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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest Income    
Loans and leases $ 19,110,979 $ 18,773,758
Investment securities 1,872,981 1,963,449
Other 178,431 130,820
Total interest income 21,162,391 20,868,027
Interest Expense    
Deposits 7,298,347 7,844,380
Borrowings 2,417,631 2,765,575
Total interest expense 9,715,978 10,609,955
Net Interest Income 11,446,413 10,258,072
Provision for credit losses 693,094 731,095
Net Interest Income After Provision for Credit Losses 10,753,319 9,526,977
Non-interest Income    
Service charges on deposit accounts 321,978 295,974
Card fee income 317,324 298,480
Loan and lease servicing fees 93,580 112,358
Net gains on loan and lease sales 173,072 95,105
Other income 391,857 360,327
Total non-interest income 1,297,811 1,162,244
Non-interest Expenses    
Salaries and employee benefits 4,563,559 4,711,955
Net occupancy expenses 437,847 388,300
Equipment expenses 253,016 244,490
Data processing fees 1,192,079 901,964
Deposit insurance expense 285,000 339,000
Printing and office supplies 41,299 48,473
Legal and professional fees 458,791 530,917
Advertising expense 104,697 65,612
Bank service charges 48,215 46,618
Real estate owned expense 12,215 2,062
Other expenses 1,306,707 1,093,222
Total non-interest expenses 8,703,425 8,372,613
Income Before Income Tax Expense 3,347,705 2,316,608
Provision for income taxes 562,414 348,298
Net Income $ 2,785,291 $ 1,968,310
Earnings Per Share    
Basic (in USD per share) $ 0.29 $ 0.20
Diluted (in USD per share) $ 0.28 $ 0.20