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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:    
Loans $ 14,490 $ 11,376
Investment securities:    
Taxable 2,428 2,317
Tax-exempt 764 786
Interest-bearing deposits at banks 63 98
Total interest income 17,745 14,577
Interest expense:    
Deposits 5,457 2,539
Federal Home Loan Bank and other borrowings 1,022 567
Subordinated debentures 412 364
Repurchase agreements 107 160
Total interest expense 6,998 3,630
Net interest income 10,747 10,947
Provision for credit losses 300 49
Net interest income after provision for credit losses 10,447 10,898
Non-interest income:    
Fees and service charges 2,461 2,358
Gains on sales of loans, net [1] 512 693
Increase in cash surrender value of bank owned life insurance [1] 245 218
Other 182 226
Total non-interest income 3,400 3,495
Non-interest expense:    
Compensation and benefits 5,532 5,542
Occupancy and equipment 1,390 1,369
Data processing 481 589
Amortization of mortgage servicing rights and other intangibles 412 461
Professional fees 647 491
Other 2,089 1,891
Total non-interest expense 10,551 10,343
Earnings before income taxes 3,296 4,050
Income tax expense 518 693
Net earnings $ 2,778 $ 3,357
Earnings per share:    
Basic [2],[3] $ 0.51 $ 0.61
Diluted [2],[3] 0.51 0.61
Dividends per share [2] $ 0.21 $ 0.20
[1] Not within the scope of ASC 606.
[2] Per share amounts for the periods ended March 31, 2023 have been adjusted to give effect to the 5% stock dividend paid during December 2023.
[3] Share and per share values for the periods ended March 31, 2023 have been adjusted to give effect to the 5% stock dividend paid during December 2023.