NON-INTEREST INCOME

9 Months Ended

Sep. 30, 2025

NON-INTEREST INCOME

NON-INTEREST INCOME

14. NON-INTEREST INCOME

The Company has included the following tables regarding the Company’s non-interest income for the periods presented:

	For the three months ended September 30,
	2025		2024
	(In thousands)
Service fees
Deposit related fees	$	10	$	10
Loan servicing income		23		20
Total service fees		33		30
Income from financial services
Securities commission income		243		241
Insurance commission income		2		3
Total insurance and securities commission income		245		244
Card income
Debit card interchange fee income		88		83
ATM fees		9		9
Insufficient fund fees		85		82
Total card and insufficient funds income		182		174
Realized gain on sale of residential mortgage loans and available-for-sale securities
Realized gain on sales of residential mortgage loans		62		51
Bank owned life insurance		26		4
Other miscellaneous income		47		28
Total non-interest income	$	595	$	531

	For the nine months ended September 30,
	2025		2024
	(In thousands)
Service fees
Deposit related fees	$	29	$	29
Loan servicing income		69		62
Total service fees		98		91
Income from financial services
Securities commission income		702		659
Insurance commission income		7		8
Total insurance and securities commission income		709		667
Card income
Debit card interchange fee income		238		230
ATM fees		24		24
Insufficient fund fees		220		212
Total card and insufficient funds income		482		466
Realized gain (loss) on sale of residential mortgage loans, and available-for-sale securities
Realized gain on sales of residential mortgage loans		128		73
Bank owned life insurance		78		26
Other miscellaneous income		117		83
Total non-interest income	$	1,612	$	1,406

The following is a discussion of key revenues within the scope of the new revenue guidance:

· Service fees — Revenue from fees on deposit accounts is earned at the time that the charge is assessed to the customer’s account. Fee waivers are discretionary and usually reversed within the same reporting period as assessed.

· Fee income — Fee income is earned through commissions and is satisfied over the time which the fee has been assessed.

· Card income and insufficient funds fees — Card income consists of interchange fees from consumer debit card networks and other card related services. Interchange rates are set by the card networks. Interchange fees are based on purchase volumes and other factors and are recognized as transactions occur. Insufficient funds fees are satisfied at the time the charge is assessed to the customer’s account.