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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
INTEREST INCOME        
Interest and fees on loans $ 22,635 $ 21,715 $ 65,380 $ 64,979
Interest and fees on loans held for sale 10 13 15 80
Interest on investment securities:        
Taxable 1,403 887 4,105 2,426
Nontaxable 585 594 1,758 1,782
Federal funds sold and Other interest-bearing deposits 256 469 795 1,732
Dividends on other investments 114 141 319 428
Total interest income 25,003 23,819 72,372 71,427
Interest on deposits:        
Savings, interest checking and money market 4,036 4,910 12,471 14,034
Time deposits 2,523 2,834 7,409 8,744
Total interest expense on deposits 6,559 7,744 19,880 22,778
Interest on federal funds purchased and securities sold under agreements to repurchase 1 0 2 1
Interest on Federal Home Loan Bank advances 718 759 1,621 2,438
Interest on subordinated notes 860 989 2,568 2,964
Total interest expense on borrowings 1,579 1,748 4,191 5,403
Total interest expense 8,138 9,492 24,071 28,181
Net interest income 16,865 14,327 48,301 43,246
Provision for (release of) credit losses on loans 375 593 (66) 875
Provision for (release of) credit losses on unfunded commitments 0 (93) 50 (149)
Total provision for (release of) credit losses on loans and unfunded commitments 375 500 (16) 726
Net interest income after provision for (release of) credit losses on loans and unfunded commitments 16,490 13,827 48,317 42,520
NON-INTEREST INCOME        
Earnings on bank-owned life insurance 513 520 1,532 1,162
Gain on sale of mortgage loans, net 78 111 320 786
Gains (losses) on other real estate owned, net 0 262 (156) 751
Other 546 561 1,651 1,300
Total non-interest income 3,716 3,783 10,724 10,798
Investment securities gains (losses), net 105 8 102 (7)
NON-INTEREST EXPENSE        
Salaries and employee benefits 7,207 6,539 20,822 19,993
Occupancy expense, net 931 843 2,814 2,364
Furniture and equipment expense 683 787 2,149 2,266
Processing, network, and bank card expense 1,372 1,480 4,216 4,212
Legal, examination, and professional fees 470 378 1,391 1,713
Advertising and promotion 252 198 624 711
Postage, printing, and supplies 354 215 990 571
Other 1,552 1,554 4,583 4,773
Total non-interest expense 12,821 11,994 37,589 36,603
Income before income taxes 7,490 5,624 21,554 16,708
Income tax expense 1,358 1,050 3,938 3,049
Net income $ 6,132 $ 4,574 $ 17,616 $ 13,659
Basic earnings per share (in dollars per share) $ 0.89 $ 0.66 $ 2.54 $ 1.95
Diluted earnings per share (in dollars per share) $ 0.88 $ 0.66 $ 2.53 $ 1.95
Service charges and other fees        
NON-INTEREST INCOME        
Income from fees $ 928 $ 870 $ 2,781 $ 2,464
Bank card income and fees        
NON-INTEREST INCOME        
Income from fees 1,000 1,037 2,929 3,084
Wealth management revenue        
NON-INTEREST INCOME        
Income from fees $ 651 $ 422 $ 1,667 $ 1,251