v3.26.1
Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest income:        
Loans, including fees $ 8,184 $ 7,676 $ 16,117 $ 15,219
Securities - Taxable 1,202 1,319 2,425 2,668
Federal funds sold and interest bearing bank deposits 1,194 1,116 2,399 2,085
Total interest income 10,580 10,111 20,941 19,972
Interest expense:        
Deposits 2,692 2,766 5,320 5,582
Short-term borrowings 0 1 0 1
Total interest expense 2,692 2,767 5,320 5,583
Net interest income 7,888 7,344 15,621 14,389
Provision for credit losses (248) 113 (324) 103
Net interest income after provision for loan losses 8,136 7,231 15,945 14,286
Noninterest income:        
Service charge on deposit accounts 153 152 306 307
Mortgage lending 132 131 304 224
Bank-owned life insurance income 171 101 279 206
Other noninterest income 422 405 882 799
Total noninterest income 878 789 1,771 1,536
Noninterest expense:        
Salaries and benefits 3,267 3,258 6,637 6,568
Net occupancy and equipment 552 604 1,127 1,318
Professional fees 327 385 776 672
Other noninterest expense 1,959 1,455 3,466 3,024
Total noninterest expense 6,105 5,702 12,006 11,582
Earnings before income taxes 2,909 2,318 5,710 4,240
Income tax expense 611 485 1,214 877
Net earnings $ 2,298 $ 1,833 $ 4,496 $ 3,363
Net earnings per share basic:        
Basic earnings per share $ 0.66 $ 0.52 $ 1.29 $ 0.96
Diluted Earnings Per Share $ 0.66 $ 0.52 $ 1.29 $ 0.96
Weighted average shares outstanding:        
Basic weighted average shares outstanding 3,492,107 3,493,699 3,493,162 3,493,699
Diluted weighted average shares outstanding 3,492,107 3,493,699 3,494,292 3,493,699