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 and Dividend Income        
Interest and fees on loans $ 28,060 $ 26,191 $ 81,871 $ 76,218
Interest on investment securities, taxable 1,369 1,043 3,802 3,145
Interest on investment securities, tax-exempt 9 9 27 27
Dividends 117 119 352 363
Interest on deposits in banks 1,741 1,583 4,075 4,339
Total interest and dividend income 31,296 28,945 90,127 84,092
Interest Expense        
Deposits 12,606 12,424 35,796 36,725
Federal funds purchased     4 2
Federal Home Loan Bank advances 553 572 1,649 1,696
Subordinated debt 349 349 1,047 1,047
Total interest expense 13,508 13,345 38,496 39,470
Net Interest Income 17,788 15,600 51,631 44,622
Provision for (recovery of) credit losses (318) 356 (38) 1,064
Net interest income after provision for (recovery of) credit losses 18,106 15,244 51,669 43,558
Non-interest Income        
Service charges on deposit accounts 85 87 256 255
Other service charges and fees 144 135 466 429
Gain on sale of other assets     835  
Insurance commissions   58 93 304
Gain on sale of government guaranteed loans 24 106 30 203
Non-qualified deferred compensation plan asset gains, net 17 158 266 364
Other income (loss) (2) 109 50 110
Total non-interest income 268 653 1,996 1,665
Non-interest Expenses        
Salaries and employee benefits 5,151 5,693 16,928 15,971
Occupancy expense of premises 389 405 1,191 1,218
Furniture and equipment expenses 344 329 1,037 959
Merger and acquisition expenses 332   332  
Other operating expenses 2,463 2,607 7,605 7,446
Total non-interest expenses 8,679 9,034 27,093 25,594
Income before income taxes 9,695 6,863 26,572 19,629
Income Tax Expense 2,154 1,459 5,910 4,312
Net income $ 7,541 $ 5,404 $ 20,662 $ 15,317
Earnings per share, basic (in dollars per share) $ 0.53 $ 0.38 $ 1.46 $ 1.07
Earnings per share, diluted (in dollars per share) $ 0.53 $ 0.38 $ 1.46 $ 1.07