v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - 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 $ 14,359 $ 14,359 $ 28,484 $ 28,128
Interest and dividend income on securities:        
Taxable 3,586 3,814 7,224 7,747
Tax-exempt 207 230 416 474
Dividends 25 18 39 30
Dividend income on restricted investment in bank stocks 206 195 407 394
Interest on interest-bearing deposits in other banks 1,593 268 2,648 321
Total interest income 19,976 18,884 39,218 37,094
INTEREST EXPENSE        
Interest on deposits 6,469 6,395 13,379 12,781
Interest on short-term borrowings 1,455 1,473 2,937 3,030
Interest on long-term borrowings 1,237 1,237 2,461 2,461
Interest on subordinated debt 499 274 994 547
Total interest expense 9,660 9,379 19,771 18,819
Net interest income 10,316 9,505 19,447 18,275
(Recovery of) provision for credit losses (299) (237) (689) 514
Net interest income after provision for credit losses 10,615 9,742 20,136 17,761
NON-INTEREST INCOME        
Increase in cash surrender value of life insurance 174 155 344 320
ATM fees and debit card income 599 576 1,143 1,119
Net gains on sales of mortgage loans 13 18 59 38
Net securities gains 374 105 548 19
Gains from life insurance proceeds   20   255
Other 132 84 184 159
Total non-interest income 2,145 1,798 3,958 3,557
NON-INTEREST EXPENSE        
Salaries and employee benefits 4,228 4,303 9,195 8,933
Occupancy, net 570 562 1,211 1,172
Furniture and equipment expense 209 211 425 403
Computer expense 507 416 1,061 829
Professional services 441 374 904 752
Pennsylvania shares tax 272 267 543 488
FDIC insurance, net 320 304 643 613
ATM and debit card fees 347 306 609 553
Data processing fees 422 385 813 742
Advertising 100 138 182 243
Other 1,022 995 2,025 2,182
Total non-interest expense 8,438 8,261 17,611 16,910
Income before income tax expense 4,322 3,279 6,483 4,408
Income tax expense 545 365 747 441
NET INCOME $ 3,777 $ 2,914 $ 5,736 $ 3,967
Net income per share:        
Basic $ 0.6 $ 0.47 $ 0.91 $ 0.64
Diluted 0.6 0.47 0.91 0.64
Dividends per share $ 0.28 $ 0.28 $ 0.56 $ 0.56
Trust department        
NON-INTEREST INCOME        
Non-interest income $ 295 $ 280 $ 581 $ 541
Service charges and fees        
NON-INTEREST INCOME        
Non-interest income $ 558 $ 560 $ 1,099 $ 1,106