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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest and dividend income        
Interest and fees on loans $ 16,996 $ 15,182 $ 49,606 $ 43,094
Interest on debt securities:        
Taxable 1,351 1,106 4,077 3,256
Tax exempt 388 467 1,165 1,512
Dividends 203 147 605 331
Interest on federal funds sold and overnight deposits 192 162 522 799
Interest on interest bearing deposits in banks 77 127 248 372
Total interest and dividend income 19,207 17,191 56,223 49,364
Interest expense        
Interest on deposits 5,070 4,961 16,087 15,082
Interest on borrowed funds 2,838 2,658 7,836 5,933
Interest on subordinated notes 143 142 428 427
Total interest expense 8,051 7,761 24,351 21,442
    Net interest income 11,156 9,430 31,872 27,922
Credit loss expense 313 425 769 583
    Net interest income after credit loss expense 10,843 9,005 31,103 27,339
Noninterest income        
Wealth management income 297 265 868 793
Service fees 1,793 1,855 5,165 5,252
Net losses on sales of investment securities available-for-sale 0 (1,293) 0 (1,293)
Net gains on sales of loans held for sale 700 540 1,569 1,168
Net gains on other investments 94 83 178 211
Other income 466 155 769 806
Total noninterest income 3,350 1,605 8,549 6,937
Noninterest expenses        
Salaries and wages 4,436 4,015 12,432 11,342
Employee benefits 1,406 1,522 4,958 4,642
Occupancy expense, net 537 505 1,736 1,618
Equipment expense 1,095 1,006 3,244 2,966
Other expenses 2,869 2,361 8,284 7,845
Total noninterest expenses 10,343 9,409 30,654 28,413
        Income before provision (benefit) for income taxes 3,850 1,201 8,998 5,863
Provision (benefit) for income taxes 414 (123) 666 103
Net income $ 3,436 $ 1,324 $ 8,332 $ 5,760
Basic earnings per common share (in usd per share) $ 0.75 $ 0.29 $ 1.83 $ 1.27
Diluted earnings per common share (in usd per share) $ 0.75 $ 0.29 $ 1.82 $ 1.27
Weighted average number of common shares outstanding (in shares) 4,563,784 4,524,319 4,548,962 4,521,795
Weighted average common and potential common shares for diluted EPS (in shares) 4,599,367 4,555,591 4,582,227 4,548,657
Dividends per common share (in usd per share) $ 0.36 $ 0.36 $ 1.08 $ 1.08