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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Loans, including fees:      
Taxable $ 142,485 $ 90,547 $ 79,433
Tax-exempt 1,276 1,232 1,405
Investment Securities:      
Taxable 13,195 10,748 10,985
Tax-exempt 1,149 1,136 1,168
Dividends 1,299 970 331
Other 3,808 2,832 3,318
Total Interest and Dividend Income 163,212 107,465 96,640
INTEREST EXPENSE      
Deposits 26,699 11,194 3,695
Short-term borrowings 1,639 859 898
Long-term borrowings 11,784 11,801 3,727
Total Interest Expense 40,122 23,854 8,320
Net Interest Income 123,090 83,611 88,320
Provision for (reversal of) credit losses 5,262 (2,437) 860
Reversal of provision for unfunded commitments (532) (326) (16)
Net Interest Income after Provisions for (Reversals of) Credit Losses and Unfunded Commitments 118,360 86,374 87,476
NONINTEREST INCOME      
Insurance commissions 9,482 9,754 9,319
Earnings on investment in bank-owned life insurance 2,593 1,979 1,878
Gain on life insurance proceeds 285 0 0
Net (losses) gains on sales or calls of investment securities (3,535) 69 (5,240)
Net gains (losses) on equity securities 30 (9) 18
Gain on assets held for sale 0 0 337
Other 1,609 963 1,127
Total Noninterest Income 28,609 24,730 18,445
NONINTEREST EXPENSES      
Salaries and employee benefits 52,779 42,929 40,931
Equipment 9,477 7,321 6,514
Net occupancy 5,177 4,162 3,908
Professional services 2,660 2,140 2,320
Other tax 1,847 1,446 1,269
FDIC and regulatory 1,751 1,425 1,388
Intangible assets amortization 4,257 1,244 1,424
Merger-related 10,718 2,045 0
Other 11,849 7,973 8,318
Total Noninterest Expenses 100,515 70,685 66,072
Income Before Income Taxes 46,454 40,419 39,849
Income taxes 9,403 8,573 8,161
Net Income $ 37,051 $ 31,846 $ 31,688
PER SHARE DATA      
Basic earnings $ 3.61 $ 3.75 $ 3.72
Diluted earnings $ 3.60 $ 3.73 $ 3.71
Weighted average shares outstanding, basic (in shares) 10,259,179 8,503,473 8,507,803
Weighted average shares outstanding, diluted (in shares) 10,290,148 8,536,965 8,536,125
Gain from mortgage loans held for sale      
NONINTEREST INCOME      
Revenue from contract with customer, excluding assessed tax $ 5,266 $ 301 $ 56
Service charges on deposits      
NONINTEREST INCOME      
Revenue from contract with customer, excluding assessed tax 4,841 4,144 3,958
Wealth management      
NONINTEREST INCOME      
Revenue from contract with customer, excluding assessed tax 4,475 4,226 3,644
ATM debit card charges      
NONINTEREST INCOME      
Revenue from contract with customer, excluding assessed tax $ 3,563 $ 3,303 $ 3,348