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Consolidated Statement of Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
INTEREST AND DIVIDEND INCOME        
Interest and fees on loans $ 25,485,000 $ 23,441,000 $ 73,994,000 $ 69,258,000
Interest-earning deposits in other institutions 299,000 348,000 915,000 1,171,000
Federal funds sold 192,000 143,000 467,000 417,000
Investment securities:        
Taxable interest 538,000 528,000 1,594,000 1,500,000
Tax-exempt interest 958,000 962,000 2,878,000 2,900,000
Dividends on stock 136,000 191,000 469,000 578,000
Total interest and dividend income 27,608,000 25,613,000 80,317,000 75,824,000
INTEREST EXPENSE        
Deposits 8,972,000 8,792,000 25,646,000 24,681,000
Short-term borrowings 918,000 1,575,000 3,135,000 5,488,000
Other borrowings 153,000 173,000 436,000 530,000
Total interest expense 10,043,000 10,540,000 29,217,000 30,699,000
NET INTEREST INCOME 17,565,000 15,073,000 51,100,000 45,125,000
Provision for (Recovery of) credit losses 392,000 2,234,000 (19,000) 2,185,000
NET INTEREST INCOME AFTER PROVISON FOR (RECOVERY OF) CREDIT LOSSES 17,173,000 12,839,000 51,119,000 42,940,000
NONINTEREST INCOME        
Gain (loss) on equity securities 17,000 14,000 (24,000) (65,000)
Earnings on bank-owned life insurance [1] 228,000 246,000 951,000 700,000
Gain on sale of loans [1] 158,000 56,000 221,000 135,000
Revenue from investment services 306,000 206,000 884,000 679,000
Gain on exchange of real estate 0 0 1,229,000 0
Gross rental income [1] 0 0 0 67,000
Total noninterest income 2,324,000 1,743,000 7,346,000 5,299,000
NONINTEREST EXPENSE        
Salaries and employee benefits 6,883,000 6,201,000 20,165,000 18,645,000
Occupancy expense 604,000 627,000 1,958,000 1,780,000
Equipment expense 249,000 203,000 722,000 704,000
Data processing and information technology costs 1,240,000 1,248,000 3,784,000 3,665,000
Ohio state franchise tax 399,000 399,000 1,197,000 1,193,000
Federal deposit insurance expense 267,000 255,000 801,000 762,000
Professional fees 700,000 539,000 1,819,000 1,654,000
Advertising expense 386,000 283,000 1,201,000 1,210,000
Software amortization expense 94,000 74,000 279,000 117,000
Core deposit intangible amortization 250,000 257,000 749,000 773,000
Loss on premises and equipment held for sale 18,000 0 711,000 0
Gross other real estate owned expenses 0 0 0 99,000
Other Noninterest Expense 2,008,000 1,785,000 5,556,000 5,136,000
Total noninterest expense 13,098,000 11,871,000 38,942,000 35,738,000
Income before income taxes 6,399,000 2,711,000 19,523,000 12,501,000
Income taxes 1,079,000 371,000 3,216,000 1,830,000
NET INCOME $ 5,320,000 $ 2,340,000 $ 16,307,000 $ 10,671,000
EARNINGS PER SHARE        
Basic (in dollars per share) $ 0.66 $ 0.29 $ 2.02 $ 1.32
Diluted (in dollars per share) $ 0.65 $ 0.29 $ 2.01 $ 1.32
Deposit Account [Member]        
NONINTEREST INCOME        
Noninterest income revenue $ 1,072,000 $ 959,000 $ 3,122,000 $ 2,839,000
Financial Service, Other [Member]        
NONINTEREST INCOME        
Noninterest income revenue $ 543,000 $ 262,000 $ 963,000 $ 944,000
[1] Not within scope of ASC 606