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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - 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:        
Loans, including fees $ 38,967 $ 35,065 $ 77,092 $ 69,112
Loans accounted for under the fair value option 23 85 62 196
Investment securities 1,845 819 3,309 1,500
Interest-bearing deposits in other financial institutions 876 1,376 2,217 3,618
Dividends, restricted stock 142 155 278 283
Total interest and dividend income 41,853 37,500 82,958 74,709
Interest expense:        
Deposits 18,980 18,208 37,997 36,724
Other borrowed funds 1,109 1,408 2,314 2,648
Total interest expense 20,089 19,616 40,311 39,372
Net interest income 21,764 17,884 42,647 35,337
Less: (Release of) provision for credit losses (469) 1,773 (1,197) 1,853
Net interest income, after (release of) provision for credit losses 22,233 16,111 43,844 33,484
Non-interest income:        
Trust and investment management fees 4,742 4,512 9,493 9,189
Net gain on mortgage loans 906 1,187 2,364 2,254
Net gain on loans held for sale 0 0 0 222
Bank fees 429 293 734 715
Risk management and insurance fees 112 47 361 306
Income on company-owned life insurance 119 112 235 222
Net gain (loss) on loans accounted for under the fair value option 10 26 (29) 32
Net (loss) gain on other real estate owned 0 0 (7) 459
Unrealized (loss) gain recognized on equity securities (2) 3 (6) 14
Other 69 125 (104) 237
Total non-interest income 6,385 6,305 13,041 13,650
Total income before non-interest expense 28,618 22,416 56,885 47,134
Non-interest expense:        
Salaries and employee benefits 13,034 11,019 25,969 22,499
Occupancy and equipment 1,983 2,224 3,886 4,434
Professional services 1,490 1,855 3,086 3,559
Technology and information systems 1,478 1,030 2,477 2,108
Data processing 1,359 1,166 2,545 2,288
Marketing 358 267 551 483
Amortization of other intangible assets 48 52 96 103
Other 1,467 1,486 2,771 2,986
Total non-interest expense 21,217 19,099 41,381 38,460
Income before income taxes 7,401 3,317 15,504 8,674
Income tax expense 1,672 814 3,567 1,986
Net income available to common shareholders $ 5,729 $ 2,503 $ 11,937 $ 6,688
Earnings per common share:        
Basic (in USD per share) $ 0.59 $ 0.26 $ 1.23 $ 0.69
Diluted (in USD per share) $ 0.57 $ 0.26 $ 1.20 $ 0.68