10,875
Taxable securities 1,962 1,795
Nontaxable securities 64 75
Other 418 536
Total interest and dividend income 14,970 13,281
INTEREST EXPENSE    
Deposits 3,438 3,527
Short-term borrowings 63 67
Other borrowings 4 6
Total interest expense 3,505 3,600
NET INTEREST INCOME 11,465 9,681
Provision for credit loss expense - loans 484 408
Provision for (recovery of) credit loss expense - off-balance sheet commitments 11 (6)
Total provision for credit loss expense 495 402
NET INTEREST INCOME AFTER CREDIT LOSS EXPENSE 10,970 9,279
NONINTEREST INCOME    
Gain on sale of loans, net 52 49
Earnings on bank owned life insurance 255 216
Unrealized gain on equity securities 24  
Other income 183 193
Total noninterest income 1,872 1,696
NONINTEREST EXPENSES    
Salaries and employee benefits 4,233 3,697
Occupancy expense 348 356
Equipment expense 208 206
Professional and director fees 458 413
Financial institutions tax 253 230
Marketing and public relations 131 105
Software expense 521 403
Debit card expense 208 211
FDIC insurance expense 147 150
Other expenses 798 710
Total noninterest expenses 7,305 6,481
Income before income taxes 5,537 4,494
FEDERAL INCOME TAX PROVISION 1,093 878
NET INCOME $ 4,444 $ 3,616
Basic net earnings per share $ 1.69 $ 1.37
Diluted net earnings per share $ 1.69 $ 1.37
Deposit Account [Member]    
NONINTEREST INCOME    
Noninterest income $ 306 $ 295
Fiduciary and Trust [Member]    
NONINTEREST INCOME    
Noninterest income 318 278
Debit Card [Member]    
NONINTEREST INCOME    
Noninterest income 543 515
Credit Card [Member]    
NONINTEREST INCOME    
Noninterest income $ 191 $ 150