Segment Reporting

9 Months Ended

Sep. 30, 2025

Segment Reporting

Segment Reporting

Note 13:           Segment Reporting

The Company’s has one reportable segment (“Banking”) as determined by the after considering the level of information to review and the performance of various components of the business. The Company’s Management will use the consolidated information to benchmark against similar entities to evaluate financial performance and budget to actual results. Accounting policies followed by the Company are the same used for the single segment. The one segment identified is evaluated using net income, earnings per share, return of average assets and equity. Information used for performance assessment follows. Since reported consolidated financial results are used for the performance assessment, there are no reconciling items noted from our financial reporting results published and segment reporting financial information.

	Three Months Ended September 30,
	2025		2024
	(In thousands)
Banking Segment
Total interest income	$	10,635	$	9,944
Total interest expense		3,906		3,805
Net interest income		6,729		6,139
Provision for credit loss expense		186		69
Net interest income after provision for (reversal of) credit losses		6,543		6,070
Noninterest income		1,348		1,215
Noninterest expense (including taxes)		5,960		5,465
Net income		1,931		1,820
Net income (consolidated statements of income)	$	1,931	$	1,820
Total assets Banking segment	$	866,756	$	816,656
Total assets (consolidated balance sheets)	$	866,756	$	816,656

	Nine Months Ended September 30,
	2025		2024
	(In thousands)
Banking Segment
Total interest income	$	30,888	$	29,443
Total interest expense		11,317		10,987
Net interest income		19,571		18,456
Provision for credit loss expense		488		174
Net interest income after provision for (reversal of) credit losses		19,083		18,282
Noninterest income		4,019		3,265
Noninterest expense (including taxes)		17,385		15,994
Net income		5,717		5,553
Net income (consolidated statements of income)	$	5,717	$	5,553
Total assets Banking segment	$	866,756	$	816,656
Total assets (consolidated balance sheets)	$	866,756	$	816,656