v3.26.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest Income    
Loans $ 2,087,037 $ 1,795,451
Investment securities 686,763 309,277
Interest-bearing deposits and other 294,009 429,111
Total interest income 3,067,809 2,533,839
Interest Expense    
Deposits 556,482 572,084
Federal Home Loan Bank advances 310,498 33
Total interest expense 866,980 572,117
Net Interest Income 2,200,829 1,961,722
Provision for Credit Losses 72,800 0
Net Interest Income After Provision for Credit Losses 2,128,029 1,961,722
Noninterest Income    
Service fees on deposits 250,233 242,564
Debit card fees 97,529 93,505
Mortgage loan servicing fees, net 40,319 32,956
Gain on sale of loans 21,197 36,418
Other noninterest income 99,346 49,412
Total noninterest income 508,624 454,855
Noninterest Expense    
Salaries and employee benefits 1,211,948 1,119,208
Occupancy and equipment 136,663 148,718
Data processing fees 172,223 150,658
FDIC insurance premiums 26,000 24,353
Advertising 59,127 43,210
Directors fees 28,100 24,100
Debit card expense 19,559 10,765
Professional fees 158,023 103,805
Telephone and internet 35,981 35,240
Other 205,255 187,462
Total noninterest expense 2,052,879 1,847,519
Income before income taxes 583,774 569,058
Provision for income taxes 165,631 167,513
Net Income $ 418,143 $ 401,545
Earnings per share - basic $ 0.5  
Earnings per share - diluted $ 0.5