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 AND DIVIDEND INCOME        
Loans, Including Fees $ 16,177 $ 15,492 $ 32,134 $ 30,020
Investment Securities:        
Taxable 3,351 2,860 6,351 5,637
Tax-Exempt 452 0 868 0
Dividends 7 9 14 37
Other Interest and Dividend Income 919 399 1,192 912
TOTAL INTEREST AND DIVIDEND INCOME 20,906 18,760 40,559 36,606
INTEREST EXPENSE        
Deposits 5,940 5,721 11,172 11,833
Short-Term Borrowings 70 108 258 131
Other Borrowings 362 391 721 792
TOTAL INTEREST EXPENSE 6,372 6,220 12,151 12,756
NET INTEREST AND DIVIDEND INCOME 14,534 12,540 28,408 23,850
NET INTEREST AND DIVIDEND INCOME AFTER NET PROVISION (RECOVERY) FOR CREDIT LOSSES 14,517 12,532 28,149 23,882
NONINTEREST INCOME        
Net Gain on Sale of Loans 45 26 56 49
Net Loss on Investment Securities (18) 0 (10) (69)
Net Gain on Purchased Tax Credits 10 4 21 7
Income from Bank-Owned Life Insurance 163 148 315 297
Other Income 115 127 266 282
TOTAL NONINTEREST INCOME 972 931 1,936 1,718
NONINTEREST EXPENSE        
Salaries and Employee Benefits 6,120 5,088 12,117 11,124
Occupancy 615 616 1,271 1,366
Equipment 364 372 713 702
Data Processing 1,140 761 2,081 1,558
Federal Deposit Insurance Corporation Assessment 176 203 349 379
Pennsylvania Shares Tax 267 143 554 400
Contracted Services 436 382 841 692
Legal and Professional Fees 198 117 420 378
Advertising 115 124 258 242
Other Real Estate Owned 0 1 0 2
Other Expense 959 941 1,801 1,706
TOTAL NONINTEREST EXPENSE 10,390 8,748 20,405 18,549
Income Before Income Tax Expense 5,099 4,715 9,680 7,051
Income Tax Expense 798 766 1,512 1,193
Net Income $ 4,301 $ 3,949 $ 8,168 $ 5,858
EARNINGS PER SHARE        
Basic (in dollars per share) $ 0.85 $ 0.79 $ 1.61 $ 1.15
Diluted (in dollars per share) $ 0.80 $ 0.74 $ 1.54 $ 1.09
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in shares) 5,073,474 5,022,813 5,063,585 5,073,911
Diluted (in shares) 5,353,959 5,332,026 5,319,645 5,387,924
Service Fees        
NONINTEREST INCOME        
Revenue from contract with customer, excluding assessed tax $ 582 $ 559 $ 1,136 $ 1,021
Commissions        
NONINTEREST INCOME        
Revenue from contract with customer, excluding assessed tax 75 67 152 131
Loans        
INTEREST EXPENSE        
Provision (Recovery) for Credit Losses - Loans 157 (136) 385 (68)
Unfunded Commitments        
INTEREST EXPENSE        
Provision (Recovery) for Credit Losses - Loans $ (140) $ 144 $ (126) $ 36