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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest Income        
Loans, including fees $ 11,334 $ 10,177 $ 22,075 $ 19,959
Investment securities available for sale 324 306 674 612
Investment securities held to maturity 46 91 93 183
Other interest income 562 1,043 1,305 1,867
Total interest income 12,266 11,617 24,147 22,621
Interest Expense        
Interest on deposits 2,622 2,242 5,223 4,228
Interest on FHLB borrowings 23   194  
Interest on subordinated debentures 465 466 931 1,521
Total interest expense 3,110 2,708 6,348 5,749
Net interest income 9,156 8,909 17,799 16,872
Provision (Recovery of) for credit losses 178 (111) 475 (92)
Net interest income after provision for credit losses 8,978 9,020 17,324 16,964
Noninterest Income        
Income from investment in life insurance 114 112 201 199
Other income 311 205 485 421
Total noninterest income 714 596 1,243 1,174
Noninterest Expense        
Compensation and related benefits 4,018 3,091 8,542 6,220
Occupancy 379 409 823 847
Data processing 395 374 792 751
Advertising 3 6 9 11
Professional fees 249 244 479 356
Equipment 94 103 185 205
Foreclosed real estate and holding costs 0 11 2 16
Amortization of intangible assets 45 45 90 90
FDIC insurance premiums 84 81 165 164
Other 488 533 845 1,160
Total noninterest expense 5,755 4,897 11,932 9,820
Net income before tax 3,937 4,719 6,635 8,318
Income tax expense 1,076 1,320 1,675 2,345
Net income $ 2,861 $ 3,399 $ 4,960 $ 5,973
Basic earnings per share $ 0.29 $ 0.32 $ 0.5 $ 0.52
Diluted earnings per share $ 0.29 $ 0.32 $ 0.5 $ 0.52
Deposits        
Noninterest Income        
Revenue $ 112 $ 97 $ 216 $ 200
Debit Cards        
Noninterest Income        
Revenue $ 177 $ 182 $ 341 $ 354