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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Interest Income:    
Loans $ 41,301,000 $ 32,827,000
Taxable Investment Securities 29,478,000 28,749,000
Tax-exempt Investment Securities 422,000 639,000
Other 6,105,000 2,762,000
Total Interest Income 77,306,000 64,977,000
Interest Expense:    
Deposits 29,849,000 20,701,000
FRB and Other Borrowings 3,957,000 3,271,000
Subordinated Debentures 1,297,000 1,393,000
Junior Subordinated Debentures 376,000 364,000
Total Interest Expense 35,479,000 25,729,000
Net Interest Income 41,827,000 39,248,000
Provision for Credit Losses 1,370,000 246,000
Net Interest Income after Provision for Credit Losses 40,457,000 39,002,000
Non-Interest Income:    
Gain on Sale of Investment Securities, Net [1] 37,000 0
Gain on Sale of Loans [1] 779,000 626,000
Commissions From Insurance Agency [1] 791,000 784,000
Trust Income 2,265,000 1,860,000
BOLI Income [1] 706,000 636,000
Grant Income [1] 500,000 437,000
Other 756,000 809,000
Total Non-Interest Income 10,247,000 9,390,000
Non-Interest Expense:    
Compensation and Employee Benefits 21,799,000 20,313,000
Occupancy 3,296,000 3,175,000
Advertising 1,001,000 980,000
Depreciation and Maintenance of Equipment 1,685,000 1,935,000
FDIC Insurance Premiums 705,000 621,000
Consulting 658,000 746,000
Debit Card Expenses 1,559,000 1,434,000
Data Processing 1,410,000 1,305,000
Cloud Services 932,000 714,000
Other 5,095,000 4,691,000
Total Non-Interest Expense 38,140,000 35,914,000
Income Before Income Taxes 12,564,000 12,478,000
Provision For Income Taxes 2,757,000 2,288,000
Net Income 9,807,000 10,190,000
Preferred Stock Dividends 926,000 0
Net Income Available to Common Shareholders $ 8,881,000 $ 10,190,000
Net Income Per Common Share (Basic) (in dollars per share) $ 2.77 $ 3.14
Cash Dividend Per Share On Common Stock (in dollars per share) $ 0.56 $ 0.52
Weighted Average Shares Outstanding (Basic) (in shares) 3,208,405 3,248,149
Deposit Account [Member]    
Non-Interest Income:    
Fees income $ 1,243,000 $ 1,220,000
ATM and Credit Card [Member]    
Non-Interest Income:    
Fees income $ 3,170,000 $ 3,018,000
[1] Not within the scope of ASC 606