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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest and Dividend Income    
Interest and fees on loans $ 20,639 $ 13,484
Interest on deposits in banks 1,671 1,288
Interest on federal funds sold 39 0
Interest and dividends on securities:    
Taxable interest 1,314 1,224
Tax-exempt interest 300 305
Dividends 59 33
Total interest and dividend income 24,022 16,334
Interest Expense    
Interest on deposits 6,038 4,771
Interest on subordinated debt 467 69
Interest on junior subordinated debt 66 68
Interest on other borrowings 0 576
Total interest expense 6,571 5,484
Net interest income 17,451 10,850
Provision for credit losses 832 1,000
Net interest income after provision for credit losses 16,619 9,850
Noninterest Income    
Noninterest income 3,275 2,540
Income from bank owned life insurance 246 151
Other operating income 90 1,356
Total noninterest income 3,611 4,047
Noninterest Expense    
Salaries and employee benefits 8,689 5,871
Occupancy 1,069 535
Equipment 1,024 591
Marketing 220 195
Supplies 217 116
Legal and professional fees 522 452
ATM and check card expense 438 361
FDIC assessment 414 177
Bank franchise tax 317 262
Data processing expense 762 246
Internet banking expense 351 181
Amortization expense 442 4
Net losses (gain) on disposal of premises and equipment (1) 50
Merger expense 1,940 0
Miscellaneous losses 316 109
Other operating expense 1,615 737
Total noninterest expense 18,335 9,887
Income before income taxes 1,895 4,010
Income tax expense 297 801
Net income $ 1,598 $ 3,209
Earnings per common share    
Basic (in dollars per share) $ 0.18 $ 0.51
Diluted (in dollars per share) $ 0.18 $ 0.51
Deposit Account [Member]    
Noninterest Income    
Noninterest income $ 1,013 $ 654
Credit and Debit Card [Member]    
Noninterest Income    
Noninterest income 996 770
Asset Management [Member]    
Noninterest Income    
Noninterest income 898 883
Financial Service, Other [Member]    
Noninterest Income    
Noninterest income 258 195
Mortgage Banking [Member]    
Noninterest Income    
Noninterest income $ 110 $ 38