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Consolidated Income Statement - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
INTEREST AND DIVIDEND INCOME    
Interest and fees on loans $ 92,566,000 $ 81,963,000
Interest-earning deposits in other institutions 1,491,000 1,289,000
Federal funds sold 568,000 771,000
Investment securities:    
Taxable interest 2,028,000 1,893,000
Tax-exempt interest 3,861,000 3,914,000
Dividends on stock 748,000 471,000
Total interest and dividend income 101,262,000 90,301,000
INTEREST EXPENSE    
Deposits 33,263,000 18,995,000
Short-term borrowings 6,616,000 5,386,000
Other borrowings 703,000 717,000
Total interest expense 40,582,000 25,098,000
NET INTEREST INCOME 60,680,000 65,203,000
Provision for credit losses 2,008,000 3,002,000
NET INTEREST INCOME AFTER PROVISON FOR CREDIT LOSSES 58,672,000 62,201,000
NONINTEREST INCOME    
Loss on equity securities [1] (9,000) (161,000)
Loss on other real estate owned [1] 0 (170,000)
Earnings on bank-owned life insurance [1] 930,000 823,000
Gain on sale of loans [1] 199,000 97,000
Revenue from investment services 916,000 743,000
Gross rental income [1] 68,000 421,000
Total noninterest income 7,213,000 6,691,000
NONINTEREST EXPENSE    
Salaries and employee benefits 24,641,000 24,511,000
Occupancy expense 2,376,000 2,566,000
Equipment expense 925,000 1,241,000
Data processing and information technology costs 4,740,000 4,588,000
Ohio state franchise tax 1,583,000 1,578,000
Federal deposit insurance expense 1,055,000 861,000
Professional fees 2,265,000 2,293,000
Advertising expense 1,581,000 1,477,000
Software amortization expense 200,000 95,000
Core deposit intangible amortization 1,031,000 1,059,000
Gross other real estate owned expenses 99,000 510,000
Merger-related costs 0 473,000
Other Noninterest Expense 7,045,000 6,885,000
Total noninterest expense 47,541,000 48,137,000
Income before income taxes 18,344,000 20,755,000
Income taxes 2,825,000 3,387,000
NET INCOME $ 15,519,000 $ 17,368,000
EARNINGS PER SHARE    
Basic (in dollars per share) $ 1.93 $ 2.14
Diluted (in dollars per share) $ 1.92 $ 2.14
Deposit Account [Member]    
NONINTEREST INCOME    
Noninterest income revenue $ 3,907,000 $ 3,878,000
Financial Service, Other [Member]    
NONINTEREST INCOME    
Noninterest income revenue $ 1,202,000 $ 1,060,000
[1] Not within scope of ASC 606