v3.26.3
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest Income        
Loans, including fees $ 42,061,000 $ 41,013,000 $ 122,727,000 $ 117,615,000
Debt securities:        
U.S. Treasury and government agencies 3,057,000 2,224,000 8,074,000 6,552,000
Municipalities and corporate bonds 346,000 366,000 1,042,000 1,117,000
Dividends 207,000 309,000 691,000 958,000
Federal funds sold and other 1,321,000 572,000 3,403,000 2,736,000
Total interest income 46,992,000 44,484,000 135,937,000 128,978,000
Interest Expense        
Deposits 14,758,000 15,060,000 42,439,000 43,861,000
Federal funds purchased and securities sold under agreements to repurchase 120,000 273,000 383,000 816,000
Borrowed funds 1,694,000 1,966,000 5,764,000 6,927,000
Subordinated notes 480,000 284,000 1,049,000 853,000
Total interest expense 17,052,000 17,583,000 49,635,000 52,457,000
Net Interest Income - Before Provision for Credit Losses 29,940,000 26,901,000 86,302,000 76,521,000
Provision for (Recovery of) Credit Losses - Loans (104,000) 557,000 371,000 2,029,000
Provision for (Recovery of) Credit Losses - Off Balance Sheet Credit Exposures 479,000 (272,000) 633,000 (505,000)
Net Interest Income - After Provision for Credit Losses 29,565,000 26,616,000 85,298,000 74,997,000
Noninterest Income        
Interchange income 1,339,000 1,273,000 4,199,000 3,953,000
Loan servicing income 686,000 674,000 2,370,000 2,065,000
Net gain on sale of loans 399,000 444,000 1,657,000 985,000
Increase in cash surrender value of bank owned life insurance 731,000 247,000 2,067,000 730,000
Gain (loss) on sale of other assets owned 1,000 0 31,000 (39,000)
Loss on sale of available-for-sale securities 0 0 (347,000) 0
Total noninterest income 4,867,000 4,357,000 15,299,000 12,454,000
Noninterest Expense        
Salaries and wages 8,594,000 8,108,000 25,242,000 23,553,000
Employee benefits 2,458,000 2,273,000 7,175,000 6,942,000
Net occupancy expense 1,081,000 1,104,000 3,181,000 3,378,000
Furniture and equipment 1,685,000 1,532,000 4,845,000 4,224,000
Data processing 840,000 1,109,000 2,612,000 2,723,000
Franchise taxes 394,000 397,000 1,189,000 1,191,000
ATM expense 576,000 665,000 1,713,000 1,917,000
Advertising 906,000 674,000 1,741,000 1,533,000
FDIC assessment 413,000 428,000 1,198,000 1,341,000
Servicing rights amortization - net 349,000 586,000 1,200,000 947,000
Loan expense 530,000 362,000 1,417,000 918,000
Consulting fees 312,000 242,000 891,000 1,481,000
Professional fees 447,000 516,000 1,372,000 1,577,000
Intangible asset amortization 305,000 445,000 914,000 1,334,000
Other general and administrative 1,328,000 1,298,000 4,593,000 4,700,000
Total noninterest expense 20,218,000 19,739,000 59,283,000 57,759,000
Income Before Income Taxes 14,214,000 11,234,000 41,314,000 29,692,000
Income Taxes 2,676,000 2,380,000 8,401,000 6,176,000
Net Income $ 11,538,000 $ 8,854,000 $ 32,913,000 $ 23,516,000
Basic Earnings Per Share $ 0.84 $ 0.64 $ 2.39 $ 1.71
Diluted Earnings Per Share $ 0.84 $ 0.64 $ 2.39 $ 1.71
Customer Service Fees [Member]        
Noninterest Income        
Noninterest income $ 380,000 $ 370,000 $ 1,407,000 $ 1,081,000
Other Service Charges and Fees [Member]        
Noninterest Income        
Noninterest income $ 1,331,000 $ 1,349,000 $ 3,915,000 $ 3,679,000