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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Information

Information reported internally for performance assessment by the CODM follows, including reconciliation to the financial statements.

			Three Months Ended March 31,
			2025						2024
Interest and Dividend Income:
Loans including fees
Interest and fees on loans			$	72,379					$	71,513
Investment Securities			10,000						6,392
Total interest and dividend income			82,379						77,905
Interest Expense:
Deposits			32,634						31,548
Borrowed funds			1,314						1,135
Total interest expense			33,948						32,683
NET INTEREST INCOME			48,431						45,222
PROVISION FOR CREDIT LOSS EXPENSE			1,556						1,320
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSS EXPENSE			46,875						43,902
NON-INTEREST INCOME:
Service charges on deposit accounts			1,714						1,694
Other service charges and fees			510						695
Wealth and asset management fees			1,796						1,802
Net unrealized gains (losses) on equity securities			(249)						191
Mortgage banking			96						196
Bank owned life insurance			760						767
Card processing and interchange income			2,107						2,016
Other non-interest income			1,773						1,594
Total non-interest income			8,507						8,955
NON-INTEREST EXPENSES:
Salaries			13,726						13,556
Incentive			1,768						393
Benefits			5,070						4,838
Net occupancy expense			4,038						3,640
Technology expense			5,378						5,072
State and local taxes			1,292						1,143
Legal, professional and examination fees			849						1,172
Advertising			514						685
FDIC insurance			985						990
Card processing and interchange expenses			1,160						1,179
Merger Costs			1,529						—
Other non-interest expenses			4,729						4,756
Total non-interest expenses			41,038						37,424
INCOME BEFORE INCOME TAXES			14,344						15,433
INCOME TAX EXPENSE			2,863						2,833
SEGMENT NET INCOME			$	11,481					$	12,600
Reconciliation of profit or loss
Adjustments and reconciling items			—						—
CONSOLIDATED NET INCOME			$	11,481					$	12,600
Reconciliation of assets
Adjustments and reconciling items			—						—
TOTAL CONSOLIDATED ASSETS			$	6,295,508					$	5,801,412

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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