v3.26.3
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest income:        
Loans, including fees $ 42,463 $ 42,198 $ 125,440 $ 124,852
Securities:        
Taxable 2,105 2,643 6,345 8,116
Tax-exempt 634 739 1,908 2,224
Deposits with banks 2,224 2,087 6,401 6,551
Securities purchased under agreements to resell 1,769 1,258 4,966 1,280
Total interest income 49,195 48,925 145,060 143,023
Interest expense:        
Deposits 19,376 22,539 57,821 66,638
Subordinated notes 1,113 1,107 3,327 3,316
Federal Home Loan Bank advances 1,965 2,292 6,483 6,786
Long-term debt 371 486 1,153 1,508
Total interest expense 22,825 26,424 68,784 78,248
Net interest income 26,370 22,501 76,276 64,775
Credit loss expense (benefit) 0 0 0 0
Net interest income after credit loss expense 26,370 22,501 76,276 64,775
Noninterest income:        
Increase in cash value of bank-owned life insurance 316 308 937 885
Other income 253 333 754 950
Total noninterest income 2,745 2,503 7,895 7,156
Noninterest expense:        
Salaries and employee benefits 7,956 7,457 23,575 21,804
Occupancy and equipment 2,025 2,090 6,037 6,087
Technology and software 790 794 2,386 2,371
Data processing 578 663 1,719 1,923
FDIC insurance 455 637 1,372 1,894
Professional fees 260 303 836 914
Other expenses 1,897 1,606 5,268 5,105
Total noninterest expense 13,961 13,550 41,193 40,098
Income before income taxes 15,154 11,454 42,978 31,833
Income taxes 3,526 2,140 9,705 6,698
Net income $ 11,628 $ 9,314 $ 33,273 $ 25,135
Basic earnings per common share $ 0.68 $ 0.55 $ 1.96 $ 1.49
Diluted earnings per common share $ 0.67 $ 0.55 $ 1.93 $ 1.48
Service charges on deposit accounts [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax $ 482 $ 491 $ 1,466 $ 1,448
Debit card usage fees [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax 504 477 1,490 1,401
Trust services [Member]        
Noninterest income:        
Revenue from contract with customer, including assessed tax $ 1,190 $ 894 $ 3,248 $ 2,472