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Note 12 - Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
  

As of the Three Months Ended March 31, 2025

 

(in thousands)

 

Community Banking

  

Wealth Management

  

Total

 
             

Interest Income

 $23,959  $63  $24,022 

Interest Expense

  6,571      6,571 

Net interest income

 $17,388  $63  $17,451 

Provision for credit losses

  832      832 

Net interest income after provision for credit losses

 $16,556  $63  $16,619 

Noninterest Income:

            

Service charges on deposit accounts

 $1,013  $  $1,013 

ATM and check card fees

  996      996 

Wealth management fees

     898   898 

Other operating income

  704      704 

Total noninterest income

 $2,713  $898  $3,611 

Noninterest Expense

            

Salaries and employee benefits

 $8,460  $229  $8,689 

Occupancy

  1,062   7   1,069 

Equipment

  1,023   1   1,024 

Legal and professional fees

  522      522 

Data processing expense

  726   36   762 

Investment management

     330   330 

Other operating expense

  5,929   10   5,939 

Total noninterest expense

 $17,722  $613  $18,335 

Income before income taxes

 $1,547  $348  $1,895 

Income tax expense

  242   55   297 

Net income

 $1,305  $293  $1,598 
  

As of the Three Months Ended March 31, 2024

 

(in thousands)

 

Community Banking

  

Wealth Management

  

Total

 
             

Interest Income

 $16,262  $72  $16,334 

Interest Expense

  5,484      5,484 

Net interest income

 $10,778  $72  $10,850 

Provision for credit losses

  1,000      1,000 

Net interest income after provision for credit losses

 $9,778  $72  $9,850 

Noninterest Income:

            

Service charges on deposit accounts

 $654  $  $654 

ATM and check card fees

  770      770 

Wealth management fees

     883   883 

Other operating income

  1,740      1,740 

Total noninterest income

 $3,164  $883  $4,047 

Noninterest Expense

            

Salaries and employee benefits

 $5,668  $203  $5,871 

Occupancy

  528   7   535 

Equipment

  591      591 

Legal and professional fees

  452      452 

Data processing expense

  209   37   246 

Investment management

     328   328 

Other operating expense

  1,856   8   1,864 

Total noninterest expense

 $9,304  $583  $9,887 

Income before income taxes

 $3,638  $372  $4,010 

Income tax expense

  727   74   801 

Net income

 $2,911  $298  $3,209