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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest income:        
Loans, including fees $ 29,220,000 $ 26,232,000 $ 84,331,000 $ 76,503,000
Investment securities 2,315,000 2,393,000 7,175,000 6,530,000
Fed funds sold and interest-bearing balances in banks 3,017,000 4,414,000 8,359,000 13,348,000
FHLB dividends 253,000 243,000 750,000 762,000
FRB dividends 145,000 144,000 434,000 433,000
Total interest and dividend income 34,950,000 33,426,000 101,049,000 97,576,000
Interest expense:        
Deposits 9,777,000 9,448,000 27,669,000 26,677,000
Subordinated debt 1,571,000 892,000 3,354,000 2,676,000
Junior subordinated deferrable interest debentures 193,000 221,000 577,000 656,000
Total interest expense 11,541,000 10,561,000 31,600,000 30,009,000
Net interest income 23,409,000 22,865,000 69,449,000 67,567,000
Provision for credit losses 2,973,000 1,245,000 3,818,000 1,668,000
Net interest income after provision for credit losses 20,436,000 21,620,000 65,631,000 65,899,000
Noninterest income:        
Gain on sale of loans     251,000 287,000
Gain on equity securities 771,000 1,420,000 523,000 1,672,000
Loan servicing and other loan fees 403,000 324,000 1,308,000 1,157,000
Loss on investment in Small Business Investment Company ("SBIC") fund (29,000) (253,000) (365,000) (212,000)
Other income and fees 278,000 356,000 801,000 915,000
Total noninterest income 2,248,000 2,745,000 5,201,000 6,290,000
Noninterest expense:        
Salaries and employee benefits 10,168,000 9,569,000 29,831,000 29,247,000
Occupancy and equipment 2,143,000 2,209,000 6,462,000 6,496,000
Data processing 2,038,000 1,973,000 5,804,000 5,376,000
Other expense 1,597,000 2,323,000 5,592,000 7,038,000
Total noninterest expense 15,946,000 16,074,000 47,689,000 48,157,000
Income before provision for income taxes 6,738,000 8,291,000 23,143,000 24,032,000
Provision for income taxes 1,731,000 2,274,000 6,070,000 6,538,000
Net income $ 5,007,000 $ 6,017,000 $ 17,073,000 $ 17,494,000
Earnings per common share:        
Basic earnings per common share (in dollars per share) $ 0.46 $ 0.54 $ 1.55 $ 1.55
Weighted average common shares outstanding (in shares) 10,929,779 11,148,482 11,022,179 11,308,901
Diluted earnings per common share (in dollars per share) $ 0.46 $ 0.54 $ 1.55 $ 1.55
Weighted average common shares outstanding (in shares) 10,929,779 11,148,482 11,022,179 11,308,901
Service charges and other fees        
Noninterest income:        
Service charges and other fees $ 825,000 $ 898,000 $ 2,683,000 $ 2,471,000