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Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2024
Quarterly Financial Information (Unaudited) [Abstract]  
Quarterly Financial Information (unaudited)

Note 21: Quarterly Financial Information (unaudited)

 

Quarterly Financial Information (unaudited)

Years ended December 31,

 

($ in thousands, except per share data)

 

2024  December   September   June   March 
Interest income  $16,847   $16,548   $15,654   $15,300 
Interest expense   5,950    6,362    5,995    6,120 
Net interest income   10,897    10,186    9,659    9,180 
Provision for loan losses   (76)   200    
-
    
-
 
Noninterest income   4,557    4,123    4,386    3,951 
Noninterest expense   11,003    11,003    10,671    10,282 
Income tax expense   892    752    261    481 
Net income  $3,635   $2,354   $3,113   $2,368 
                     
Basic earnings per common share  $0.55   $0.35   $0.47   $0.35 
Diluted earnings per common share  $0.55   $0.35   $0.47   $0.35 
Dividends per share  $0.145   $0.140   $0.140   $0.135 

 

2023  December   September   June   March 
Interest income  $15,126   $14,796   $14,406   $13,824 
Interest expense   5,542    5,260    4,577    3,500 
Net interest income   9,584    9,536    9,829    10,324 
Provision for loan losses   (74)   (6)   145    250 
Noninterest income   5,531    4,163    4,361    3,666 
Noninterest expense   10,369    10,481    10,339    10,773 
Income tax expense   937    537    631    517 
Net income  $3,883   $2,687   $3,075   $2,450 
                     
Basic earnings per common share  $0.58   $0.39   $0.45   $0.35 
Diluted earnings per common share  $0.56   $0.39   $0.45   $0.35 
Dividends per share  $0.135   $0.130   $0.130   $0.125