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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest and Dividend Income        
Interest and fees on loans $ 21,594 $ 14,004 $ 42,231 $ 27,488
Interest on deposits in banks 1,891 1,579 3,562 2,867
Interest on federal funds sold 0 0 39 0
Interest and dividends on securities:        
Taxable interest 1,313 1,134 2,627 2,358
Tax-exempt interest 298 306 598 611
Dividends 69 32 129 65
Total interest and dividend income 25,165 17,055 49,186 33,389
Interest Expense        
Interest on deposits 6,080 4,820 12,117 9,591
Interest on subordinated debt 468 69 935 138
Interest on junior subordinated debt 66 66 132 134
Interest on other borrowings 3 606 3 1,182
Total interest expense 6,617 5,561 13,187 11,045
Net interest income 18,548 11,494 35,999 22,344
Provision for credit losses 911 400 1,743 1,400
Net interest income after provision for credit losses 17,637 11,094 34,256 20,944
Noninterest Income        
Noninterest income 3,428 2,510 6,703 5,050
Income from bank owned life insurance 231 149 477 300
Net gains on redemption of subordinated debt 80 0 80 0
Other operating income 150 27 240 1,383
Total noninterest income 3,889 2,686 7,500 6,733
Noninterest Expense        
Salaries and employee benefits 8,033 5,839 16,722 11,710
Buildings 944 548 2,013 1,083
Equipment 1,057 691 2,082 1,282
Marketing 286 273 506 468
Supplies 198 115 415 231
Legal and professional fees 594 1,124 1,115 1,576
ATM and check card expense 537 368 976 729
FDIC assessment 315 203 729 380
Bank franchise tax 348 261 665 523
Data processing expense 504 163 1,266 409
Internet banking expense 55 41 407 96
Core deposit intangible amortization expense 441 5 883 9
Other real estate owned, net 0 0 (7) 0
Net losses on disposal of premises and equipment 7 0 7 49
Merger expense 92 477 2,032 477
Other operating expense 1,780 551 3,715 1,524
Total noninterest expense 15,191 10,659 33,526 20,546
Income before income taxes 6,335 3,121 8,230 7,131
Income tax expense 1,284 679 1,581 1,480
Net income $ 5,051 $ 2,442 $ 6,649 $ 5,651
Earnings per common share        
Basic (in dollars per share) $ 0.56 $ 0.39 $ 0.74 $ 0.9
Diluted (in dollars per share) $ 0.56 $ 0.39 $ 0.74 $ 0.9
Deposit Account [Member]        
Noninterest Income        
Noninterest income $ 1,020 $ 612 $ 2,033 $ 1,266
Credit and Debit Card [Member]        
Noninterest Income        
Noninterest income 1,128 809 2,124 1,579
Asset Management [Member]        
Noninterest Income        
Noninterest income 867 879 1,765 1,762
Financial Service, Other [Member]        
Noninterest Income        
Noninterest income 230 178 488 373
Mortgage Banking [Member]        
Noninterest Income        
Noninterest income $ 183 $ 32 $ 293 $ 70