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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest income        
Loans $ 60,693 $ 66,685 $ 121,532 $ 129,347
Securities – taxable 9,948 9,062 19,444 17,525
Securities – non-taxable 629 654 1,283 1,315
Other earning assets 5,366 4,485 10,187 9,528
Total interest income 76,636 80,886 152,446 157,715
Interest expense        
Deposits 40,320 46,794 80,679 94,420
Other borrowed funds 3,877 6,102 7,730 10,209
Total interest expense 44,197 52,896 88,409 104,629
Net interest income 32,439 27,990 64,037 53,086
Provision for credit losses 13,508 13,596 30,114 25,717
Benefit for credit losses - debt securities held to maturity (17) (12) (23) (32)
Benefit (provision) for credit losses - off-balance sheet commitments (76) 24 (371) (144)
Net interest income after provision for credit losses 19,024 14,382 34,317 27,545
Noninterest income        
Gain on sale of loans 4,690 1,673 12,067 10,320
Other 1,609 2,780 3,110 3,493
Total noninterest income 8,685 5,557 20,203 15,984
Noninterest expense        
Salaries and employee benefits 13,570 10,867 26,806 23,974
Marketing, advertising and promotion 706 702 1,321 1,349
Consulting and professional services 1,372 936 2,452 2,164
Data processing 774 656 1,549 1,291
Loan expenses 2,109 1,520 4,288 3,051
Premises and equipment 3,718 3,281 7,394 6,396
Deposit insurance premium 1,611 1,564 3,098 2,962
Other 2,262 2,274 4,241 4,170
Total noninterest expense 26,122 21,800 51,149 45,357
Income (loss) before income taxes 1,587 (1,861) 3,371 (1,828)
Income tax benefit (780) (2,054) (1,505) (2,964)
Net income $ 2,367 $ 193 $ 4,876 $ 1,136
Income per share of common stock        
Basic (in dollars per share) $ 0.27 $ 0.02 $ 0.56 $ 0.13
Diluted (in dollars per share) $ 0.27 $ 0.02 $ 0.55 $ 0.13
Weighted-average number of common shares outstanding        
Basic (in shares) 8,754,008 8,733,559 8,744,250 8,724,657
Diluted (in shares) 8,822,099 8,760,374 8,797,389 8,784,005
Dividends Declared Per Share (in dollars per share) $ 0.06 $ 0.06 $ 0.12 $ 0.12
Service charges and fees        
Noninterest income        
Noninterest income $ 1,112 $ 278 $ 1,956 $ 543
Loan servicing revenue        
Noninterest income        
Noninterest income 2,853 1,979 5,709 3,962
Loan servicing asset revaluation        
Noninterest income        
Noninterest income $ (1,579) $ (1,153) $ (2,639) $ (2,334)