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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Loans, including fees $ 11,195 $ 10,479 $ 21,843 $ 19,978
Investment securities 858 1,095 1,700 2,169
Interest-earning deposits 770 648 1,385 1,296
Total interest income 12,823 12,222 24,928 23,443
Interest expense:        
Deposits 4,525 4,099 8,771 8,100
FHLB advances and other borrowings 520 555 1,042 1,025
Total interest expense 5,045 4,654 9,813 9,125
Net interest income before provision for credit losses 7,778 7,568 15,115 14,318
Provision for credit losses 17 213 67 213
Net interest income after provision for credit losses 7,761 7,355 15,048 14,105
Noninterest income:        
Service charges on deposit accounts 337 391 653 786
Net gain on sale of other real estate owned 0 135 0 135
Other 203 180 368 369
Total noninterest income 540 706 1,021 1,290
Noninterest expenses:        
Salaries and employee benefits 3,260 3,417 6,619 6,596
Occupancy 595 615 1,200 1,233
Data processing 550 508 1,093 1,019
Other 1,062 2,179 1,914 3,442
Total noninterest expenses 5,467 6,719 10,826 12,290
Income before income taxes 2,834 1,342 5,243 3,105
Income tax expense 682 311 1,260 739
Net income $ 2,152 $ 1,031 $ 3,983 $ 2,366
Weighted average common shares outstanding        
Basic 6,312,589 6,416,628 6,358,888 6,416,628
Diluted 6,457,397 6,544,450 6,504,838 6,534,751
Basic earnings per share $ 0.34 $ 0.16 $ 0.63 $ 0.37
Diluted earnings per share $ 0.33 $ 0.16 $ 0.61 $ 0.36