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 | $ 11,710 | $ 10,540 | $ 22,925 | $ 20,452 |
| Federal funds sold | 4 | 3 | 8 | 5 |
| Interest-earning deposits with banks | 687 | 663 | 1,325 | 1,355 |
| Investments | 751 | 711 | 1,449 | 1,413 |
| Dividends on equity securities (restricted) | 36 | 41 | 78 | 84 |
| Total interest and dividend income | 13,188 | 11,958 | 25,785 | 23,309 |
| INTEREST EXPENSE | ||||
| Deposits | 3,544 | 3,450 | 7,078 | 6,899 |
| Borrowed funds | 249 | 294 | 495 | 586 |
| Total interest expense | 3,793 | 3,744 | 7,573 | 7,485 |
| NET INTEREST INCOME | 9,395 | 8,214 | 18,212 | 15,824 |
| PROVISION FOR CREDIT LOSSES | 63 | 154 | 303 | 413 |
| NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES | 9,332 | 8,060 | 17,909 | 15,411 |
| NONINTEREST INCOME | ||||
| Service charges and fees | 889 | 899 | 1,726 | 1,776 |
| Card processing and interchange | 1,088 | 988 | 2,074 | 1,853 |
| Financial services fees | 329 | 356 | 748 | 674 |
| Other noninterest income | 214 | 193 | 602 | 546 |
| Total noninterest income | 2,520 | 2,436 | 5,150 | 4,849 |
| NONINTEREST EXPENSES | ||||
| Salaries and employee benefits | 3,885 | 3,652 | 7,769 | 7,450 |
| Occupancy and equipment expense | 873 | 874 | 1,764 | 1,858 |
| Data processing and telecommunications | 607 | 665 | 1,246 | 1,299 |
| Other operating expenses | 2,016 | 2,022 | 3,835 | 3,878 |
| Total noninterest expenses | 7,381 | 7,213 | 14,614 | 14,485 |
| INCOME BEFORE INCOME TAXES | 4,471 | 3,283 | 8,445 | 5,775 |
| INCOME TAX EXPENSE | 1,020 | 751 | 1,932 | 1,335 |
| NET INCOME | $ 3,451 | $ 2,532 | $ 6,513 | $ 4,440 |
| Earnings per share Basic | $ 0.15 | $ 0.11 | $ 0.28 | $ 0.19 |
| Earnings per share Diluted | $ 0.15 | $ 0.11 | $ 0.28 | $ 0.19 |
| Average Weighted Shares of Common Stock - Basic | 23,549,269 | 23,607,372 | 23,556,113 | 23,616,941 |
| Average Weighted Shares of Common Stock - Diluted | 23,549,269 | 23,607,372 | 23,556,113 | 23,616,941 |
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expenses incurred in the period for information technology and data processing products and services. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Income from agency and brokerage operations (includes sales of annuities and supplemental contracts); service charges, commissions, and fees from the sale of insurance and related services; and management fees from separate accounts, deferred annuities, and universal life products. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The interest expense recognized during the period on customer deposits or security deposits held in interest bearing accounts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Interest income derived from funds deposited with both domestic and foreign financial institutions including funds in money market and other accounts. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Interest income on federal funds sold. Federal funds sold represent the excess federal funds held by one commercial bank which it lends to another commercial bank, usually at an agreed-upon (federal funds) rate of interest. Such loans generally are of short-duration (overnight). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income and dividend income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total aggregate amount of all noninterest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Represents the total of noninterest income derived from certain activities and assets including (for example): (1) venture capital investments; (2) bank owned life insurance; (3) foreign currency transactions; and (4) mortgage servicing rights. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of net occupancy expense that may include items, such as depreciation of facilities and equipment, lease expenses, property taxes and property and casualty insurance expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after discount, accretion and premium amortization, of interest income and dividend income classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of noninterest expense classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense related to credit loss from transactions other than loan and lease transactions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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