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 $ 14,068 $ 13,494 $ 28,012 $ 26,454
Interest on federal funds sold 0 2 0 5
Interest on interest-bearing deposits 605 978 1,029 2,017
Interest on securities – taxable 4,439 3,725 8,672 7,585
Interest on securities – nontaxable 342 337 682 673
Total interest income 19,454 18,536 38,395 36,734
Interest Expense        
Interest on time deposits 2,541 3,058 5,172 6,369
Interest on other deposits 3,856 4,488 7,543 9,124
Interest on borrowings 7 0 7 0
Total interest expense 6,404 7,546 12,722 15,493
Net interest income 13,050 10,990 25,673 21,241
Provision for credit losses 317 36 244 312
Net interest income after provision for credit losses 12,733 10,954 25,429 20,929
Noninterest Income:        
Noninterest Income 2,178 1,921 4,386 4,053
BOLI income 306 297 607 589
Gain on sale of mortgage loans held for sale 75 54 94 79
Other income 278 177 805 642
Gain on sale of equity investment 6,566   6,566  
Loss on sale of securities, net (6,549)   (6,549)  
Total noninterest income 2,646 2,279 5,325 4,839
Noninterest Expense        
Salaries and employee benefits 5,788 5,211 11,622 10,391
Occupancy, furniture and fixtures 838 731 1,722 1,470
Data processing 965 617 1,893 1,600
FDIC assessment 207 210 414 417
Intangible asset amortization 84 95 171 192
Franchise taxes 351 358 701 731
Professional services 358 509 731 808
Core system conversion expense 0 1,977 0 2,023
Other operating expenses 711 874 1,376 1,583
Total noninterest expense 9,302 10,582 18,630 19,215
Income before income tax expense 6,077 2,651 12,124 6,553
Income tax expense 1,048 362 2,114 1,028
Net Income $ 5,029 $ 2,289 $ 10,010 $ 5,525
Basic net income per common share $ 0.79 $ 0.36 $ 1.57 $ 0.87
Diluted net income per common share $ 0.79 $ 0.36 $ 1.57 $ 0.87
Weighted average number of common shares outstanding, basic 6,363,920 6,358,917 6,363,647 6,358,665
Weighted average number of common shares outstanding, diluted 6,367,161 6,361,582 6,366,660 6,360,990
Dividends declared per common share $ 0.75 $ 0.73 $ 0.75 $ 0.73
Deposit Account [Member]        
Noninterest Income:        
Noninterest Income $ 690 $ 734 $ 1,339 $ 1,433
Product and Service, Other [Member]        
Noninterest Income:        
Noninterest Income 69 73 211 156
Credit and Debit Card [Member]        
Noninterest Income:        
Noninterest Income 544 366 1,001 783
Fiduciary and Trust [Member]        
Noninterest Income:        
Noninterest Income $ 667 $ 578 $ 1,251 $ 1,157