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:        
Interest and fees on loans $ 24,355 $ 19,974 $ 46,734 $ 39,264
Interest on securities available for sale        
Taxable 4,138 5,031 8,362 10,108
Tax-exempt 645 646 1,285 1,317
Interest on deposits at other banks 251 410 473 625
Dividend income 347 355 691 667
Total interest and dividend income 29,736 26,416 57,545 51,981
Interest expense:        
Interest on deposits 6,569 6,885 12,967 13,787
Interest on borrowings 2,386 1,874 4,868 3,760
Total interest expense 8,955 8,759 17,835 17,547
Net interest income 20,781 17,657 39,710 34,434
(Release) provision for credit losses (462) 126 (484) 612
Net interest income after (release) provision for credit losses 21,243 17,531 40,194 33,822
Other income:        
Trust and investment services income 928 787 1,985 1,651
Service fees 953 696 1,923 1,462
Commissions 1,117 1,014 2,175 2,026
Loss on the sale of debt securities, net (2) (307)
Gain on equity securities, net 15 50 47 22
Gains on sale of mortgages 436 391 948 830
Earnings on bank-owned life insurance 304 282 708 553
Other income 309 363 655 670
Total other income 4,062 3,581 8,441 6,907
Operating expenses:        
Salaries and employee benefits 9,182 8,357 18,719 16,637
Occupancy 1,180 873 2,285 1,782
Equipment 628 324 1,160 710
Advertising & marketing 441 375 789 742
Computer software & data processing 2,581 1,781 4,670 3,600
Shares tax 464 382 914 743
Professional services 1,080 811 2,036 1,654
Core deposit intangible amortization 125 208
Merger and conversion related expenses 1,561 3,718
Other expenses 1,024 1,019 2,051 2,373
Total operating expenses 18,266 13,922 36,550 28,241
Income before income taxes 7,039 7,190 12,085 12,488
Provision for income taxes 1,335 1,380 2,357 2,362
Net income $ 5,704 $ 5,810 $ 9,728 $ 10,126
Per share information:        
Basic earnings per share (in Dollars per share) $ 1 $ 1.02 $ 1.71 $ 1.79
Diluted earnings per share (in Dollars per share) 1 1.02 1.71 1.79
Cash dividends paid per share $ 0.18 $ 0.18 $ 0.36 $ 0.36