v3.26.1
Note 12 - Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Notes Tables  
Segment Reporting [Table Text Block]
  

For the Three Months Ended June 30, 2026

 

(in thousands)

 

Community Banking

  

Wealth Management

  

Total

 
             

Interest Income

 $25,533  $100  $25,633 

Interest Expense

  5,652   —   5,652 

Net interest income

 $19,881  $100  $19,981 

Provision for credit losses

  426   —   426 

Net interest income after provision for credit losses

 $19,455  $100  $19,555 

Noninterest Income:

            

Service charges on deposit accounts

 $913  $—  $913 

ATM and check card fees

  1,155   —   1,155 

Wealth management fees

  —   902   902 

Other operating income

  1,048   —   1,048 

Total noninterest income

 $3,116  $902  $4,018 

Noninterest Expense:

            

Salaries and employee benefits

 $8,757  $249  $9,006 

Occupancy

  967   7   974 

Equipment

  1,130   1   1,131 

Legal and professional fees

  737   5   742 

Data processing expense

  401   34   435 

Investment management

  —   315   315 

Other operating expense

  3,820   14   3,834 

Total noninterest expense

 $15,812  $625  $16,437 

Income before income taxes

 $6,759  $377  $7,136 

Income tax expense

  1,319   74   1,393 

Net income

 $5,440  $303  $5,743 
  

For the Three Months Ended June 30, 2025

 

(in thousands)

 

Community Banking

  

Wealth Management

  

Total

 
             

Interest Income

 $25,088  $77  $25,165 

Interest Expense

  6,617   —   6,617 

Net interest income

 $18,471  $77  $18,548 

Provision for credit losses

  911   —   911 

Net interest income after provision for credit losses

 $17,560  $77  $17,637 

Noninterest Income:

            

Service charges on deposit accounts

 $1,020  $—  $1,020 

ATM and check card fees

  1,128   —   1,128 

Wealth management fees

  —   867   867 

Other operating income

  874   —   874 

Total noninterest income

 $3,022  $867  $3,889 

Noninterest Expense:

            

Salaries and employee benefits

 $7,834  $199  $8,033 

Occupancy

  937   7   944 

Equipment

  1,056   1   1,057 

Legal and professional fees

  594   —   594 

Data processing expense

  467   37   504 

Investment management

  —   305   305 

Other operating expense

  3,745   9   3,754 

Total noninterest expense

 $14,633  $558  $15,191 

Income before income taxes

 $5,949  $386  $6,335 

Income tax expense

  1,198   86   1,284 

Net income

 $4,751  $300  $5,051 
  

For the Six Months Ended June 30, 2026

 

(in thousands)

 

Community Banking

  

Wealth Management

  

Total

 
             

Interest Income

 $49,773  $189  $49,962 

Interest Expense

  11,305   —   11,305 

Net interest income

 $38,468  $189  $38,657 

Provision for credit losses

  876   —   876 

Net interest income after provision for credit losses

 $37,592  $189  $37,781 

Noninterest Income:

            

Service charges on deposit accounts

 $1,837  $—  $1,837 

ATM and check card fees

  2,202   —   2,202 

Wealth management fees

  —   1,813   1,813 

Other operating income

  1,990   —   1,990 

Total noninterest income

 $6,029  $1,813  $7,842 

Noninterest Expense:

            

Salaries and employee benefits

 $17,510  $478  $17,988 

Occupancy

  1,932   14   1,946 

Equipment

  2,222   2   2,224 

Legal and professional fees

  1,421   9   1,430 

Data processing expense

  760   69   829 

Investment management

  —   610   610 

Other operating expense

  7,338   54   7,392 

Total noninterest expense

 $31,183  $1,236  $32,419 

Income before income taxes

 $12,438  $766  $13,204 

Income tax expense

  2,425   149   2,574 

Net income

 $10,013  $617  $10,630 
  

For the Six Months Ended June 30, 2025

 

(in thousands)

 

Community Banking

  

Wealth Management

  

Total

 
             

Interest Income

 $49,046  $140  $49,186 

Interest Expense

  13,187   —   13,187 

Net interest income

 $35,859  $140  $35,999 

Provision for credit losses

  1,743   —   1,743 

Net interest income after provision for credit losses

 $34,116  $140  $34,256 

Noninterest Income:

            

Service charges on deposit accounts

 $2,033  $—  $2,033 

ATM and check card fees

  2,124   —   2,124 

Wealth management fees

  —   1,765   1,765 

Other operating income

  1,578   —   1,578 

Total noninterest income

 $5,735  $1,765  $7,500 

Noninterest Expense:

            

Salaries and employee benefits

 $16,294  $428  $16,722 

Occupancy

  1,999   14   2,013 

Equipment

  2,080   2   2,082 

Legal and professional fees

  1,115   —   1,115 

Data processing expense

  1,193   73   1,266 

Investment management

  —   635   635 

Other operating expense

  9,674   19   9,693 

Total noninterest expense

 $32,355  $1,171  $33,526 

Income before income taxes

 $7,496  $734  $8,230 

Income tax expense

  1,440   141   1,581 

Net income

 $6,056  $593  $6,649