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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income    
Interest and fees on loans $ 22,502 $ 21,755
Interest on investment securities: Taxable 1,880 1,763
Interest on investment securities: Exempt from federal income tax 59 45
Total investment income 1,939 1,808
Other 1,270 499
Total interest income 25,711 24,062
Interest expense    
Savings 38 43
Interest-bearing transaction accounts 5,344 5,200
Time deposits 1,249 1,440
Total interest on deposits 6,631 6,683
Interest on short-term borrowings 11 20
Interest on long-term borrowings 995 1,343
Total interest expense 7,637 8,046
Net interest income 18,074 16,016
Credit loss expense - loans 679 657
Credit loss expense - off-balance sheet credit exposures 200 (1)
Total credit loss expense 879 656
Net interest income after provision for credit losses 17,195 15,360
Other operating income    
Net gains on sales of residential mortgage loans 86 92
Net gains on disposal of fixed assets 46  
Net gains 132 92
Total other income 5,208 4,822
Total other operating income 5,340 4,914
Other operating expenses    
Salaries and employee benefits 8,201 7,331
FDIC premiums 279 245
Equipment expense 521 578
Occupancy expense of premises 725 689
Data processing expense 1,664 1,503
Marketing expense 234 238
Professional services 570 476
Contract labor 166 163
Telephone 96 98
Other real estate owned expense, net 123 92
Investor relations 60 62
Contributions 65 56
Other 989 1,045
Total other operating expenses 13,693 12,576
Income before income tax expense 8,842 7,698
Provision for income tax expense 2,179 1,892
Net Income $ 6,663 $ 5,806
Basic net income per share (in dollars per share) $ 1.03 $ 0.9
Diluted net income per share (in dollars per share) $ 1.03 $ 0.89
Weighted average number of basic shares outstanding (in shares) 6,483 6,474
Weighted average number of diluted shares outstanding (in shares) 6,494 6,490
Dividends declared per share $ 0.26 $ 0.22
Service charges on deposit accounts    
Other operating income    
Total other income $ 547 $ 547
Other service charges    
Other operating income    
Total other income 189 206
Trust department    
Other operating income    
Total other income 2,554 2,323
Debit card income    
Other operating income    
Total other income 931 921
Bank owned life insurance    
Other operating income    
Total other income 539 341
Brokerage commissions    
Other operating income    
Total other income 382 421
Other    
Other operating income    
Total other income $ 66 $ 63