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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest and dividend income    
Interest and fees on loans $ 3,589 $ 3,280
Interest and dividends on securities, taxable 4,607 2,866
Interest on securities, tax-exempt 282 294
Interest on interest-bearing deposits in banks 6,263 3,259
Total interest and dividend income 14,741 9,699
Interest expense    
Interest on deposits 893 808
Interest on short-term borrowings 0 99
Total interest expense 893 907
Net interest income 13,848 8,792
Provision for (recapture of) credit losses    
Provision for (recapture of) loan credit losses (38) 5
Recapture of securities credit losses (27) (199)
Total recapture of credit losses (65) (194)
Net interest income after provision for (recapture of) credit losses 13,913 8,986
Noninterest income    
Deposit placement services 133 1,122
Gain on sale of mortgage loans 13 0
Other income 39 28
Total noninterest income 695 1,648
Noninterest expenses    
Salaries and employee benefits 4,408 3,485
Professional services 893 465
Data processing and communication expenses 666 595
State franchise taxes 351 203
Occupancy and equipment expenses 251 275
FDIC and regulatory assessments 228 193
Directors fees 146 161
Insurance expenses 149 60
Marketing and business development costs 81 72
Other operating expenses 398 232
Total noninterest expenses 7,571 5,741
Net income before taxes 7,037 4,893
Income tax expense 1,430 976
Net income $ 5,607 $ 3,917
Earnings per common share, basic (in dollars per share) [1] $ 0.85 $ 0.86
Earnings per common share, diluted (in dollars per share) [1] $ 0.85 $ 0.86
Service charges on accounts    
Noninterest income    
Noninterest income $ 240 $ 311
Deposit placement services    
Noninterest income    
Noninterest income $ 270 $ 187
[1] Share information for the historical period gives effect to the Reclassification. During the periods presented, the number of basic and diluted weighted average shares are the same because there were no potentially dilutive instruments. Except in regard to voting and conversion rights, the rights of Class A Common Stock and Class B Common Stock are identical, and the classes rank equally and share ratably with regard to all other matters. Each share of Class B Common Stock is convertible at any time into one share of Class A Common Stock.