v3.26.1
Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
INTEREST INCOME        
Interest and fees on loans $ 21,852 $ 21,549 $ 43,944 $ 42,745
Interest and fees on loans held for sale 3 3 7 5
Interest on investment securities:        
Taxable 1,364 1,398 2,528 2,702
Nontaxable 585 586 1,169 1,173
Federal funds sold and Other interest-bearing deposits 449 290 886 539
Dividends on other investments 99 85 212 205
Total interest income 24,352 23,911 48,746 47,369
Interest on deposits:        
Savings, interest checking and money market 3,508 4,086 7,170 8,435
Time deposits 2,177 2,422 4,386 4,886
Total interest expense on deposits 5,685 6,508 11,556 13,321
Interest on federal funds purchased and securities sold under agreements to repurchase and other 13 1 26 1
Interest on Federal Home Loan Bank advances 617 404 1,252 903
Interest on subordinated notes 779 856 1,552 1,708
Total interest expense on borrowings 1,409 1,261 2,830 2,612
Total interest expense 7,094 7,769 14,386 15,933
Net interest income 17,258 16,142 34,360 31,436
Release of credit losses on loans (65) (159) (185) (441)
Provision for credit losses on unfunded commitments 303 108 496 50
Total provision for (release of) credit losses on loans and unfunded commitments 238 (51) 311 (391)
Net interest income after provision for (release of) credit losses on loans and unfunded commitments 17,020 16,193 34,049 31,827
NON-INTEREST INCOME        
Earnings on bank-owned life insurance 498 509 991 1,019
Gain on sale of mortgage loans, net 69 117 146 242
Gains (losses) on other real estate owned and other assets, net 335 (177) 302 (156)
Other 1,988 611 2,208 1,105
Total non-interest income 5,377 3,545 8,477 7,008
Investment securities gains (losses), net 280 (1) 285 (3)
NON-INTEREST EXPENSE        
Salaries and employee benefits 7,593 6,703 14,407 13,615
Occupancy expense, net 859 947 1,850 1,883
Furniture and equipment expense 791 673 1,561 1,466
Processing, network, and bank card expense 1,419 1,443 2,837 2,844
Legal, examination, and professional fees 944 428 1,746 921
Advertising and promotion 236 212 439 372
Postage, printing, and supplies 202 342 501 636
Other 1,703 1,521 3,408 3,031
Total non-interest expense 13,747 12,269 26,749 24,768
Income before income taxes 8,930 7,468 16,062 14,064
Income tax expense 1,604 1,367 2,993 2,580
Net income $ 7,326 $ 6,101 $ 13,069 $ 11,484
Basic earnings per share (in dollars per share) $ 1.06 $ 0.88 $ 1.89 $ 1.65
Diluted earnings per share (in dollars per share) $ 1.06 $ 0.88 $ 1.89 $ 1.65
Service charges and other fees        
NON-INTEREST INCOME        
Income from fees $ 815 $ 940 $ 1,635 $ 1,853
Bank card income and fees        
NON-INTEREST INCOME        
Income from fees 1,018 1,003 1,925 1,929
Wealth management revenue        
NON-INTEREST INCOME        
Income from fees $ 654 $ 542 $ 1,270 $ 1,016