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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Interest and dividend income:    
Loans, including fees $ 56,303 $ 41,407
Due from banks 2,067 598
Federal funds sold 34 21
Securities:    
Taxable 7,177 4,936
Tax-exempt 719 994
Dividends and interest on all other securities 326 87
Total interest and dividend income 66,626 48,043
Interest expense:    
Checking and savings deposits 6,810 746
Time deposits 7,057 1,403
Federal funds purchased, securities sold under agreements to repurchase and other borrowings 40 69
Federal Home Loan Bank advances 3,339 1,180
Long-term borrowings 1,181 207
Total interest expense 18,427 3,605
Net interest income 48,199 44,438
Provision for credit losses 2,601 1,706
Net interest income after provision for credit losses 45,598 42,732
Noninterest income:    
Bank-owned life insurance income 1,038 909
Mortgage banking income 433 497
Loss on sale of available-for-sale securities, net (134) (1,870)
Loss on sale of repossessed assets (69) 0
Gain on sale of premises and equipment 220 1,690
Total noninterest income 13,873 13,505
Noninterest expense:    
Salaries and employee benefits 30,429 27,055
Occupancy and equipment 4,889 4,720
Data processing 5,010 4,630
Customer development 548 473
Professional services 2,664 2,673
Employee professional development 1,002 991
Other taxes 950 849
ATM and other losses 782 535
Other operating expenses 4,133 3,729
Total noninterest expense 50,407 45,655
Income before income taxes 9,064 10,582
Income tax expense 1,334 1,474
Net income $ 7,730 $ 9,108
Basic Earnings per Share:    
Weighted average shares outstanding (in shares) 5,025,006 5,071,130
Net income per share of common stock (in dollars per share) $ 1.54 $ 1.8
Diluted Earnings per Share:    
Weighted average shares outstanding (in shares) 5,025,139 5,071,169
Net income per share of common stock (in dollars per share) $ 1.54 $ 1.8
Fiduciary and Asset Management Fees [Member]    
Noninterest income:    
Noninterest revenue $ 4,632 $ 4,097
Service Charges on Deposit Accounts [Member]    
Noninterest income:    
Noninterest revenue 3,077 3,069
Other Service Charges, Commissions and Fees [Member]    
Noninterest income:    
Noninterest revenue 4,143 4,383
Other Operating Income [Member]    
Noninterest income:    
Noninterest revenue $ 533 $ 730