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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest and dividend income:        
Loans, including fees $ 45,886 $ 45,478 $ 90,370 $ 88,504
Tax-exempt investment securities 22 21 44 43
Taxable investment securities 1,773 1,441 3,325 2,827
Other interest-earning assets 2,359 2,368 5,132 4,826
Total interest income 50,040 49,308 98,871 96,200
Interest expense:        
Deposits 21,795 22,505 43,273 45,069
Borrowings 751 813 1,294 858
Total interest expense 22,546 23,318 44,567 45,927
Net interest income 27,494 25,990 54,304 50,273
Provision for credit losses 926 1,787 1,393 3,385
Net interest income after provision for credit losses 26,568 24,203 52,911 46,888
Noninterest income:        
Service charges and fees on deposits 450 375 880 747
Loan servicing income 802 760 1,603 1,485
Bank-owned life insurance income 281 253 555 500
Gain on sale of loans 1,182 1,465 2,591 2,352
Other income 488 444 948 793
Total noninterest income 3,203 3,297 6,577 5,877
Noninterest expense:        
Salaries and employee benefits 9,551 8,844 19,271 17,919
Occupancy and equipment 2,369 2,379 4,646 4,668
Professional fees 645 805 1,179 1,433
Marketing and business promotion 446 597 902 840
Data processing 342 317 679 650
Director fees and expenses 223 225 446 451
Regulatory assessments 368 358 729 702
Other expense 1,169 1,304 2,075 2,640
Total noninterest expense 15,113 14,829 29,927 29,303
Income before income taxes 14,658 12,671 29,561 23,462
Income tax expense 4,151 3,600 8,401 6,656
Net income 10,507 9,071 21,160 16,806
Preferred stock dividends 87 87 173 127
Net income available to common shareholders $ 10,420 $ 8,984 $ 20,987 $ 16,679
Earnings per common share, basic (in dollars per share) $ 0.73 $ 0.63 $ 1.48 $ 1.16
Earnings per common share, diluted (in dollars per share) $ 0.73 $ 0.62 $ 1.47 $ 1.15
Weighted-average common shares outstanding, basic (in shares) 14,107,290 14,213,032 14,124,595 14,242,486
Weighted-average common shares outstanding, diluted (in shares) 14,220,414 14,326,011 14,231,238 14,364,995