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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest income:        
Loans $ 17,783 $ 15,933 $ 51,364 $ 45,445
Investment securities:        
Taxable 2,198 2,301 6,541 7,088
Tax-exempt 700 747 2,120 2,270
Interest-bearing deposits at banks 58 41 154 144
Total interest income 20,739 19,022 60,179 54,947
Interest expense:        
Deposits 5,410 5,830 15,790 16,960
Federal Home Loan Bank and other borrowings 857 1,100 2,283 3,149
Subordinated debentures 361 416 1,076 1,246
Repurchase agreements 17 72 134 267
Total interest expense 6,645 7,418 19,283 21,622
Net interest income 14,094 11,604 40,896 33,325
Provision for credit losses 850 500 1,850 800
Net interest income after provision for credit losses 13,244 11,104 39,046 32,525
Non-interest income:        
Fees and service charges 2,660 2,880 7,524 8,032
Gains on sales of loans, net [1] 948 704 2,250 1,864
Increase in cash surrender value of bank owned life insurance [1] 283 254 833 747
Losses on sales of investment securities, net (2)
Other 177 415 447 730
Total non-interest income 4,068 4,253 11,052 11,373
Non-interest expense:        
Compensation and benefits 6,304 5,803 18,692 16,839
Occupancy and equipment 1,364 1,429 3,860 4,113
Data processing 476 464 1,501 1,437
Amortization of mortgage servicing rights and other intangibles 247 256 724 924
Professional fees 746 573 2,031 1,869
Other 2,114 2,034 6,165 7,023
Total non-interest expense 11,251 10,559 32,973 32,205
Earnings before income taxes 6,061 4,798 17,125 11,693
Income tax expense 1,131 867 3,090 1,972
Net earnings $ 4,930 $ 3,931 $ 14,035 $ 9,721
Earnings per share:        
Basic [2],[3] $ 0.85 $ 0.68 $ 2.43 $ 1.69
Diluted [2],[3] 0.85 0.68 2.41 1.69
Dividends per share [2] $ 0.21 $ 0.20 $ 0.63 $ 0.60
[1] Not within the scope of ASC 606.
[2] Per share amounts for the periods ended September 30, 2024 have been adjusted to give effect to the 5% stock dividend issued in December 2024.
[3] Share and per share values for the periods ended September 30, 2024 have been adjusted to give effect to the 5% stock dividend paid during December 2024.