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 $ 45,236 $ 45,607 $ 133,954 $ 134,926
Investment securities:        
Taxable interest 3,069 2,432 8,293 7,547
Tax-exempt interest 65 72 205 217
Other investments and deposits 1,373 1,111 4,250 2,362
Total interest income 49,743 49,222 146,702 145,052
Interest Expense        
Deposits 12,984 13,805 37,959 39,569
Other borrowings 0 54 0 160
Subordinated debt expense 844 845 2,534 2,534
Short-term Federal Home Loan Bank advances 0 303 0 3,078
Long-term Federal Home Loan Bank advances 0 109 7 505
Total interest expense 13,828 15,116 40,500 45,846
Net interest income 35,915 34,106 106,202 99,206
Provision (reversal) for loan losses 1,019 (229) 2,703 654
Net interest income after provision for loan losses 34,896 34,335 103,499 98,552
Noninterest Income        
Gain on sale of loans, net 154 144 613 635
Income from bank-owned life insurance 295 288 869 848
(Loss) gain on sale of assets, net 0 0 (1) 7
Other income 467 252 936 937
Total noninterest income 4,201 3,738 11,858 11,463
Noninterest Expense        
Compensation and benefits 15,156 13,531 43,906 39,505
Occupancy 2,463 2,544 7,506 7,618
Marketing and advertising 435 515 1,451 1,405
Data processing and communication 2,834 2,556 8,118 7,826
Professional services 422 406 1,240 1,207
Forms, printing and supplies 178 175 576 578
Franchise and shares tax 532 475 1,212 1,434
Regulatory fees 471 459 1,393 1,477
Foreclosed assets, net 2,042 377 2,481 1,023
Amortization of acquisition intangible 209 268 653 830
Reversal for credit losses on unfunded commitments 0 0 0 (970)
Other expenses 1,581 1,225 5,281 4,584
Total noninterest expense 26,323 22,531 73,817 66,517
Income before income tax expense 12,774 15,542 41,540 43,498
Income tax expense 2,677 3,185 8,468 8,847
Net Income $ 10,097 $ 12,357 $ 33,072 $ 34,651
Earnings per share:        
Basic (in usd per share) $ 1.30 $ 1.60 $ 4.26 $ 4.45
Diluted (in usd per share) 1.28 1.59 4.21 4.41
Cash dividends declared per common share (in usd per share) $ 0.32 $ 0.29 $ 0.94 $ 0.83
Service fees and charges        
Noninterest Income        
Service fee and charges, and bank card fees $ 1,512 $ 1,408 $ 4,356 $ 4,062
Bank card fees        
Noninterest Income        
Service fee and charges, and bank card fees $ 1,773 $ 1,646 $ 5,085 $ 4,974